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Mine Exploration Forum

Author St.David's (Clogau) Gold Mine to re-open?
Vanoord

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St.David's (Clogau) Gold Mine to re-open?
Posted: 24/09/2008 18:22:40
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Story at this [web link]

Edited highlights:

THE UK’s largest gold mine is set to reopen to meet the rising demand for Welsh gold. Clogau Gold is negotiating with the Crown Commission to reopen the nine-mile-long St David’s mine, at Bontddu, in Snowdonia.

The 150-year-old mine closed in 1998 as the costs of staying within health and safety laws became too onerous. At the time, bosses at the North Wales jewellery firm were confident they had mined enough gold to keep them going for decades.

But since then, despite the challenging trading conditions brought on by the credit crunch, demand for the firm’s product has rapidly increased. Globally the price of gold reached a record $1,000 an ounce for the first time in March this year amidst growing fears about a recession.

At current levels of demand supplies are expected to run out in seven years. This has left managing director Ben Roberts, whose North Wales family has owned the mine since 1988, facing a stark choice.

To keep the business afloat he must choose between further diluting existing supplies or investing up to £700,000 in reopening the mine. He said: “We are in talks with the Crown Commission to discuss the possibility of opening the mine, but it’s very expensive.

“Ultimately we have to make a decision within a year. In 1998 when we closed, it was based on the costs of keeping up with health and safety laws, but we’d found quite a lot of gold that year. We felt we had enough for a few years, but now the subject has arisen again and we’re starting to re-evaluate that.”

He said it would take two to three years to meet the various health and safety requirements before St David’s could again become a working gold mine.

“The mine is notoriously difficult for finding gold. Before we bought the mine it was declared exhausted. But we employed a few of the ex-miners who said they knew where the gold was, and they were right.

“We’d probably be looking at mining it on a very small basis. We wouldn’t be talking about employing hundreds of miners.

“It would be a small team of five miners in the most productive areas our records can guide us to.”

Though some of the extensive warren of tunnels are flooded, most of the productive areas are above the base water level and mineable. The new operation would see a small team of miners concentrating on the most productive seams.


Wales’ last working gold mine Gwynfynydd in Dolgellau, Gwynedd, was discovered in 1860. It has produced 62kg of Welsh gold since 1884.

For a time the mine was open to the public and provided guided tours, which included the opportunity to pan for gold. The mine closed due to problems finding a sufficiently rich lode or seam and because changing pollution control legislation would have made the owners liable for the quality of discharge into the River Mawddach.

Although the underground part of the mine closed in 1999, there is still thought to be plenty of gold left in the Welsh hills. All it needs to make it profitable again is an investor prepared to take the risk as Clogau are on the point of doing at Bontddu.


EDIT: Perhaps I should have made clear that this is part of Clogau [web link], St.Davids at this [web link]

Pic of St.Davids adit:


(click image to open full size image in new window)

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IP: 81.139.116.24 Edited: 24/09/2008 18:47:41 by Vanoord
JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 24/09/2008 20:29:44
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That is interesting. However they were not the last people to work Clogau, it was operated by Cambrian Goldfields more recently.

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skippy

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St.David's (Clogau) Gold Mine to re-open?
Posted: 25/09/2008 22:38:32
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My memory is a bit vague on this, but Cambrian mining raised £7m on the london exchange to mine clogau, then disappeared off the face of the earth - the directors reappeared in Kalgoorlie, WA in the early to mid 80's - sure Rod Dale, geologist, was one of them - but I'm not sure this is the same Cambrian you're talking about here...
Excuse me if I'm wrong - its a while since I saw Rod...

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JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 25/09/2008 22:47:43
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The Cambrian Gold I am referring to is much later I would guess from circa 2000 to circa 2006.

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skippy

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St.David's (Clogau) Gold Mine to re-open?
Posted: 25/09/2008 22:51:25
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Must be different - and defunct as well - I googled Cambrian and all the links to welsh websites etc dont work... Just tracked Rod down - but he might not be the person I'm thinking of - he's working on Brazilian manganese at the moment..!

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JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 25/09/2008 22:55:28
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Thre used to be a Cambrian website but that ceased about 6 months ago.

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Manicminer

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St.David's (Clogau) Gold Mine to re-open?
Posted: 26/09/2008 19:34:34
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Bill Roberts was told to go away by the powers that be and I would be very surprised if they change their minds and let him back in.

It was Caernarvon something or other that raised the money in the 80's and the accountant ran off with most of it.

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Vanoord

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St.David's (Clogau) Gold Mine to re-open?
Posted: 26/09/2008 19:54:03
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The price of gold continues to rise.. as indeed does the cost of health and safety!

One day, I suspect sense may return to governance and we may stop wrapping everything in cotton wool and remember that the environment is as it is despite what we have done so far - and in many cases because of what we have done.

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Gwyn

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St.David's (Clogau) Gold Mine to re-open?
Posted: 26/09/2008 21:18:06
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I thought it was Environmental Protection Act, Public Health Act, Control of Pollution Act, Water Protection Act etc etc (and amendments) that was the issue, not the Health and Safety at Work Act.
If you think Health and Safety is expensive, try the alternative!
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JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 26/09/2008 21:21:20
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Wasn't that much more to do with Gwynfynydd than Clogau though?

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Digit

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St.David's (Clogau) Gold Mine to re-open?
Posted: 08/06/2010 15:44:11
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This topic is back in the news:-

[web link]

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Brakeman

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St.David's (Clogau) Gold Mine to re-open?
Posted: 08/06/2010 17:14:33
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I wonder if this has anything to do with the lower adit gate being taken off and a newer locked gate being fixed a short distance inside the adit, this was mentioned on ME just recently.

It does seem strange that the original mine company have applied for an extension to their original licence, which it states is being considered, yet the Crown are in talks with a third party with regards to a new licence, so how does that work, or do you have to bid for it??

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Morlock

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St.David's (Clogau) Gold Mine to re-open?
Posted: 01/01/2018 23:43:09
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Latest from the Telegraph, could be rehashed old news?

http://www.telegraph.co.uk/news/2018/01/01/welsh-gold-mine-behind-three-generations-royal-wedding-rings/
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RAMPAGE

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St.David's (Clogau) Gold Mine to re-open?
Posted: 02/01/2018 00:27:16
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Morlock wrote:

Latest from the Telegraph, could be rehashed old news?

http://www.telegraph.co.uk/news/2018/01/01/welsh-gold-mine-behind-three-generations-royal-wedding-rings/


Believe it when I see it.

I suppose checking the planning portal would reveal if permission to extract has been applied for and granted, because if it hasn't this news is just chip papers.



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St.David's (Clogau) Gold Mine to re-open?
Posted: 03/01/2018 00:58:37
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Let's face it. It's not going to happen. What will happen is a load of chancers trying for a few quid for a snake oil project, probably involving lots and lots and lots of diamond drilling and ore reserve statements
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Brakeman

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St.David's (Clogau) Gold Mine to re-open?
Posted: 03/01/2018 22:04:17
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Looks like a planning application has not yet been made.

https://www.sharesmagazine.co.uk/news/market/5766332/Acquisition-of-Interest-in-Gold-Mines-of-Wales

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JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 03/01/2018 23:19:22
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Didn't GMoW sell 49% of their shares to another company a 3 or 4 years ago? Is this the same 49% stake and it has been purchased from the other company? IP: 86.162.148.34
John Mason

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St.David's (Clogau) Gold Mine to re-open?
Posted: 04/01/2018 13:52:44
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Stellar Resources (STG) had the 49% in GMOW, from about 2011 onwards. Stellar changed name to Primorius Investments (PRIM) in late 2016 IIRC. PRIM seemed to be developing a more multi-sector portfolio. They then did the deal with Alba who now have the 49% in GMOW. Complicated business, business! IP: 86.170.20.194
JohnnearCfon

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St.David's (Clogau) Gold Mine to re-open?
Posted: 04/01/2018 14:11:48
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I think Douglas Adams summed it up rather nicely:-

“This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.”

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