Jundee Gold Mine


The Jundee Gold Mine is an active gold mine in Western Australia, approximately 47 km north east of the town of Wiluna, owned by Northern Star Resources.

History

The Jundee mine was opened in 1995, originally as an open pit operation and, from 1997, also as an underground mine.
Originally, the mine was owned to 51% by Great Central Mines, which acquired the remaining 49% in early 1995 for US$89 million, alongside 30% of the Bronzewing Gold Mine.
In 1997, the Jundee mine was enlarged with the acquisition of the nearby Nimary Gold Mine, owned by the Eagle Mining Corporation NL.
Great Central Mines, with Jundee, Bronzewing and the Wiluna Gold Mine, was taken over by Normandy Mining in June 2000 and Normandy, in turn, by the Newmont Mining Corporation in February 2002. Newmont sold the operations to Northern Star Resources in 2014.
The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont planned to return to open pit mining in 2010 if drilling results were positive. Open pit mining commenced again under the subsequent owner, Northern Star Resources, during the 2019–20 financial year.
In June 2014, Northern Star Resources completed the purchase of the mine from Newmont at a cost of $US82.5 million. Earlier in the year, Northern Star had already purchased the Plutonic, Kanowna Belle and Kundana Gold Mines from Barrick Gold for US$100 million, making the company Australia's second-largest gold producer, behind Newmont, at the time.
, the mine expands its electricity system with 24 MW wind power, 16.9 MWp solar power and a 12 MW / 13.4 MWh battery, supplying half of the mine's power needs.

Production

Jundee

Annual production of the mine:
YearProductionGradeCost per ounce
1997-98293,016 ounces3.32 g/tA$327
1998-99385,088 ounces4.26 g/tUS$186
2000359,186 ounces4.31 g/tA$350
2001403,689 ounces6.08 g/tA$262
2002 167,157 ounces5.16 g/tA$320
2003
2004
2005341,800 ounces
2006305,400 ounces
2007291,900 ounces4.93 g/t
2008376,900 ounces6.83 g/t
2009412,300 ounces
2010
2011
2012
2013
2014

Yandal Production Centre

Production figures for the mine under the ownership of Northern Star Resources. From 2020, Northern Star reported combined figures for the Yandal Production Centre, which consist of Jundee and the Bronzewing Gold Mine. The Thunderbox Gold Mine was also added to the Yandal operations in 2021 period but production figures were reported separately for 2020–21. The Bronzewing mine, acquired in 2019, remained in care and maintenance:
YearProductionGradeCost per ounce
2014–15
2015–16209,515 ounces5.5 g/tA$1,007
2016–17233,556 ounces5.2 g/tA$948
2017–18283,288 ounces5.4 g/tA$870
2018–19295,053 ouncesA$981
2019–20294,279 ouncesA$1,095
2020–21286,676 ouncesA$1,278
2021–22310,225 ounces3.9 g/tA$1,295
2022–23320,201 ounces3.6 g/tA$1,365