Peak Gold Mines – Page 3 – The Cobar Weekly

Roadside rubbish reduced

June 14, 2018 tcwadmin

Massive cost reductions key to Peak’s long term future

April 26, 2018 tcwadmin

Approximately 40 staff lost their jobs at Peak Gold Mines last week as part of the mine’s new owner Aurelia Metals Ltd’s plan to cut costs to extend the life of the mine. Aurelia’s managing director and CEO Jim Simpson told The Cobar Weekly that while redundancies are never good, […]

New GM for Peak as sale completed

April 17, 2018 tcwadmin

David Pelchen will take over as the general manager of Peak Gold Mines from next month. The announcement was made yesterday as Aurelia Metals Ltd officially took ownership of the mine. Mr Pelchen is a mining engineer with extensive operational experience in underground operations in Australia, New Zealand, China and […]

Students encouraged to take a stand against bullying

March 21, 2018 tcwadmin

Cobar schools and community members banded together on Friday to send a clear message that bullying is not okay. The event at Ward Oval on Friday morning was organised by the Cobar Mental Health Network Group in support of the 8th National Day of Action against bullying and violence with […]

Aurelia raises the funds for Peak mine purchase

January 24, 2018 tcwadmin

Aurelia Metals Limited has received an “overwhelmingly positive response” to its capital raising activities to fund the purchase of Peak Gold Mines. The company, which owns Nymagee’s Hera Mine, announced the acquisition of New Gold’s Peak Gold Mines in November last year. Since then Aurelia’s institutional and major shareholder placements […]

Cobar’s air service grounded again

December 20, 2017 tcwadmin

Mine workers and medical staff are expected to be the most affected by an announcement last week that Cobar’s passenger air service is set to cease at the end of the month. Jessica Makarewitsch from the Regional Express (Rex) Corporate Communications Team confirmed on Thursday that Air Link, a wholly-owned subsidiary […]

Aurelia to buy Peak for $58M

November 22, 2017 tcwadmin

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 […]

Peak wants Cobar residents to be on the lookout for kultarrs

September 13, 2017 tcwadmin

Have you ever seen a kultarr? If so, Peak Gold Mines (PGM) wants to know about it. The mine’s environmental staff have been working for many years to help save the native endangered marsupial in the Cobar region. Peak’s senior environmental advisor Sophie Bereyne told The Cobar Weekly they work […]

Peak clarifies dewatering process after resident concerns

August 30, 2017 tcwadmin

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 […]

Funds to help develop CHS indigenous culture program

August 16, 2017 tcwadmin

Cobar High School aims to promote Aboriginal culture within the school and recent donations made by Peak Gold Mine, CSA Mine and the Cobar Local Aboriginal Land Council will help to bring their ideas to fruition. The school’s Aboriginal coordinator Paige Jermyn said the Aboriginal Education Team has a number of […]