Home Australia ‘Woohoo’: $30m gold find in swamp after tip from locals

‘Woohoo’: $30m gold find in swamp after tip from locals

‘Woohoo’: $30m gold find in swamp after tip from locals

Suggestions from locals that the householders of the Beaconsfield Gold Mine in northern Tasmania search a shut by contaminated wetland could seemingly lead to a $30 million windfall.

Key points:

  • The mine shut down in 2012 and was as soon as sold final year for $2m
  • The new householders is inclined to be sitting on a brand new “gold mine” charge $30m
  • They’re hoping to extract the gold from contaminated soil in shut by wetlands

The householders of the mine beget begun removing 100,000 tonnes of contaminated soil from shut by wetlands, in the hope of extracting millions of greenbacks charge of gold.

Early Newspaper

London-listed NQ Minerals acquired a pleasing surprise when they listened to a proposal from locals to ascertain the swamp at the east of the town for gold.

Since the 1870s, untreated water from the mine was as soon as pumped into the wetlands between Beaconsfield and the Tamar Estuary.

The firm’s executive director, Roger Jackson, mentioned testing stumbled on an realistic gold grade of 3.2 kilograms per tonne, with an estimated cost of $30 million.

LtoR Todd Russell and Brant Webb wave as they emerge from the mine lift

Todd Russell and Brant Webb made international headlines in 2006 after being trapped underground at the mine for 14 days.(

Ian Waldie/Pool: AAP


“We’re no longer 100 per cent positive of what cloth in quantity or quality is there but we now beget acquired an inexpensive opinion.”

Native knowledge wins again

The Beaconsfield gold mine shut down in 2012, and was as soon as purchased by NQ Minerals final February for $2 million.

The mine gained global attention in 2006 when Brant Webb and Todd Russell survived two weeks underground after a mine cave in.

The wetlands house had by no technique been examined for gold earlier than, but locals instructed they must aloof.

“We’ve been around a in point of fact long time and during the nation looking at various projects and one thing I’ve continuously learnt is locals know most interesting about the local place,” Mr Jackson mentioned.

“There’s been tons of folks work at the Beaconsfield mine, there is tons of trip and tons of skills,” he mentioned.

“There’s tons of historical previous in that house and it has been an amazing mine so it was as soon as just interesting to chat to locals and that is the reason how I picked it up.”

‘An attractive dear exercise’

However the find comes with a utilize — it would cost up to $8 million to route of the gold.

Beaconsfield mine yard opening 1

The mine has pumped untreated water into the wetlands since the 1870s.(

ABC Information: Damian McIntyre


“Right here’s a gorgeous dear exercise to pass this cloth and orderly it up,” Mr Jackson mentioned.

“It be no longer our legacy, we now beget attain alongside and sold the undertaking and as piece of that we now beget supplied to orderly this house up.

“Whereas it is a bonus, there is tons of cost that goes against that.”

A hasty of six trucks and about 20 workers is working to pass the fabric to NQ’s processing plant, with the technique region to lift loads of months.

The householders remain assured the mine will reopen.

Increase of a 430-metre decline to entry lots of the gold underground could seemingly originate later this year.

They’ve already chanced on a resource of half of a million ounces of gold.

“It be by no technique straightforward and mining is no longer a straightforward route of, there is a replacement of factors that we want to be positive of earlier than we initiate,” Mr Jackson mentioned.

They hope to originate mining underground in two years.

“The quantity of cloth or gold that will seemingly be extracted from this particular orderly-up is minor compared to half of a million ounces that we’re talking about that we now beget already stumbled on underground,” Mr Jackson mentioned.

A man in a black shirt stands in front of a painting

Beaconsfield hotel owner Andrew Heap is “comparatively mad” about the chance of a gold find.(

ABC Information: Craigh Heerey


Beaconsfield resident and native pub owner Andrew Heap has noticed tons of labor going on in the house.

“I thought it would were a rehabilitation kind of route of,” he mentioned.

“I did no longer realise there’d be gold in there, that’s comparatively exciting genuinely.”

A middle aged woman in sunglasses

West Tamar deputy mayor Pleasure Allen says it’ll “be excellent” to beget the wetlands rehabilitated.(

ABC Information: Craig Heerey


West Tamar deputy mayor Pleasure Allen mentioned it could maybe in point of fact be “an limitless serve” for the town if the mine had been to originate up again.

“It be large to clutch that every particular person that gold has been there all that time and now any individual is going to reap the advantages of it and the town will reap it too,” she mentioned.

“[Gold mining] has been happening for the final 100 years in Beaconsfield it is just that we now beget had a ruin.

“But I think folks are a limited bit hesitant, some folks are, about things which beget took method in the previous but employment wise, it is better for store householders, extra folks in the town, long-length of time is going to be an limitless serve.

She was as soon as but to exclaim to the firm about their plans but mentioned it would “be excellent” to beget the wetlands rehabilitated.

‘Woohoo’: $30m gold find in swamp after tip from locals