Golden Grove

Golden Grove is an underground and open pit base and precious metals mine located in Western Australia’s Mid West.

It is located approximately 450 kilometres north-east of Perth and 280 kilometres east of Geraldton.

Golden Grove comprises the Scuddles and Gossan Hill mines and surface processing operations.

Golden Grove commenced open pit operations above Gossan Hill in January 2012. Over its life, the copper open pit will produce approximately 235,000 tonnes of copper concentrate containing 59,600 tonnes of copper metal in concentrate at 25% copper.

Golden Grove produces concentrates of zinc, copper and high precious metals (HPM)  which are exported to smelters in China, Korea, Japan, India and Thailand, via the Port of Geraldton.

Zinc is mainly used for galvanising steel against corrosion, while copper is mainly used for electrical wiring and appliances. Lead is mainly used for production of batteries.

  • Facts
    Location  Approximately 450 kilometres north-east of Perth and 280 kilometres east of Geraldton in Western Australia.
    Product Zinc concentrate, copper concentrate, precious metal concentrate
    Mining method Underground, sublevel open stoping
    Processing method Conventional grinding and flotation.
    Commenced operation 1990
    Current mine life Approximately 2019.
    Resources
    as at 30 June 2011    		 1.2 million tonnes zinc
    0.9 million tonnes copper
    0.1 million tonnes lead
    0.9 million ounces gold
    42.1 million ounces silver
    Reserves
    as at 30 June 2011    		 0.1 million tonnes zinc
    0.2 million tonnes copper
    0.0 million tonnes lead
    0.1 million ounces gold
    5.2 million ounces silver
    Employment
    full-time equivalent as at 31 December 2011    		 474 employees and 269 contractors.
    Product sales Concentrates are exported through the nearby Port of Geraldton to smelters in China, Japan, India, Thailand and Australia.
  • Financial & Production Figures

    Golden Grove financial data

    US$ million 2011 2010
    Revenue
    		 388.5 391.3
    EBITDA 101.6 192.4
    Depriciation and amortisation (48.3) (36.8)
    Operation profit / (loss) (EBIT) 53.3 155.6
    Net finance costs (7.2) (7.9)
    Segment result 46.1 147.7

    Golden Grove operating data


    		 2011 2010
    Ore mined (t)
    		 1,705,622
    		 1,354,026
    Ore milled (t)
    		 1,566,511
    		 1,597,026
    Contained metal production

    Zinc concentrate (t)
    		 70,687
    		 73,264
    Copper concentrate (t)
    		 21,661
    		 33,525
    HPM concentrate (t)
    		 7,482
    		 7,746

    2011 actual C1 costs

    Zinc US$0.19/lb
    Copper US$2.97/lb

    2012 production guidance

    Zinc in zinc concentrate (t)
    		 33,000–37,000
    Copper in concentrate (t)
    		 29,000–32,000

    2012 cost guidance

    Zinc
    		 US$0.15–US$0.20/lb
    Copper
    		 US$2.85–US$3.00/lb

    Information about Golden Grove’s quarterly production is available on the Quarterly Reports page.

  • Contact Details

    Golden Grove mine

    PMB 7
    Geraldton Western Australia 6531
    Australia
    T: +61 8 9956 4222
    F: +61 8 9961 3860

    The Golden Grove mine operates 24 hours a day, 7 days a week, 365 days of the year.

    The site office administration hours are 6am - 6pm, 7 days a week.

    Golden Grove is a closed site and does not provide tours.

    Geraldton Office

    Golden Grove has a presence in Geraldton through its Port Operations, Community Relations and Bayalgu Pre-employment Training Office.

    399 Marine Terrace
    Geraldton WA 6530

    Its office hours are 9am - 5pm, Monday to Friday.

    T +61 8 9956 4130 or +61 8 9956 4132
    F +61 8 9956 4140

    Contacts

    Clint Henderson
    Bayalgu Pre-employment Training

    Daren Higgins
    Port Operations Superintendent

    Pierre Malan
    General Manager

    Contact us form

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