Macraes Mine in East Otago is New Zealand's largest gold mine, [1] and consists of a large scale opencast mine [2] opened in 1990, and a newer underground mine, opened in 2008. [3] It is situated close to the settlement of Macraes Flat and is owned by OceanaGold Corporation.
Gold production averaged 193,000 Troy ounces/year for 2008 through 2010. Ore grades have been declining, to 1.26 grams/tonne in 2010, but recoveries have improved slightly to 81% of the gold contained in the ore, in 2010. From 1990 through 2014, gold production totaled about 4 million ounces. [4] The mine's 5 millionth ounce was poured in July 2019. [5] The company claims a gold reserve of 1.53 MM troy oz Au plus a larger subeconomic gold resource; and expects the mine to operate at least through 2021. [3] [6] As of July 2019, over 5 million ounces of gold have been extracted.
The gold bearing rocks were formed by the orogenic processes that created the Otago Schist belt. [7]
The Otago Gold Rush was a gold rush that occurred during the 1860s in Central Otago, New Zealand. This was the country's biggest gold strike, and led to a rapid influx of foreign miners to the area – many of them veterans of other hunts for the precious metal in California and Victoria, Australia.
OceanaGold Corporation (OceanaGold) is a multinational, mid-tier gold mining company with significant global operating, development and exploration experience.
In the United States, gold mining has taken place continually since the discovery of gold at the Reed farm in North Carolina in 1799. The first documented occurrence of gold was in Virginia in 1782. Some minor gold production took place in North Carolina as early as 1793, but created no excitement. The discovery on the Reed farm in 1799 which was identified as gold in 1802 and subsequently mined marked the first commercial production.
Silver mining in the United States began on a major scale with the discovery of the Comstock Lode in Nevada in 1858. The industry suffered greatly from the demonetization of silver in 1873 by the Coinage Act of 1873, known pejoratively as the "Crime of 73", but silver mining continues today.
Gold mining in Colorado, a state of the United States, has been an industry since 1858. It also played a key role in the establishment of the state of Colorado.
Silver mining in Colorado has taken place since the 1860s. In the past, Colorado called itself the Silver State.
Silver mining in Nevada, a state of the United States, began in 1858 with the discovery of the Comstock Lode, the first major silver-mining district in the United States. Nevada calls itself the "Silver State." Nevada is the nation's second-largest producer of silver, after Alaska. In 2014 Nevada produced 10.93 million troy ounces of silver, of which 6.74 million ounces were as a byproduct of the mining of gold. The largest byproducers were the Hycroft Mine, the Phoenix Mine, the Midas Mine and Round Mountain.
Gold mining in Alaska, a state of the United States, has been a major industry and impetus for exploration and settlement since a few years after the United States acquired the territory in 1867 from the Russian Empire. Russian explorers discovered placer gold in the Kenai River in 1848, but no gold was produced. Gold mining started in 1870 from placers southeast of Juneau, Alaska.
Gold mining in Nevada, a state of the United States, is a major industry, and one of the largest sources of gold in the world. In 2018 Nevada produced 5,581,160 troy ounces, representing 78% of US gold and 5.0% of the world's production. Total gold production recorded from Nevada from 1835 to 2017 totals 205,931,000 troy ounces (6,405.2 t), worth US$322.6 billion at 2020 values. Much of Nevada's gold production comes from large open pit mining using heap leaching recovery.
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports. Gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of bauxite, manganese and diamonds. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese; over 300 registered small scale mining groups; and 90 mine support service companies.Other mineral commodities produced in the country are natural gas, petroleum, salt, and silver.
The Admiralty mining district is a mining area in the U.S. state of Alaska which consists of Admiralty Island. Silver and base metals are mined, with gold recovered as a by-product.
Mining in New Zealand began when the Māori quarried rock such as argillite in times prior to European colonisation. Mining by Europeans began in the latter half of the 19th century.
The Martha Mine is a gold mine in the New Zealand town of Waihi. Since July 2015 it has been owned by Australian-based OceanaGold.
The Telfer Mine is a gold, copper and silver mine located at Telfer on the land of the Martu people, in the Great Sandy Desert of Western Australia. It is owned by Newcrest Mining, the largest gold producer listed on the Australian Securities Exchange.
The Boddington gold mine is a gold and copper mine located 13 km (8.1 mi) northwest of Boddington, Western Australia.
Goldstrike is a gold mine in Eureka County in north-eastern Nevada. It is located on the Carlin Trend, a prolific gold mining district. It is owned and operated by Barrick Gold. Since Barrick acquired Goldstrike in 1986, until 2018 it produced 44.4 million ounces of gold.
The Cripple Creek & Victor Gold Mine, formerly and historically the Cresson Mine, is an active gold mine located near the town of Victor, in the Cripple Creek mining district in the US state of Colorado. The richest gold mine in Colorado history, it is the only remaining significant producer of gold in the state, and produced 322,000 troy ounces of gold in 2019, and reported 3.45 million troy ounces of Proven and Probable Reserves as at December 31, 2019. It was owned and operated by AngloGold Ashanti through its subsidiary, the Cripple Creek & Victor Gold Mining Company (CC&V), until 2015, when it sold the mine to Newmont Mining Corporation.
The Robinson Mine is a porphyry copper deposit located at Ruth, White Pine County, Nevada, in the Egan Range, 4 miles (6.4 km) west of Ely. The mine comprises three large open pits: Liberty, Tripp-Veteran and Ruth. The ore is extracted using conventional surface methods, and is then processed into a copper-gold concentrate, and a molybdenum concentrate in a concentrating plant. Since 2012 the mine has been owned and operated by Polish copper miner KGHM Polska Miedź
The Pogo mine is a gold mine in the state of Alaska. By 31 December 2017 Pogo had produced 3.6 million ounces of gold at a grade of 13.6 g/t. Annual production for 2020 was 205,878 ounces. At 31 December 2019 the mine had Proven and Probable Reserves of 1.5 million ounces of gold at a grade of 7.5 g/t (JORC). It is located 30 miles (48 km) northeast of Delta Junction and 90 miles (145 km) east of Fairbanks. Northern Star Resources Ltd announced in May 2020 that it had entered into an agreement with the Japan based Sumitomo Metal Mining Co and Sumitomo Corp to acquire the Pogo Gold mine.
Media related to Macraes Mine at Wikimedia Commons
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