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The Marvel Loch Gold Mine is a gold mine located at Marvel Loch, 30 km south of Southern Cross, Western Australia.
It is operated by St Barbara Limited. Apart from Marvel Loch, St Barbara also operates the Gwalia Gold Mine at Leonora.
Both mines were previously owned by the now defunct mining company Sons of Gwalia Limited. Sons of Gwalia went into administration on 30 August 2004 and the company's gold mining operations were sold to St Barbara in March 2005 for Aus $ 38 Million, having been valued by the Sons of Gwalia directors at Aus $ 120 Million. While Marvel Loch was operational before and after the sale, the Gwalia mine was already placed in care & maintenance at the time of the transaction. A third mine, the Carosue
Dam Gold Mine, ceased operation in June
2005 and has since been sold by St
Barbara. Source:
Wikipedia: The Marvel Loch Gold Mine.
