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Norton Gold Fields Limited is Australia’s fourth largest
ASX-listed Australian gold producer. It also has active gold,
copper, and coal exploration projects.
Norton recently made an all-share offer to acquire Bellamel
Mining Limited which, if accepted, will add 1.68 Moz of gold
to the Paddington Resources, and further extend the life of
the Paddington Mine. Bellamel also has the potential to develop
a 40-50,000 oz per year gold heap leach operation. Additionally,
the Bellamel properties are highly prospective for underground
development.
Further strategic acquisitions of new resource projects are
planned in order to build a major mining company.
The Company operates the Paddington Gold Mine near Kalgoorlie
in Western Australia and is planning to develop the Mount
Morgan Gold Project in Queensland. Paddington has a 4.8M oz
resource and a 3 Mtpa CIP plant capable of producing more
than 150,000 oz of gold per year. With the planned addition
of underground operations in FY2010, production is expected
to lift to 250,000 oz per year.
Norton plans to augment this with up to 50,000 oz of gold
annually from a tailings retreatment operation at Mount Morgan.
Our Vision and Strategy
Norton’s intends to become a significant mining company
and be increasingly recognised as a company people want to
work for, do business with and own through:
- Excellence in operations performance
- Clear credible strategy with excellent implementation
- Growth demonstrated in the past, planned for the future
- Strong balance sheet
- Board and management of high capability and highest credibility
- A fully informed market and commitment to the highest
standards of governance, health & safety, environmental
management and social responsibility.
Norton is succeeding and will continue to succeed, through
acquiring, developing and operating assets where it can liberate
superior value through excellence in everything it does. Wherever
we work, people will say … Norton is a company that
we would like to work for, do business with, and own.
Our values
Norton’s values are captured in the spirit of the above
vision and strategy and will be reflected in the decision-making
and behaviour of all of our employees in everything we do.
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