Overview -

Keywords   Australia   gold   open pit

Kalgoorlie Consolidated Gold Mines (KCGM) consists primarily of the super pit open-pit mine. It is a quarter of a mile from the towns of Kalgoorlie and Boulder, Western Australia, 550 kilometers east of Perth.

Kalgoorlie is the largest gold mine in Australia. It has produced more than 10 million ounces of gold since it began operating. The area has been mined continuously since 1893. The super pit incorporates more than a dozen open pit and underground mines.

The property consist of 58 mining leases and 104 prospecting licenses covering 23,000 hectares. The super pit is currently 290 metres deep by 1.5 kilometres wide by 4 kilometres long. KCGM has proven reserves that should last beyond the year 2013.

Processing facilities consist of the Fimiston mill and flotation plant beside the mine and the Gidji roaster 16 kilometres to the north.

Kalgoorlie is the largest gold mine in Australia ...

Fimiston processes over 14 million tons of ore per year. Doré is produced on site and shipped for refinement into gold bullion.

Ownership Summary  Name: Barrick Gold Corporation    Interest: 50%    Note: public  Name: Newmont Mining Corp    Interest: 50%    Note: public Reference: 31 Mar 2006

KCGM is a joint venture company owned by Barrick and Newmont and operated by Barrick. In 2005, the operation had 530 employees and 1,000 contractors on site. The mine operates 24 hours a day, year round.