Boddington Corp is London’s and Singapore’s only Main gold company and has established itself in the global gold mining industry. Primary concessions are in worldwide and collectively hold 5.5 million ounces of gold resources; Future expansion will be achieved through further acquisitions and organic growth.
Concessions operation Boddington Corp., are in US, Boddington is the investor of Waterton Global Resource Management (Waterton is a leading mining-focused private equity firm dedicated to developing high quality precious and base metals projects located in stable jurisdictions ), subsidiaries of Waterton Precious Metals Fund II Cayman, LP. they have purchased of Barrick Gold Corporation’s 100 percent of the Ruby Hill.
Welcome to The Ruby Hill mine, Operation Nevada US
Open Pit Gold Mine
The Ruby Hill mine is an open-pit, heap leach gold mine located on the Battle Mountain / Eureka gold trend. Since 2006, prior to commencing the permitting of the next phases of mining, the Ruby Hill mine produced over 1.4 Moz of gold. The mine offers additional gold and base metal potential.
The Ruby Hill mine is located on the Battle Mountain/Eureka gold trend, less than one kilometer from the town of Eureka and 193 kilometers south of the Goldstrike Property. Ruby Hill is an open-pit, heap leach operation and a past producing mine, which re-entered production on time and in line with budget in early 2007. In 2008, Ruby Hill produced 98,000 ounces of gold at total cash costs of $373 per ounce. Proven and probable mineral reserves as of December 31, 2008 are estimated at 831,000 ounces of gold.
The Ruby Hill Mine is an open-pit gold mine located approximately 1 mile northwest of Eureka, Nevada, and is operated by Homestake Mining Company. Construction of the mine began in early 1997, and commercial production began January 1, 1998. Since its inception, the Ruby Hill Mine has exhibited outstanding innovation in its design, mitigation, and reclamation. For these reasons, the mine was awarded the 1999 Nevada Excellence in Mining Reclamation Award. Cooperative agency partnerships formed early in the project design phase resulted in streamlined and efficient permitting for the project. Ruby Hill has employed concurrent reclamation practices since initial exploration. In less than two years, over 130 acres of final and nearly 80 acres of interim reclamation have been completed.
The Mine has also employed several mitigation measures to offset potential impacts to local wildlife. Most notable of these is the construction of six artificial nesting structures for ferrunginous hawks and the installation of steel bat gates in two nearby abandoned mine shafts. The hawk artificial nesting structures represent the first attempted in Nevada. The resulting success has been excellent, yielding an average of 2.5 young per nest. These birds are managed by the U.S. Bureau of Land Management (BLM) as a sensitive species, and the success of the Ruby Hill program suggests that artificial nests can be successfully utilized to decrease disturbance impacts and may even enhance or increase species production.
Homestake Mining Company’s Ruby Hill Mine was designed to serve as an example to the modem gold mining industry. An innovative technical approach allows for gold to be recovered economically while still protecting the environment. This, coupled with an active local citizens advisory group, effective concurrent reclamation, wildlife and cultural enhancement measures, and a dedicated mine workforce, combine to make the Ruby Hill Mine a leader in mining reclamation and innovation.