The cornerstone of Leonora Operations, Gwalia mine, is the deepest underground trucking mine in Australia. Its depth is over 1,600 metres below surface.
Following the acquisition of St Barbara’s Leonora operations (Gwalia underground mine, Gwalia Mill, Tower Hill Project, and other Projects), Genesis is focused on unlocking the significant unique synergies available by pairing the new, shallow Admiral and Ulysses development projects with the Gwalia mine to fill the 1.4Mtpa Gwalia mill.
Admiral open pit - First ore delivered in the September 2023.
Ulysses underground - Now ready for underground development, mining planned from the March quarter 2024 using surplus equipment and labour from the re-set “quality over quantity” Gwalia mine.
Genesis is now focused on delivering a five-year outlook to the market in March 2024, cornerstoned by a long life, ‘margin over ounces’ Leonora business plan. |