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  Agnew

Agnew

Agnew mill at dusk.  
During financial 2010 Agnew produced 165,200 ounces of gold at a cash cost of A$611 per ounce and an NCE of A$992 per ounce.
For the year to end-June 2011 the outlook for Agnew is to produce between 160,000 and 175,000 ounces of gold at a cash cost of between A$595 and A$635 per ounce and an NCE of between A$910 and A$960 per ounce.
Agnew mill at dusk.    

The Agnew Gold Mine is located 23 kilometers west of the town of Leinster, which is about 375 kilometers north of Kalgoorlie and 1,000 kilometers north-east of Perth. Ore is mined through a single portal with two decline systems from the Kim and Main ore bodies, which form part of the Waroonga underground mining complex. Ore is processed through a carbon in pulp plant with a 1.3 million tonne per annum capacity. The ore bodies are structurally controlled hydrothermal deposits situated in the Norseman-Wiluna Greenstone Belt, which is part of the Yilgarn Craton, a 2.6 Ga granite-greenstone terrain in Western Australia. Agnew has a Mineral Resource of 4.0 million ounces and a Mineral Reserve of 1.2 million ounces.

Gold produced
(’000oz)
 
Tamrock jumbo in Kim Lode ore drive
Tamrock jumbo in Kim Lode ore drive
 
Lefroy ROM – high grade ore from the Agamemnon pit
Waroonga pit – portal access to Waroonga underground
Gold produced (’000oz)    

    F2010 F2009 F2008 F2007 F2006
Open-pit mining
Waste mined ’000t 191 9,315 13,836
Ore mined ’000t 202 1,532 836
Head grade g/t 3.24 2.58 2.13
Strip ratio W:O 0.95 6.08 16.04
Underground mining
Ore mined ’000t 581 737 505 394 452
Head grade g/t 6.24 7.94 9.34 11.69 12.10
Processing
Tonnes milled ’000t 883 1,066 1,315 1,323 1,323
Yield g/t 5.8 5.6 4.8 5.0 5.2
Gold produced kg 5,140 5,974 6,336 6,605 6,916
  ’000oz
165
192 204 212 222
Total cash cost A$/oz 611 541 496 377 355
  US$/oz 539 401 445 295 266
Notional cash expenditure A$/oz 992 743 634 602 480
  US$/oz 875 550 568 473 358
Capital expenditure A$m 62.6 41.6 37.0 36.3 24.6
Australia consolidated earnings A$m 89.9 94.3 41.2 52.8 52.6