Auric commenced mining at the Munda gold mine's starter pit in Australia
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Release time:2025-05-14
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The company predicts that approximately 125,000 tons of ore will be mined from the initial pit over the next five months.
Auric Mining has commenced mining operations at the Munda gold mine starter pit near Widgiemooltha, Western Australia. The company forecasts mining approximately 125,000 tonnes of ore from the starter pit over the next five months, with an estimated grade of 1.8 grams of gold per tonne and an all-in sustaining cost (AISC) of A$2,635 (US$1,685) per ounce. The company has fully funded the starter pit operation through mining revenue from the Jeffreys Find gold mine near Norseman. A groundbreaking ceremony was held on May 10, 2025. The company has completed site preparation works, including the construction of new haul roads, a stockpile, and a waste dump. In addition, all necessary infrastructure, such as mine offices and a camp, is now in place.
Currently, mining operations at the starter pit are underway, with the initial phase involving free-digging in the weathered upper section of the pit. Auric Mining anticipates that the first blasting operation will be required within the next two weeks as the team reaches fresher rock. The gold resource at the Munda gold mine is estimated at 145,000 ounces. Following the completion of the starter pit, Auric Mining plans to undertake detailed planning for the development of the main Munda pit, anticipated to commence in 2026.
Auric Mining Managing Director Mark English said: "We are currently mining without blasting, with the first blast anticipated in the next two weeks when we will be accessing fresher ore. The ore inventory at Munda will quickly build up. This is an exciting time for Auric. We have been working towards bringing this into production as quickly as possible since acquiring these tenements in September 2020." "Munda is our flagship asset. Our target is to mine 125,000 tonnes of ore from the starter pit and produce approximately 6,100 ounces of gold at an estimated all-in sustaining cost of A$2,635 per ounce." In April 2025, Auric Mining commenced development of the Munda gold mine and mobilized plant and equipment to the mine's starter pit.
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Key words: mining machinery |Mining Equipment