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Mount Morgan Mining Company

Mount Morgan Mine
The Mine Stack in 2010.jpg
Mount Morgan Mine Stack, 2010
Location
Mount Morgan Mine is located in Australia
Mount Morgan Mine
Mount Morgan Mine
Location in Australia
Location Mount Morgan
State Queensland
Country Australia
Coordinates 23°38′28″S 150°22′31″E / 23.64111°S 150.37528°E / -23.64111; 150.37528Coordinates: 23°38′28″S 150°22′31″E / 23.64111°S 150.37528°E / -23.64111; 150.37528
Production
Products Copper
Gold
Silver
Production Copper: 387,000 tonnes
Gold: 262 tonnes
Silver: 37 tonnes
Financial year 1882 - 1981
History
Opened 1882
Closed 1981
Owner
Company Norton Gold Fields
Year of acquisition 2007
External image
Water in the old Mount Morgan gold mine is being treated

Mount Morgan Mine was a copper, gold and silver mine in Queensland, Australia. Mining began at Mount Morgan in 1882 and continued until 1981. Over its lifespan, the mine yielded approximately 262 tonnes of gold, 37 tonnes of silver and 387,000 tonnes of copper. The mine was once the largest gold mine in the world.

The Mount Morgan Mine also operated assay laboratories, brickworks, foundry, power house and workshops (including carpentry, electrical and plumbing) as part of its operations. The Mount Morgan Mine also contained Fireclay Caverns excavated to provide clay for the mine brickworks.

Wealth from the Mount Morgan mine funded Persian oil exploration, establishing the Anglo-Persian Oil Company, which became BP in 1954. Wealth from the Mount Morgan mine was also bequeathed in 1912 to establish the Walter and Eliza Hall Institute of Medical Research.

The area near the mine contains sedimentary and igneous rocks. The gold was rated 0.998 fine.

In 1882, a syndicate was created to open a gold mine at Ironstone Mountain, 39 km south of Rockhampton, Queensland. The syndicate comprised William Knox Darcy (later influential in establishing the Anglo Persian Oil Company), Walter Russell Hall (later influential in establishing the Walter and Eliza Hall Institute of Medical Research), Thomas Skarratt Hall, and Thomas, Frederick and Edwin Morgan. Ironstone Mountain was later renamed Mount Morgan after the Morgan members of the syndicate.

In October 1886, the syndicate became the Mount Morgan Gold Mining Company Limited, with James Wesley Hall, the younger brother of Walter Russell and Thomas Skarratt Hall, as the first general manager. The Mount Morgan Gold Mining Company Limited operated using underground mining methods until 1927 when fire destroyed underground workings. The company deliberately flooded its underground workings in response to the fire and went into liquidation.


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