St Ives gold mine - Key developments and material issues

  • Continued investment in the promising mine extensional and regional exploration project pipelines
  • Exploration of early-stage targets along the prospective Invincible/Speedway trend are providing encouraging results requiring follow-up
  • Highly prospective targets being assessed along strike of Invincible South in the Greater Invincible area
  • Invincible camp is significant and continues to grow and to date has delivered mine production of 625koz since 2015. Current Mineral Resources are in excess of 1.6Moz and open pit and underground Mineral Reserves of 197koz and 521koz respectively
  • Sustained cornerstone production from the Invincible and Neptune open pits
  • The mining mix is changing in the medium term from open pit to underground operations and discovery of new open pit opportunities is accordingly prioritised
  • Several mill upgrades are being implemented to enhance recovery from multiple ore sources and lake sediments
  • Advanced scoping study successfully completed for the palaeochannel project with stage 1 pre-feasibility mining studies to be developed in 2018

Key developments and material issues