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New Gold's Peak Gold Mine
Energy Digital takes a look at New Gold's Peak Gold Mine.
CARLSBAD, CA, November 09, 2011 /Internet PR News/ -- Energy Digital takes a look at New Gold's Peak Gold Mine. Being located in Cobar, New South Wales has its benefits. Primarily, unlike most mining ventures in Australia, which can be located hundreds of kilometres from the nearest town or city, Peak Gold Mine is situated by a residential community. Considering the current difficulty in finding skilled miners in Australia, let alone ones willing to live in harsh remote environments, having a town nearby is a huge advantage.
Peak Gold Mine is a deep underground mine with multiple commodities, adding to its advantageous position. "We've got good systems and processes in place and a very modern fleet with a well-maintained plant," says Vice President and General Manager Peter Lloyd. "We're very established with a good culture. We've got a good balance of family and work.
"We've got a good resource base to draw from with a mine life past 2017 of known resources. Each year we've had a good conversion rate of resources to reserves and are replacing depleted stock with new resources we've found."
To learn more, read the full article. http://www.energydigital.com/reports/peak-gold-mine
About Peak Gold Mines
Peak Gold Mines is a large tenement holding in Australia's Cobar mineral field. Mining operations at Peak Gold began in 1991, and through a series of acquisitions the mine changed hands from Rio Tinto to Goldcorp before finally being acquired by Canadian mining firm New Gold Inc. The mine produces some silver, gold dore which is primarily sold to the Perth Mint, and copper concentrate the majority of which is destined for resource-hungry China. Production levels are approximately 90,000 to 100,000 ounces of gold and 6,000 tonnes of copper metal per year.
About Energy Digital
Energy Digital is a leading digital media source of news and content for C-level executives focused on business and all aspects of managing the environment. Energy Digital provides information for industry specific issues such as: Renewables; Global Operations; Exploration and Production, and Green Business. Energy Digital is the industry-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Energy Digital and is headquartered in San Diego, California, with additional offices in Boston, Toronto, Mumbai, and Norwich, England. For more information, contact 1-760-827-7800 or visit http://www.energydigital.com.
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