Australian gold company targets growth at White River mine

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Silver Lake Resources invests in new buildings, processing equipment at Sugar Zone Mine

The new Australian owners of the Sugar Zone Mine continue to sink investment into the underground operation near White River.

Silver Lake picked up Sugar Zone last winter in an insolvency sale by Harte Gold. The South Perth-based company vowed to spend between $35 million and $45 million over the next two years to get the struggling operation to a productive and profitable state. Commercial gold production under the Harte Gold flag in 2019.

The operation was recently permitted to make a mining and milling rate jump up to 1,400 and 1,500 tonnes per day, respectively. New fibre optics have been installed above and below ground for better communication and in anticipation of tele-remote mining operations. New underground loading vehicles will arrive in the next few months.

 

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