St Ives Gold Mine


The St Ives Gold Mine is a gold mine located 20 km south-east of Kambalda, Western Australia. It is owned by the South African mining company Gold Fields.
It is one of two mines the company operates in Australia, the other being the Agnew Gold Mine.
Ore is mined at St Ives in three underground and four open-pit operations.

History

St Ives is named after the prospector Pat Ives, who discovered what became the working of Ives Reward in 1919.
The mine was purchased by Goldfields from WMC in late 2001. The combined price for the two Australian operations Goldfields purchased, St Ives and Agnew, was US$180 million in cash and US$52 million in Gold Fields shares.
St Ives, as of 2009, employs 249 permanent staff and 926 contractors.

Production

Annual production of the mine:
YearProductionGradeCost per ounce
2000408,155 ounces3.92 g/t
2001455,183 ounces3.01 g/t
2002542,200 ounces3.03 g/tA$ 295
2002-03513,000 ounces2.9 g/tA$323
2003-04543,000 ounces2.5 g/tA$416
2004-05527,000 ounces2.6 g/tA$447
2005-06496,000 ounces2.3 g/tA$453
2006-07487,000 ounces2.2 g/tA$540
2007-08418,000 ounces1.8 g/tA$649
2008-09428,300 ounces1.8 g/tA$805