The Waihi mine is located in the Waihi township situated near the east coast of the North Island, within ninety minutes’ drive southeast of Auckland. The site consists of the Martha Open Pit and associated underground mines. The Correnso Underground mine is the current active operation at the site producing approximately 100,000 ounces of gold each year.
OceanaGold acquired the Waihi operation from Newmont Mining Corporation in October 2015.
|Mine Type||Open Pit & Underground|
|Nominal Production||100 – 130 koz gold|
|Reserves||0.31 koz gold, 1.17koz silver|
|Measured & Indicated Resources||0.31 koz gold, 1.17koz silver|
|Estimated Mine Life||2018+|