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.
|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|