Gold Mining Projects To Get Underway In Kalgoorlie-Boulder Area

Gold Mining Projects To Get Underway In Kalgoorlie-Boulder Area

Western Australia Treasurer Ben Wyatt

McGowan Government Welcomes More Jobs From Gold Sector

Victor P Taffa

  • More jobs in the gold sector planned for Kalgoorlie-Boulder area
  • Continuing positive return for investors in WA industry
  • Chamber of Minerals and Energy promoting jobs in the Super Pit
  • Gold price has remained strong at over $1,630 per ounce since the release of the State Budget on September 7

Treasurer Ben Wyatt has welcomed more positive news from the gold sector with reports of more than 600 jobs expected to be created over the next 18 months.

This includes 2 major gold projects, Dacian’s Mount Morgans project and the Gruyere Gold Project going into production in the Goldfields.

“It has been so pleasing to hear the positive jobs news coming out of the WA gold industry.” Treasurer Ben Wyatt said.

“Following the State Budget and the announcement of our plans for a $20 per ounce gold royalty increase, it seems not a day goes by that I don’t hear about a new plan to expand, more capital raising and a plan for more jobs.”

This continues the strong signs from the ASX, with St. Barbara Pty Ltd seeing a 6-month high in their share price on September 18 which followed gold explorer Echo Resources’ doubling of their share price on September 16.

Exploration and drilling works have also continued, with Egan Street Resources announcing on September 14, a heavily oversubscribed $4 Million placement to fund further drilling at its Rothsay Gold Project in the Mid-West.

Strong gold price has also encouraged private investment in a number of small mining projects, including the Rose Dam Gold Mine which opened just a fortnight ago.

“Today’s Kalgoorlie Miner was again awash with good news about Rose Dam while Dacian Gold and Gruyere Gold have projects which should create a further 600 jobs.” Treasurer Ben Wyatt said.

Price of gold has remained over $1,630 per ounce since the State Budget on September 7, 2017.