GOLD mining in Gympie town has already been consigned to history – and even some of its last remaining symbols are now starting to disappear.
This poppet head, until quite recently a major part of the lift system for Gympie’s mining enterprise, appears now to be in the process of being dismantled.
And while there may still be undiscovered gold in the hills around Gympie, particularly to the north and west, the historic ore bodies which brought incalculable wealth to Queensland for many years, are now officially exhausted.
The owner of Gympie’s gold mining operations, Buka Gold, has already declared the mine finished and in February was dismantling the Monkland Mine. Buka Gold executive director Mark Gwynne said the mine was no longer feasible because of the “discontinuity of the ore body.”
Once all the larger equipment has been dismantled, Buka will begin rehabilitation of the site and will eventually sell off its freehold land, which industry experts say should bring $2-3 million.
Mr Gwynne told The Gympie Times the end of Gympie’s gold mining era was “very sad.”
“But all good things come to an end,” he said.
Buka also recently sold 80 per cent of its other big interest in the region, in the North Maryborough Project, which includes prospects at Mr Scotchy, near Gunalda and Woolooga, north of Gympie.