From Wikipedia, the free encyclopedia. The Boddington Gold Mine is a gold and copper mine located 17 km northwest of Boddington, Western Australia. Officially reopened on 3 February 2010, the mine has now become Australia's largest gold mine, eclipsing the Super Pit with an expected production of ~750,000oz in 2015.he mine is estimated to have a 20-year life and will produce more than 1,000,000 ounces of gold per year. The official opening of the mine was on 3 February 2010, conducted by Western Australian Premier Colin Barnett.
Notional Value. Loading the player... What is 'Notional Value'. Notional value is the total value of a leveraged position's assets. This term is commonly used in the options, futures and currency markets which employ the use of leverage, wherein a small amount of invested money can control a large position in the markets.
Cost variance (CV) is the amount of money that was actually spent on a project or a part of a project compared to the amount of work that was actually accomplished.Cost variance is the budgeted cost of work performed minus the actual cost of work performed.Tell me more â¦.In the earned value reporting system for projects, we are concerned with knowing how our project is doing with respect to the amount of money being spent and the accomplishments being achieved.he cost variance is an important figure to the project manager and the other managers of the company because it is an indicator of how well the project is doing in terms of spending its budget.