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Aurelia to buy Peak for $58M

Aurelia Metals Limited has announced it has entered into a binding agreement to purchase Cobar’s Peak Gold Mines. The company, which already owns and operates the Hera Mine near Nymagee, will acquire a 100 per cent interest in the Peak operation as part of a USD $58million transaction. Peak employees […]

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Peak clarifies dewatering process after resident concerns

Local resident John Stingemore has raised concerns that Peak Gold Mines (PGM) has been discharging mine water from their workings onto neighbouring Crown Land. PGM’s environment and social responsibility officer Sophie Bereyne has responded to assure Cobar residents the mine’s Spain’s Tank Dewatering Operation was operating within approved Development Consent […]

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New Gold looks to sell Peak

Peak Gold Mines is officially “on the market” after parent company New Gold announced last Thursday the mine was for sale. Staff were asked to attend a whole site meeting last Thursday morning where they were informed of the news, and New Gold included the news of the proposed sale […]

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Old mine workings could pose a danger to trespassers

Peak Gold Mines staff report they have recently seen an increase in individuals trespassing at the Great Cobar Mine. “This area has been fenced off to ensure the safety of the community and should not be used as a recreational area,” Peak’s environment and social responsibility supervisor Sophie Bereyne said. […]

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Peak talks about their future plans

Peak Gold Mines held the first of their quarterly community update meetings at the Cobar Bowling & Golf Club last Wednesday night. Peak’s acting general manager Michael Zannes welcomed the group of 20 interested members of the public along with a number of staff and their partners to last week’s […]