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Australia's Newest Gold Mine Commences Production at Nullagine

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 352 Words

PERTH, AUSTRALIA--February 26, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--Millennium Minerals Limited (ASX:MOY) became Australia's newest gold producer, with its first gold pour at its Nullagine gold mine in Western Australia in October 2012. The remote mine site is seven kilometres south of the town of Nullagine in East Pilbara. Total capital expenditures are reported to be $88 million. Nullagine has estimated resources of 1.33 million ounces of gold that is spread across seven deposits on the granted mining lease.


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