The Haile Gold Mine is located in Lancaster County in the US state of South Carolina, approximately 58 miles northeast of Columbia, the capital of South Carolina. Located within the prodigious Carolina terrane, which extends from Georgia to Virginia, the Slate Belt has been the host to world-class gold deposits across five states. The Haile Gold Mine is located between two former gold mines – the Ridgeway Mine and the Brewer Mine – and the Carolina terrane was the location of the first gold rush in the early 1800s, predating the California gold rush in the mid-1800s. The area was mined by senior gold producers into the 1980s, and continues to be explored today. Significant potential still exists in the region and is demonstrated by the recent exploration successes at the Haile Gold Mine since 2007.
The discovery of a new zone (Horseshoe) in early 2010 and two further zones (Mustang and Palomino) in 2010 and 2011 confirms the significant underground potential at Haile.
Construction at Haile is complete and by the end of 2016, commissioning activities and the transition to operations had commenced. Haile is expected to achieve commercial production in early 2017.
|Status||currently in construction|
|Commercial production expected||early 2017|
|Initial Capex||$380 million|
|Sustaining Capex LOM||$139 million|
|Measured & Indicated Resources||4,039 koz|
|Estimated Mine Life||2030+|