Macraes Operation

Our Macraes Operation on the South Island of New Zealand is the country’s largest active gold producing mine, having produced over five million ounces of gold since 1990. The Macraes Operation is committed to contributing to the local economy through employment, procurement, community investment and donations – with over 600 people employed between the Macraes Operation and the Dunedin Office.

The operation consists of a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its annualised gold production is split approximately 75% to open pit production and about 25% underground production.

Quick Facts
Type Underground and open pit
2023 production guidance 120,000 – 135,000 oz gold
Proven and probable reserves 1.07 Moz
Measured and indicated resources 2.24 Moz
Inferred Resources 0.7 Moz
Estimated mine life ~6 years

For more information visit the Macraes Operation website

Find out more about the history of mining in the Macraes region

Find out more about careers in mining at the Macraes Operation