Beaconsfield Gold is expected to announce today that it will assume full control of its troubled Tasmanian mine from bankrupt joint-venture partner Allstate Explorations by acquiring $47 million in debt from Macquarie Bank.

Beaconsfield's offer to pay $2.95 million for the debt - which Macquarie has pledged to the mine's workers who suffered after the rockfall on Anzac Day last year and the family of Larry Knight, who died - was accepted by workers, including survivors Brant Webb and Todd Russell, last week.