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Paddington Operations

Ownership: 100%

Location

Kalgoorlie, Western Australia

Ownership

100%

Project status

In   operation + technical upgrading and expansion

Deposit Type

Greenstone   belt orogenic gold deposit

Reserves & reSOURCES

Contained   gold of 343t with grade of 1.16g/t

mining & processing   methods

Open   mining + underground mining + flotation

2020 Production

5.77   tonnes of mined gold


The acquisition of Paddington Operations in Australia is a successful case of a Chinese company acquiring a large producing gold mine overseas. The project covers an area of 1,012 km², with promising exploration prospects. It has both open-pit and underground operations, with a daily throughput of 10,000 tonnes.

Today, the expansion projects for low-grade and refractory ore at Paddington are moving forward. The GS refractory ore project is designed on the basis of the existing Paddington plant and will add an annual throughput of 1.5 million tonnes once completed. After GS project commences production, the Paddington plant will produce 5 to 6 tonnes of gold per annum. The Binduli low-grade ore project, a heap-leaching project, will be completed in phases. Its total designed annual capacity is 15 million tonnes, and once completed, its gold production will be up to about 7 tonnes in the peak years.