About us

Golden Grove

Western Australia, Australia
Ownership

100%

Status

Production

Mining Rate 2020

1.44 Mtpa

Commodities
C
Copper
G
Gold
S
Silver
Z
Zinc
L
Lead

Golden Grove mine in Western Australia, is a high-grade copper, zinc and precious metals mining operation which is positioned on the first quartile of the global copper cost curve.

The first mining discovery in the area now known as Golden Grove was the discovery of the Gossan Hill deposit in 1971 by an unincorporated joint venture between Aztec Mining and AMAX Mining Limited.

Mining operations commenced in 1989 with the development of the Scuddles underground mine, followed by the commencement of mining at the Gossan Hill underground mine in 1996 and the Gossan Hill open pit mine in 2012.

Asset Location

The Golden Grove mine is located in the mid-west region of Western Australia, approximately 450 km north-east of Perth and 250 km east of Geraldton. The nearest local population is the town of Yalgoo, approximately 50 km north of the mine.

Key Highlights

World-class VHMS geological system

located on the first quartile of the cost curve, benefiting from a diversified revenue stream

10+ year mine life

with significant mine-life extension potential at existing orebodies and highly prospective near-mine growth opportunities

Gossan Valley presents a third mining front opportunity

with the potential to underpin increased production rate of 2Mtpa

>$230m

invested since acquisition in 2017, with material Ore Reserves and Mineral Resources estimates growth, and modern infrastructure providing a platform for future growth

246% Ore Reserves growth (CY2016–CY2020)

History of mine life extensions with further near-term in-mine and regional upside

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