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Victorian gold mine closes with jobs lost

AAP logoAAP 13/12/2016 Liza Kappelle

Up to 150 jobs will be made redundant at Victoria's largest gold mine where underground mining is ceasing due to declining profitability.

Kirkland Lake Gold is putting the Stawell Gold Mine into care and maintenance mode due to dwindling production at the operations, which are a popular stop for tourists in the Grampians.

Stawell was founded during Victoria's gold rush with alluvial gold found in the area in 1853.

Troy Cole, general manager of Stawell Gold Mines, says their operations began in 1981 but have been transitioning with declining production since 2012.

He says about 15-20 workers will stay on but about 140-150 jobs will become redundant depending on opportunities at other operations.

Those staying on will explore for more gold and keep the mine in a state of operational readiness to possibly resume mining.

Victorian Treasurer Tim Pallas says the community requires the government's support and continuing assistance and a working party had been established some time ago.

"The employment minister and the regional development minister have been working in the Stall, Ararat area around what we can do in terms of jobs," he told reporters.

He said that the establishment of an underground particle laboratory researching dark matter deep in the gold mine was key part of that contribution.

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