Australia’s Queensland Government has announced the start of production from the $234.7m (A$350m) Ravenswood expansion project, making it one of the largest of its kind in the state.
Located 130km south-west of Townsville, the Ravenswood expansion mine has created nearly 400 jobs and a further 220 permanent contractors.
The three-year expansion project involved the construction of a new tailings storage facility and crusher, as well as a processing plant expansion, leaching tanks and a new mill.
Commissioned in 1987, the Ravenswood mine was acquired by Ravenswood Gold from gold miner Resolute Mining in 2020.
Queensland Resources Minister Scott Stewart said: “Not only is this now the largest gold mine in Queensland, but the Ravenswood Gold project also deserves a gold medal for how it supports locals and local businesses.
“It is providing good jobs, flow-on benefits for local businesses and is ensuring a sustainable future for the town of Ravenswood well beyond the life of the mine.
“The resources industry directly supports about 75,000 jobs across the state, particularly in the regions, which account for about two-thirds of all mining jobs.”
With the expansion project, the mine’s production capacity has been increased to more than 200,000oz of gold a year.
Ravenswood Gold CEO Brett Fletcher said: “Ravenswood Gold is a great example of local people working together with private business and government to bring real benefits for the state of Queensland.”