QHA_March 2018_Electronic_s
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COMPASS<br />
GOLD AND ITS GHOSTS<br />
NOWHERE ELSE DOES GOLD MINING’S PAST MEET ITS PRESENT LIKE<br />
RAVENSWOOD 90 KM SOUTH OF TOWNSVILLE.<br />
<strong>QHA</strong> REVIEW | 48<br />
Just a couple of hundred metres behind the town of<br />
around 200, an open cut mine yawns wider than a<br />
racecourse as trucks and excavators rumble in its<br />
throat loading ores bound for adjacent processing<br />
facilities. Successful extraction of the mine’s Sarsfield,<br />
Nolans East and Buck Reef deposits has fluctuated<br />
since opening in 1987 and almost came to a standstill<br />
in 2016 when owners Resolute Mining Limited cast<br />
doubts over its future feasibility. But as so often<br />
happens in the industry, the use of increasingly<br />
sophisticated detection techniques indicated more<br />
minerals lay deeper down, extending the mine’s life<br />
expectancy by 13 years.<br />
To say the town has had uneven mining fortunes<br />
over the decades would be an understatement.<br />
Gold was discovered in the area by pastoralists in<br />
1868. Alluvial deposits uncovered near the present<br />
site of Ravenswood sparked a rush of prospectors<br />
and fossickers a year later. Keen to get in on the act,<br />
the government even graced the town with an ore<br />
crushing mill in 1870.<br />
But by 1872, with all the easy pickings extracted,<br />
most mining interests left town having been lured by<br />
more lucrative prospects in Charters Towers. A few<br />
persistent diggers stayed on and were buoyed briefly<br />
by the additional discovery of silver which prompted