Northparkes

{{Short description|Mine in Australia}}

{{Use Australian English|date=June 2020}}

{{Use dmy dates|date=August 2019}}

{{Infobox mine

| name = Northparkes

| image =

| width =

| caption =

| pushpin_map = Australia

| pushpin_label = Northparkes mine

| pushpin_map_caption =

| coordinates =

{{coord|-32.91052|148.03722|region:AU-NSW_type:landmark_source:kolossus-dewiki|display=title,inline}}

| place =

| subdivision_type = Territory

| state/province = New South Wales

| country = Australia

| owner = {{ubl|Evolution Mining|{{smaller|(80%, 2023–present)}}}}

| official website =

| acquisition year =

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| stock_code =

| products = Copper (60,000 tonnes)
Gold (50,000 ounces)

| financial year =

| amount =

| opening year = 1994

| closing year =

}}

Northparkes is a copper and gold mine in central New South Wales, Australia, approximately 27 kilometres north-northwest of the town of Parkes.{{cite web

| title = Northparkes Mine web site

| publisher = Northparkes Mine

| url = http://www.northparkes.com.au/

| accessdate = March 11, 2009}}

The mine was originally started in 1994 using open pit mining, with underground mining using the block caving method starting in 1997.

The mine has an operational capacity to process six million tonnes of ore per year, containing roughly 60,000 tonnes of copper and 50,000 ounces of gold. Economic viability of the mine is projected to extend at least to the year 2032.{{cite web | url=http://www.parkeschampionpost.com.au/story/2434266/approval-for-seven-year-mine-extension-to-2032/ | title=Approval for seven year mine extension to 2032 | date=22 July 2014 }}

Until 2023, the mine was owned by the China Molybdenum Group (CMOC), with the remaining 20% owned by the Sumitomo Group. The mine was previously 80% owned by North Limited, with a takeover by Rio Tinto in 2000, before selling its stake in 2013.

In December 2023, it was announced that Evolution Mining completed the purchase of an 80% controlling interest in the mine for $300 million.{{Cite web|url=https://www.nsenergybusiness.com/news/evolution-wraps-up-80-stake-acquisition-in-northparkes-copper-gold-mine/|title=Evolution Mining closes 80% stake acquisition in Northparkes copper-gold mine|work=NS Energy|access-date=2024-01-19|language=en}}

Technology

Northparkes was one of the first mine sites to have automated loaders, and also the first block-cave mine in Australia.

References