Agnew Gold Mine

Agnew Gold Mine
Agnew
Location in Australia
Location Agnew
State Western Australia
Country Australia
Owner
Company Gold Fields Limited
Website Goldfields website
Year of acquisition November 2001
JSE GFI
Production
Financial year 2008-09
Ounces of Gold 192,100

The Agnew Gold Mine is a gold mine located 3 km (1.9 mi) west of Agnew, 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 St Ives Gold Mine.

Ore is mined at Agnew in the under ground Waroonga complex and the open pit Songvang operation.[2]

Contents

History

Western Mining - WMC, discovered the Agnew gold deposit in the early 1980s.[3] A second gold mine in the area, the Lawlers Gold Mine, is operated by Barrick Gold.

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 $52 million in Gold Fields shares.

Agnew, as of 2009, employees 114 permanent staff and 298 contractors.[2]

Production

Annual production of the mine:

Year Production Grade Cost per ounce
2000 [4] 209,598 ounces 6.27 g/t
2001 [4] 185,400 ounces 6.08 g/t
Jan to June 2002 [4] 66,200 ounces 3.56 g/t A$436
2002-03 [6] 144,000 ounces 3.5 g/t A$437
2003-04 [6] 202,000 ounces 5.3 g/t A$317
2004-05 [6] 212,500 ounces 5.6 g/t A$310
2005-06 [2] 222,000 ounces 5.2 g/t A$355
2006-07 [2] 212,000 ounces 5.0 g/t A$377
2007-08 [2] 204,000 ounces 4.8 g/t A$496
2008-09 [7] 192,100 ounces 5.6 g/t A$541
2009-10

Sources

References

  1. ^ Agnew, Australia, Gold AME Mineral Economics website, retrieved 2009-08-09
  2. ^ a b c d e Review of International Operations - Agnew Gold Mine Goldfields website, retrieved 2009-08-09
  3. ^ Western Mining Corporation Ltd Guide to Australian Business Records , retrieved 2009-08-09
  4. ^ a b c d The Australian Mines Handbook: 2003-2004 Edition, page 65
  5. ^ News briefs Mining Engineering magazine, published 2001-11-01, retrieved 2009-08-09
  6. ^ a b c Annual Report 2005 Gold Fields website, retrieved 2009-08-10
  7. ^ Quarterly report June 2009 Goldfields website, retrieved 2009-08-10

External links