Situated 25km east of Bendigo, Fosterville Gold Mine – operated by Agnico Eagle Mines Limited – is the largest gold producer in the state of Victoria.
Details
McCormicks Rd, Fosterville VIC 3557
Phone (03) 5439 9000
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About
As of the end of 2022, the mine has extracted over 3.9 million ounces of gold since the commencement of the current operation in 2005.
- Gold was first discovered in the Fosterville area in 1894 with mining activity continuing until 1903. Aside from a minor tailings retreatment in the 1930s, the field lay dormant until 1988.
- Between 1988 and 2001, a total of 240,000 ounces of gold were poured from heap leaching ore derived from shallow oxide open pits.
- The present-day Fosterville mine started underground mining operations in 2005 and, during its initial years, produced gold from near-surface, low-grade mineralization.
- In 2016, the ultra-high-grade Swan Zone was discovered, eventually transforming Fosterville into one of the world’s richest gold mines.
With over 800 people employed at the mine – who are mostly local to the area – Fosterville Gold Mine strongly believes in engaging with and contributing towards the local community.
