Fosterville gold mine tailings storage facility, Australia
Name of the Project
Fosterville gold mine tailings storage facility (TSF5).
Location
About 20 km east of Bendigo, in Victoria, Australia.
Project Owner/s
Canadian-based gold producer Agnico Eagle.
Project Description
Fosterville is Victoria's largest gold mine and one of the highest-grade gold mines in the world.
TSF5 will be built within an existing tailings area to allow for increased processing capacity at the mine and safer waste rock storage within the existing mine footprint.
Potential Job Creation
Fosterville employs more than 650 full-time personnel and 200 contractors, most of whom live in the Bendigo region.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not disclosed.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None disclosed.
Contact Details for Project Information
Agnico Eagle, tel +1 416 947 1212 or email info@agnicoeagle.com.
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