New Queensland gold mine officially opens

Evolution Mining officially opened their Mount Carlton gold-silver and copper mine in Queensland, creating hundreds of jobs.

Queensland Premier Campbell Newman was on site to open the mine yesterday, congratulating Evolution on its commitment to the local region.

Evolution invested over $200 million since 2006 on exploration, evaluation and development of the mine.

“I’m delighted by the jobs created, the skills to be learned, and by the boost to local business and the Queensland economy,” Newman said.

The mine, 150 kilometres south of Townsville, is expected to create around 135 fulltime jobs when the mine is in full production.

The Mount Carlton operation is expected to have a life of 12 years.

Evolution’s executive chairman Jake Klein commented on the rapid development of the mine.

“To be opening a mine only seven years since its discovery in 2006 is a tribute to the business environment in Australia and in particular Queensland,” he said.

Klein said the company was committed to building lasting relationships with the local community.

“At a practical level this means supporting local businesses in supply and procurement, sponsoring apprenticeships and training opportunities for young and talented individuals, maintaining a strong focus on local recruitment and being active and positive contributors to the community.”

Mount Carlton is the company’s fifth operation and is expected to be the lowest cost mine in the portfolio.

Once in full production, average annual payable gold production is expected to be 55,000 oz gold equivalent.

The Mount Carlton processing plant is set to ramp up production, hitting full capacity later this year.

The first shipment of silver concentrate is expected to be shipped within the next four to six weeks.

Image: johnston-sequoia.blogspot.com

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