The Macraes Mining Company Limited was listed on the New Zealand and Australian stock exchanges in January 1990, and the proceeds of the float were used to purchase a 70 per cent interest in the Macraes Gold Project, previously owned by BHP Gold Mines (NZ) Limited. Macraes Mining has had a 30 per centinterest in the project since May 1984, …
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WebMacraes gold mine. The Macraes gold deposit is the largest active gold mine in New Zealand. The mine has produced more than 1.8 million ounces of gold at an average …
The world-class Macraes orogenic gold deposit (∼10 Moz resource) formed during the late metamorphic uplift of a metasedimentary schist belt in southern New Zealand. Mineralising fluids, metals and metalloids were derived from within the metasedimentary host. Helium and argon extracted from fluid inclusions in sulphide …
ABOUT MACRAES. Macraes is rich in history, both farming and mining. Many remnants of which are still visible throughout the area with lots to learn and experience. Macraes is home to a unique combination of geological formations and flora and fauna that make it an amazing place to explore. >
Frasers pit. This large opencast mine at Macraes Flat in Central Otago began operating in 1989. In 2005 it was the only hard-rock gold mine functioning in the South Island. At Macraes, mining occurs in five pits of different depth and size spread over a large area. Most of New Zealand's gold production in the 1990s and 2000s has come from ...
Ongoing exploration. Along the Hyde-Macraes Shear Zone (HMSZ), the host structure to over 5 million ounces of orogenic-style gold mined to date at Macraes (as of March 1, …
The mining licence for the Macraes gold mine places emphasis on the progressive rehabilitation of the land to a state compatible with the landscape and environment that existed prior to mining activities taking place. The shallow soils and hostility of the environment dictate that choices of plant species should focus on persistence rather than …
Since its inception in 1990, Macraes Gold Mine has produced approximately five million ounces of gold and it currently has a Measured and Indicated Resource of 3.32 Moz of gold and Inferred ...
Key highlights. Macraes life of mine (LOM) extended to 2028. Before-tax net present value (NPV) (5% discount rate) of approximately US$430 million. After-tax NPV5% of approximately US$325 million. Frasers Underground extended to 2022; Golden Point Underground first production expected in 2021. Initial Golden Point proven and probable …
The Macraes Operation (or Macraes or Macraes Mine) includes operating open pit gold mines. Mining at Macraes has come from thirteen pits comprising (from north to south), Coronation North, Coronation, Deepdell North, Deepdell South, Golden Point, Northwest Pit, Round Hill, Southern Pit, Innes Mills, Innes Mills West, Frasers, Golden Ridge and …
OceanaGold operates the Macraes mine, near Dunedin – New Zealand's largest active gold-producing mine and a poster child for the industry.. Exploration began at the site about 1984 and mining ...
With a long history of gold extraction, Macraes is widely known as a mining town - and for the past 31 years, the modern Macraes Operation has been the country's largest active gold mine ...
Macraes Operation preserves gold mining history. Sustainability. 9 December 2022. The Biggest Catch. Sustainability. 1 December 2022. Our vision for a golden future. Operations. 16 November 2022. A regional treasure – Macraes, a modern mine with an eye to the future. People and Careers.
OceanaGold's new general manager at Macraes is already focused on the challenges ahead to produce a further 1.1 million ounces of gold during the next eight years. Mike Fischer, who started in the Macraes GM role in late-September, tells Inside Resources he's focused on strategic business development outcomes, safety and risk management ...
This lucrative goldmine still produces about 170,000 ounces of gold annually! Check out the on site viewing platform and information hut which allows people to look out and over the Frasers Open Pit. For more information visit the Macraes Website https://macraes.nz/. Take a break at the Stanleys Hotel in Macraes Flat while you are there.
Алтны уурхайн флотацийн үйлдвэрлэлийн шугам Алтны хүдэр боловсруулах CIL технолонги (нүүрсэнд шингээх арга) Алтны уурхайн CIP технологи (Нүүрстэй зутангийн арга)
Gold was first discovered in the Macraes Flat locale in 1862 when prospector, James Crombie, discovered alluvial gold in Deepdell Creek, setting a gold rush in motion. From shovel, pan and cradle, to sluice boxes, sluicing and stamping batteries, a variety of mining methods were used in the early days for both alluvial and hard rock mining.
The mine is situated 2km east of Macraes township in the Waitaki District of Otago New Zealand. OceanaGold president and CEO Michael Holmes said: "The receipt of consents for the three projects are a testament to our 30-year history of responsible mining and outstanding environmental stewardship in one of the greenest countries in the world.
The Macraes Operation includes the Coronation, Coronation North, Innes Mills, Deepdell and Frasers open pits, Frasers (FRUG) and Golden Point (GPUG) underground mines, …
Listed gold miner Oceana Gold has identified new gold resources at its Macraes gold mine which could add another one and a-half years to the life of the mine. $8 million even bigger digger Oceana Gold (New Zealand) Ltd will take delivery later this year of a massive 360-tonne mining excavator worth about $8 million.
Алтны уурхайн флотацийн үйлдвэрлэлийн шугам; Алтны хүдэр боловсруулах cil технолонги (нүүрсэнд шингээх арга) Нуруулдан уусгаж алт боловсруулах процесс
The P&P Reserves for Macraes stood at 1.30 Moz gold with 1.08 Moz in the open pits and 0.22 Moz of gold in the Frasers and Golden Point underground mines (Figure 7). Year-on-year drilling-related ...
1 RSC Mining and Mineral Exploration, 109 Princes Street, Wellington, New Zealand. m.vandeven@rscmme . ... This paper explores elemental variation in the Macraes Gold Mine, Otago, New Zealand ...
This is certainly true of industrial gold-mining, though here the scale, complexity and microscopic precision of extraction can be staggering. If my nugget-detecting was a needle-in-the-haystack kind of quest, at Macraes Flat, in coastal Otago, the gold-miners seem to pursue the traces and residues that such needles may have left behind.
The Mining Process. Gold at Macraes is known as 'refractory ore', which means it is ultra-fine and resistant to the typical cyanide leach process. The mining process at Macraes is circular and follows a cycle of exploration, mining, processing and rehabilitation and closure. With a 30-year history of development spanning fluctuating gold ...
1.0 Macraes Gold Project . The Macraes Gold Project (MGP) is located 91 km northwest of Dunedin, in the Otago Region of the South Island, New Zealand. The Macraes Gold Project is located 1 -2km to the east of the Macraes F lat township and is predominately surrounded by farmland. Modern open pit mining commenced in 1990 and underground mining ...
The story of gold mining at Macraes has a rich history back to 1862 when gold fever struck Deepdell Creek in New Zealand's South Island.The discovery of alluvial gold by local prospector James Crombie sparked a series of gold rushes which quickly led to the population of Macraes swelling to 600 in the 1870s.. The OceanaGold chapter in …
Where old meets modern farming and gold mining. Visit, Explore, Experience & Have a Gold Old Time. ... (Right) Macraes gold doré bars weigh on average 15 kilograms (460 ounces) and have a 95% purity. Each doré bar is worth around NZ$ 1 million. Since opening in 1989, the OceanaGold Macraes Operation has produced over 5 million ounces of gold.
Macraes Mine – Past. To be honest, it is often the history that attracts us to visit places. Gold was first discovered at Macraes Flat in 1862 setting a gold rush in motion. Alluvial gold deposits were found in …
Operations. Our operations are supported by a global workforce with significant exploration, development and operating experience. Didipio Mine Exploration and Investments Haile Gold Mine Waihi Operation Reefton Restoration Project Macraes Operation Junction Reef.
We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. Haile Gold Mine Macraes Operation
Exploration Results June 2017: Macraes, NZ. Macraes Coronation North Assays. Macraes Coronation North Collars. Macraes Coronation North Geology. Macraes Coronation North Surveys. Macraes Golden Point Assays. Macraes Golden Point Collars. Macraes Golden Point Geology. Macraes Golden Point Surveys.
Pieter Doelman, Open Pit Mine Manager at the Macraes Operation, said the electric shovel was a significant and worthy investment. "The Macraes Operation is updating one of its large mining excavators and rather than replacing it with another diesel operated machine, we're making the switch to an electric powered machine.
Introduction. Macraes Flat (Figure 1a,b) is a small upland basin that was the focus of historical placer gold mining in the 19th and early 20th centuries.The historical miners discovered nearby basement sources for the alluvial gold in the 1880s, and these discoveries led to sporadic mining of gold-bearing quartz veins (Williamson 1939; …
Macraes mine life extension past 2021 profitable at current gold price
A regional treasure – Macraes, a modern mine with an eye to the future; Macraes and Waihi Teams gain top places in the Sky Tower Challenge. Expanding our reach: Amplifying Didipio's community development projects; SEIS published: Haile welcomes start of new era; Reefton gold mine restoration returning results; Plugged in at …
Just down the road from the Macraes gold mine is the small settlement of Macraes Flat. During the gold rush in the 1860s, it was a busy mining town with around 25 businesses and a population of 500 people. Miners used shovels, pans, cradles, sluice boxes, sluicing and stamping batteries for both alluvial and hard rock mining.
In late October Macraes celebrated an important milestone – first production from the new Golden Point Underground, with five thousand tonnes of ore being moved …
Macraes Operation General Manager, Mike Fischer, said innovation like this was central to the mining approach at the Macraes Operation. "Macraes started mining in 1990 with a life of seven years. We recently surpassed 31 years of continuous mining, and in large part that's down to the quality of the team, their commitment to safety ...
