Macraes is New Zealand’s largest gold producing operation
Macraes Open Pit is Located 100 kilometres, north of Dunedin in the Otago region of the South Island of New Zealand. Macraes is New Zealand’s largest gold producing operation and has produced over 4 million ounces of gold to date. The Macraes Gold Project comprises of two mines; Macraes Open Pit, which has been operating since 1990 and Frasers Underground which was commissioned in 2008.
|Mine Type||Open Pit|
|Nominal Production||90 – 120 koz gold|
|Measured & Indicated Resources||3.15 Moz gold|
|Inferred Resources||1.5 Moz Gold|
|Estimated Mine Life||2017+|