Newspaper - Kangaroo Flat Gold Mine Collection: Bendigo N.L. Mine Closure, Bendigo Advertiser, 9.1. 2007, 10.1.2007

Historical information

Production at the Bendigo Mining N.L. Kangaroo Flat mine site was planned to shut down over a period of six months, during which time 150 jobs were expected to be lost. Almost 60 per cent was wiped off the Company's value on January 9th 2007 trading.

Physical description

Two newspaper articles:
1. 'Bendigo hopes buried', one page article. Image of mining equipment underground in stope. Text underneath image: Poor ore grades from Bendigo's operations, have forced it to concede that its interpretation of historic mining data has been 'optimistic'. Bendigo Advertiser article 9.1.2007
2. On front of page 'Community Upbeat' and 'Many more challenges to overcome' on one page. Cr. Julie Rivendell comments on closure. Bendigo Advertiser article 10.1.2007. On back of page: Investor's worst fears realised'.

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