St Ives Gold Mine
| Location | |
|---|---|
  St Ives Gold Mine Location in Australia | |
| Location | Kambalda |
| State | Western Australia |
| Country | Australia |
| Coordinates | 31°23′S 121°48′E / 31.383°S 121.800°E |
| Production | |
| Production | 428,300 |
| Financial year | 2008-09 |
| History | |
| Closed | 2020 |
| Owner | |
| Company | Gold Fields Limited |
| Website | www |
| Year of acquisition | November 2001 |
The St Ives Gold Mine is a gold mine located 20 km south-east of Kambalda, Western Australia. It is owned by the South African mining company Gold Fields.[1]
It is one of two mines the company operates in Australia, the other being the Agnew Gold Mine.
Ore is mined at St Ives in three under ground and four open pit operations.[2]
History
St Ives is named after the prospector Pat Ives, who discovered what became the working of Ives Reward in 1919.[3]
The mine was purchased by Goldfields from WMC in late 2001.[4][5] The combined price for the two Australian operations Goldfields purchased, St Ives and Agnew, was US$180 million in cash and US$52 million in Gold Fields shares.
St Ives, as of 2009, employs 249 permanent staff and 926 contractors.[2]
Production
Annual production of the mine:
| Year | Production | Grade | Cost per ounce |
| 2000[4] | 408,155 ounces | 3.92 g/t | |
| 2001[4] | 455,183 ounces | 3.01 g/t | |
| 2002[4] | 542,200 ounces | 3.03 g/t | A$ 295 |
| 2002-03[6] | 513,000 ounces | 2.9 g/t | A$323 |
| 2003-04[6] | 543,000 ounces | 2.5 g/t | A$416 |
| 2004-05[6] | 527,000 ounces | 2.6 g/t | A$447 |
| 2005-06[2] | 496,000 ounces | 2.3 g/t | A$453 |
| 2006-07[2] | 487,000 ounces | 2.2 g/t | A$540 |
| 2007-08[2] | 418,000 ounces | 1.8 g/t | A$649 |
| 2008-09[7] | 428,300 ounces | 1.8 g/t | A$805 |
Sources
- The Australian Mines Handbook: 2003-2004 Edition, Louthean Media Pty Ltd, Editor: Ross Louthean
- Western Australian Mineral and Petroleum Statistics Digest 2008 Page 34: Principal Mineral and Petroleum Producers - Gold
References
- ^ St Ives, Australia, Gold AME Group website, retrieved 2015-02-17
- ^ a b c d e Review of International Operations - St Ives Gold Mine Goldfields website, retrieved 2009-08-13
- ^ St Ives gold-mine Miningweekly.com, retrieved 2009-08-13
- ^ a b c d The Australian Mines Handbook: 2003-2004 Edition, page 124
- ^ News briefs Mining Engineering magazine, published 2001-11-01, retrieved 2009-08-09
- ^ a b c Annual Report 2005 Gold Fields website, retrieved 2009-08-13
- ^ Quarterly report June 2009 Goldfields website, retrieved 2009-08-13
External links
- Goldfields website
- Place Names Search Results - St Ives Geoscience Australia website
- Gold Fields Ltd. - detailed company history at FundingUniverse
- List of Gold Mines - AME Group