NMDC Subsidiary to Launch Gold Mining in Western Australia

6 Nov 2023 , 01:56 PM

Legacy Iron Ore Limited, a subsidiary of the National Mineral Development Corporation (NMDC), is gearing up to extract gold from mines in Western Australia.

A groundbreaking ceremony for the operations at the Paddington Gold Mine, located within the Mount Celia deposits as part of the South Laverton Project, was recently conducted.

This marks NMDC’s first gold mining venture, with ore processing scheduled to commence in March 2024. Rapid progress has been made in surface and mine infrastructure works, setting the stage for gold ore extraction in the coming weeks.

The mining contract for this project is held by Bain Global Resources. Legacy Iron Ore has been primarily focused on developing various mineral resource projects in Western Australia, including iron ore, gold, base metals, nickel, lithium, and other Rare Earth Elements (REE).

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