Mount Whaleback Mine in Western Australia, was the largest mine in Australia, producing approximately 88.8 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Mount Whaleback Mine is owned by BHP;Mitsui & Co Ltd;Itochu Corp, and is due to operate until 2037.
Now fully owned by Newmont Goldcorp, the mine reopened in 2009 after a major expansion project that increased the throughput to become Australia's largest gold mine.
From 1855, colonial parliaments legislated for ownership of minerals to be retained by the Crown in future grants of freehold title. Thus, the situation developed where throughout Australia, the crown in right of the State owns nearly all the minerals.
Boddington gold mine
The project also produces 80 million pounds of copper per year, making the mine one of the most productive in Australia.
The Kalgoorlie Super Pit – also known as the Fimiston open pit - is a gold mine in Kalgoorlie, western Australia. Kalgoorlie is a rectangular open pit mine. It's approximately 3.5km long, 1.5km wide and 600m deep. The structure is big enough to be seen from space.
The destination: Mount Isa, the deepest mine in Australia, 5,187 kilometers (3,223 miles) away. The trip involved a four-hour hop across the continent to Brisbane, an overnight stay, followed by a two-and-a-half hour flight deep into Queensland, Australia's great north west.
Gina Rinehart, Australia
Australia's Gina Rinehart, the chairman and director of Hancock Prospecting group, had a net worth of $18.6bn in July 2014, making her the world's richest mining magnate and the sixth richest woman billionaire.
Located in the Sudirman Mountains of the Irian Jaya province of Indonesia, the Grasberg complex is one of the largest gold and copper mining operations in the world.
The release of the 2023 Forbes list of Australia's 50 richest people has seen major miners take out the top two spots. Hancock Prospecting executive chairman Gina Rinehart took out the top spot with a net worth of $30.6 billion, followed closely by Fortescue Metals executive chairman Andrew Forrest.
Your finds. Minerals are the property of the Crown. If you discover gold or other minerals or gemstones on land not covered by a mining tenement, and the ground is Crown land (under the Mining Act 1978), then you are free to keep what you have found (as long as you hold a Miner's Right).
What are the biggest iron ore companies listed on the ASX? BHP, Rio Tinto and Fortescue Metals Group are the top by market cap. Iron — the world's most commonly used metal — is key for the steel making industry.
Australia is estimated to have the world's largest gold reserves, with 9,500 tonnes or 17 per cent of the total world estimated gold reserves of 57,000 tonnes.
1st place: Muruntau mine, Uzbekistan
These unusual expanse is due to the nature of the gold deposits, located primarily in concentrated accumulations of quartz rock, so-called veins. The output of the Muruntau mine was over 51 tons in 2010, increased to more than 62 tons by 2020 and 82 tonnes in 2021.
The average fifo salary in Australia is $102,450 per year or $52.54 per hour. Entry-level positions start at $87,750 per year, while most experienced workers make up to $145,584 per year.
How much does a FIFO Utility make? The national average salary for a FIFO Utility is $26 in Australia.
The old eight days on site, six days at home (8/6) roster is the most generous and costly of the FIFO rosters. Workers work for 26 weeks per year (fewer if they take holidays). They require 26 return flights per annum each.
Andrew Forrest, $33.29 billion (up $2.57 billion)
A familiar face towards the top of the Rich List, Andrew 'Twiggy' Forrest has retained his spot as Australia's second-richest person and the country's wealthiest man.
Gina Rinehart: $43.17 billion
With a net worth of an excruciating $43 billion, Rinehart is not only the richest woman in Australia - by a large margin - she is also the eighth-richest woman in the world and among the wealthiest humans alive.
Mining magnate Gina Rinehart is Australia's richest woman with an estimated $36.7 billion fortune, followed by fellow West Australian Nicola Forrest, who debuts on the list with a $16.5 billion fortune thanks to her increased activity within investment group Tattarang, including its recent investment in fashion label ...
Sky News host Jaynie Seal visited Broken Hill to explore the rich history of the Silver City, Australia's longest-lived mining town. Sky News host Jaynie Seal visited Broken Hill to explore the rich history of the Silver City, Australia's longest-lived mining town.
Cadia Mine in New South Wales, was the largest gold-producing mine in Australia, producing approximately 764.9 thousand ounces of gold and an estimated 32.5 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021.
Whitehaven Coal | Australia's leading producer of premium-quality coal.