Edna May Gold Mine: Difference between revisions

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The Edna May project was acquired by Catalpa in July 1993, when it was purchased from ''ACM Gold Pty Ltd''.<ref name="Minedex" /> Catalpa, then as ''Westonia Mines Limited'', was first listed on the [[Australian Securities Exchange]], the ASX, on 20 August 2002. It changed its name to Catalpa Resources Limited on 3 September 2008.<ref>[http://www.delisted.com.au/Company/8827 WESTONIA MINES LIMITED (WEZ)] delisted.com.au, accessed: 15 July 2010</ref> The company was renamed after the ship ''[[Catalpa rescue|Catalpa]]'', which rescued [[Fenian]] convicts of the coast of [[Rockingham, Western Australia|Rockingham]] in 1876.<ref name="Launch" />
 
Catalpa purchased the processing facility of the former [[Big Bell Gold Mine]] and relocated it to its site near Westonia in 2007 for a cost of A$5.2 million.<ref>[http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00764423 Annual Financial Report 2007] Westonia Mines ASX announcement, published: 28 September 2007, accessed: 15 July 2010</ref> It began refurbishing and constructing the plant in March 2009, aiming for a production start in mid-2010 and an annual production in excess of 100,000 ounces of gold.<ref name="Rebuild" >[http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00935446 Catalpa Gets Set to Rebuild Edna May Gold Plant] Catalpa ASX announcement, published: 11 March 2010, accessed: 15 July 2010</ref> Construction cost of the mining project was estimated to be A$ 92 million.<ref>[http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01027233 Construction Update] Catalpa ASX announcement, published: 5 January 2010, accessed: 15 July 2010</ref> The company announced its first gold pour at the mine on 29 April 2010.<ref>[http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01058670 Catalpa achieves first gold pour at Edna May] Catalpa ASX announcement, published: 29 April, accessed: 15 July 2010</ref> Unlike many other mining projects in Western Australia, which utilise a fly-in fly-out workforce, Catalpa hoped to initially recruit up to 30% of its workers from local communities and planned to eventually increase this number to 50%,<ref>[http://www.perthnow.com.au/business/catalpas-edna-may-gold-mine-receives-environmental-approval/story-e6frg2qc-1225716341396 Catalpa's Edna May gold mine receives environmental approval] Perthnow.com.au, published: 26 May 2010, accessed: 15 July 2010</ref> which it had achieved by the time of its opening in August 2010.<ref name="Open" />
 
Catalpa commenced a three month ramp-up phase at the mine in May 2010, with full production scheduled to be achieved by 31 July 2010.<ref>[http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01069104 Edna May Project Update and Senior Management Restructure] Catalpa ASX announcement, published: 3 June 2010, accessed: 15 July 2010</ref>