Technical Aspects of Reopening Gold Mines in Victoria

Widespread interest in reopening Victorian gold mines, regenerated by increased gold prices, has highlighted the technical problems prevailing. A combination of historical lease legislation, minimal recent mining activity, forms of mineralisation, high insurance rates and tortuous approval requirements for mining mean the potential investor assessing an old mine must address a wide range of technical problems. The requirements for establishment of ore reserves and attraction of capital for mine development are fundamental. Underground reef mining was historically generally on a small scale, and as mining on many fields ceased about the turn of the century, past geological and production records cannot be correlated to personal experience and comment. The impact of modern mining technology on future reef mining will be to reduce operating costs and significantly improve historic metallurgical recovery. Roth these are commensurate with increased capital costs. Workers compensation rates currently applicable in Victoria are many times higher than in other states, adding significantly to operating costs. Establishment of a pilot plant testing facility in central Victoria would provide an invaluable service in treating bulk samples essential for grade and recovery assessments of Victorian ores.