Mulgarrie
| Royalty | 1.2% GR |
| Terms | Payable after production of 225koz |
| Acquisition Date | August 2022 (0.6%), October 2024 (0.6%) |
| Location | Australia |
| Commodity | Gold |
| Operator | Norton Gold Fields (subsidiary of Zijin Mining) |
| Mine Type | Open Pit |
| Area | 25km2 |
The Mulgarrie operations are located 40km northwest of Kalgoorlie in Western Australia, and 10km from the Paddington Mill operated by Zijin Mining Group. Mulgarrie was acquired by Zijin through the acquisition of Gold Fields Limited, one of Australia’s largest domestic gold producers. Mulgarrie, like Mt Pleasant, is a typical Eastern Goldfields Archaean greenstone-hosted lode gold mine.
Mulgarrie is part of the large, multi-source Paddington Operation, owned locally by a private company with limited public information available, such that it is difficult to forecast royalty revenue and it may be limited with current production reportedly coming to an end. Production from Mulgarrie and Mulgarrie Well exceeded the royalty production threshold of 225koz for the first time in 2023.
Source
Norton Gold Fields Limited ASX release titled “January 2015 Mineral Resource & Ore Reserve Update”, released February 3, 2015