The St Ives Gold Mine is a gold mine

Gold mining

Gold mining is the removal of gold from the ground. There are several techniques and processes by which gold may be extracted from the earth.-History:...

 located 20 km south-east of Kambalda

Kambalda, Western Australia

Kambalda is a small mining town about 60 kilometres from the mining city of Kalgoorlie in Western Australia, within the Goldfields. It is split into two townsites 4 kilometres apart, Kambalda East and Kambalda West; and is located on the western edge of a giant salt lake, Lake Lefroy...

, Western Australia

Western Australia

Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...

. It is owned by the South Africa

South Africa

The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

n mining company Gold Fields

Gold Fields

Gold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange ....

.

It is one of two mines the company operates in Australia, the other being the Agnew Gold Mine

Agnew Gold Mine

The Agnew Gold Mine is a gold mine located west of Agnew, 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 St Ives Gold Mine....

.

Ore is mined at St Ives in three under ground and four open pit

Open-pit mining

Open-pit mining or opencast mining refers to a method of extracting rock or minerals from the earth by their removal from an open pit or borrow....

 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

WMC Resources

WMC Resources Limited was an Australian diversified mining and fertilizer company formerly listed on the Australian Stock Exchange. WMC was an acronym for Western Mining Corporation. It was delisted on 29 June 2005 following a successful takeover by BHP Billiton...

 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:

Year	Production	Grade	Cost per ounce
2000	408,155 ounces	3.92 g/t
2001	455,183 ounces	3.01 g/t
2002	542,200 ounces	3.03 g/t	A$ Australian dollar The Australian dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu...  295
2002-03	513,000 ounces	2.9 g/t	A$ 323
2003-04	543,000 ounces	2.5 g/t	A$ 416
2004-05	527,000 ounces	2.6 g/t	A$ 447
2005-06	496,000 ounces	2.3 g/t	A$ 453
2006-07	487,000 ounces	2.2 g/t	A$ 540
2007-08	418,000 ounces	1.8 g/t	A$ 649
2008-09	428,300 ounces	1.8 g/t	A$ 805

Sources

• The Australian Mines Handbook: 2003-2004 Edition, Louthean Media Pty Ltd, Editor: Ross Louthean
• Western Australian Mineral and Petroleum Statistics Digest 2008 Page 34: Principal Mineral and Petroleum Producers - Gold

External links

• Goldfields website
• Place Names Search Results - St Ives Geoscience Australia
  Geoscience Australia
  Geoscience Australia is an agency of the Australian federal government. It carries out geoscientific research.On a user pays basis it produces geospatial products such as topographic maps and satellite imagery.-History:...
  
  website
• Gold Fields Ltd. - detailed company history at FundingUniverse
• List of Gold Mines - AME Mineral Economics