St Ives Gold Mine

St Ives
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 / -31.383; 121.800Coordinates: 31°23′S 121°48′E / 31.383°S 121.800°E / -31.383; 121.800
Production
Production 428,300
Financial year 2008-09
History
Closed 2020
Owner
Company Gold Fields Limited
Website Goldfields website
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

Gold mines in the Kalgoorlie region

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

References

  1. ↑ St Ives, Australia, Gold AME Group website, retrieved 2015-02-17
  2. 1 2 3 4 5 Review of International Operations - St Ives Gold Mine Goldfields website, retrieved 2009-08-13
  3. ↑ St Ives gold-mine Miningweekly.com, retrieved 2009-08-13
  4. 1 2 3 4 The Australian Mines Handbook: 2003-2004 Edition, page 124
  5. ↑ News briefs Mining Engineering magazine, published 2001-11-01, retrieved 2009-08-09
  6. 1 2 3 Annual Report 2005 Gold Fields website, retrieved 2009-08-13
  7. ↑ Quarterly report June 2009 Goldfields website, retrieved 2009-08-13
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