Otago gold mining boom produces record $3.8m bar and expansion plans
Otago gold mining is booming on record prices, with a 17kg bar worth $3.8m being exported and operations expanding across multiple sites.
A 17kg gold bar worth $3.8m sourced from an Otago mine will be transported overseas under tight security following a record mining milestone. High global gold prices are fuelling expansion at mining operations, with approvals granted for work across five sites including relocation of State Highway 8 and mining under orchards.
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Stuff
$3.8m gold bar to leave NZ under tight security after record mining milestone
A 17kg gold bar sourced from an Otago mine and worth $3.8m will soon be heading across the Tasman.
Newsroom
Gold mining company prepares to dig up highway and orchards
Record $7000 gold prices are fuelling an Otago mining boom, with Hawkeswood Ltd expanding across five sites and gaining approval to move State Highway 8 The post Gold mining company prepares to dig up highway and orchards appeared first on…