Super outcome for KCGM

Aug 18, 2020 | News

KCGM joint owners Northern Star Resources Ltd and Saracen Mineral Holdings Ltd have guided a run rate of 675,000 ozpa gold production from the Super Pit starting FY2028.

In the meantime, FY2021 production from the Super Pit is tipped to be between 440,000-480,000oz @ AISC of $1,470-1,570/oz.

With current reserves totalling 9.7 moz gold, KCGM has atleast 15 years of production ahead, while there is expected to be growth coming from exploration ensuring the iconic Kalgoorlie mine will be around for a long time yet.