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Isa dredge tye best way to mine gold2/12/2024 ![]() ![]() A stream will tell you where it’s been, where it’s going, and where it will go. Streams will tell you a story, if you let them. The main thing you need to know is where to dredge for gold. Dredging for gold takes a specific set of skills and know-how to produce a large yield. But, if it was that easy to find gold then we would all be millionaires. Land rehabilitation would continue after March, and depending on the weather, might not be finished until next summer.Beginning prospectors often have the misguided idea that they can just walk out in the stream and find gold. While the local farmer was not in need of an irrigation dam, Mr Becker said the 4ha lake could become a community asset. Mr Becker said the paddock-bound ''lake'' was an amalgamation of several former dredge pits, and was consented for. ''The operation will go flat out until the end, then turn to rehab,'' he said.Ī small ''lake'' has been left behind in a paddock near Freshford. When asked, Mr Becker said there had been no major technical difficulties to overcome during mining, which required several kilometres of sheet-piling and water pumping, before mining could start. That company was later prosecuted and ordered to pay $152,000 in reparations and fines. In November 2015 a worker operating earthmoving machinery at the mine was killed and his employer, a Reefton-based earthmoving company, later admitted failing to ensure the safety of an employee. In mid-2016 a gold production room, workshop and offices were destroyed in fire at the Freshford site, estimated at the time to have cost about $500,000. Noel Becker Waikaia Gold began in November 2013, as an $18million start-up, and within 22 months had gleaned its first tonne of gold from the farmland, at depths down to 16m-20m.Īt yesterday's gold price of $US1284 ($NZ1899) an ounce, the total 75,000 oz would have been worth $US96.3 million ($NZ142.4 million). ![]()
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