Heritage Minerals' plan to revive abandoned Mount Morgan gold mine | ABC News

An abandoned gold mine that was once one of the richest in the world could soon be revived, igniting hope from passionate locals who say their town is in desperate need of industry and opportunities.

A towering mine stack overlooks the now-quiet town of Mount Morgan as an effigy to the glory days.

In its heyday, the town’s gold mine spawned fortunes that founded BP and the Walter and Eliza Hall Institute of Medical Research. But since 1990 it has sat unused, contaminated with acid water, and has cost the taxpayer almost $2 million each year.

Four companies have tried and failed to revive the historic site over the years, including Carbine Resources in 2017.

“[It’s] beyond disheartening,” local business owner Kerrilyn Page said.
“My children are fifth generation, we’ve been here since they started digging gold out of the ground in 1882.

“It’s certainly played its role in Australian history, so it would be great to have that recognition and to see Mount Morgan shine in the way it should.”

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