Unity Mining Limited (ASX:UML) is an Australian gold explorer, developer and producer which owns and operates the Henty Gold Mine on the West Coast of Tasmania and is developing the Dargues Gold Mine in New South Wales. Unity is also involved in gold exploration in West Africa through its investment in GoldStone Resources Limited. Unity holds tenure over the Bendigo Goldfield in Victoria where it is engaged in realising the value of its Kangaroo Flat gold plant and Bendigo exploration tenements.
The Henty Gold Mine has produced about 1.3 million ounces of gold over a 16 year period. Unity Mining acquired Henty in July 2009. Recent exploration success has significantly extended the mine life, and continued exploration on the significant near mine tenement package remains a key focus.
The Dargues Gold Mine is located 60km south-east of Canberra in Majors Creek near Braidwood. Majors Creek is the largest historic goldfield in NSW, producing more than 1.25 million ounces.
Cashflow, no debt, no hedging, a robust balance sheet and growing production profile provide Unity with a strong platform for future growth opportunities.