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    Gold prices vary on a daily basis. When gold prices are high, old abandoned mines re-open, when the price drops, gold mines close. The cost of labor is currently so high in the U.S. that few gold mines can operate profitably, but in third world countries where labor costs are lower, gold mines that have ore concentrations well below those found in the U.S. can operate with a profit.

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    Only permitted gold processing plant in North Tasmania. Processing capacity 350,000 tpa. Comprises crusher, Ball Mill, Gravity Gold Circuits, Flotation, Bacterial Oxidation, Cyanide Leaching, Cyanide Detoxification. Process plant can treat both free milling and refractory material. Fully permitted tailings dam in place. Experienced local workforce.

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