Paddington Gold Mine
Mine Type: Open Pit, Underground
Norton Gold Fields Limited is located in 40 km northwest of the town of Kalgoorlie in Western Australia. In 2012, Zijin Mining Group took over 89.15% of shares of Norton. In June 2015, Zijin acquired the remaining shares and owned 100% interests of Norton.
Its core assets comprise of Paddington gold mine in Kalgoorlie of Western Australia and Mount Morgan tailings projects in Rockhampton of East Queensland. Paddington gold mine includes a 3.7 Mtpa Paddington Mill and a highly prospective tenement package of 1.01 km2.
Up to December 31st, 2018, Paddington gold mine has mineral resources of 10.86Moz and a mine life in excess of ten years, with considerable exploration upside from more than 80 known prospects across its tenement package.
In 2018, Norton Gold Fields produced 137,027 ounces of gold, achieved revenue of 1.158 billion yuan and total profit of 14.51 million yuan. By the end of 2018, the total assets reached 2.037 billion yuan.