Modern Mining

Since 1989, we’ve been mining at Macraes, the flagship operation and birthplace of OceanaGold.

Over that time we’ve celebrated many milestones, some big and some small, all thanks to our team.
1987
Prospective drilling begins
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1989
Macraes Mining Company Ltd. Established
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1990
Mine construction begins
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1990
Production mining commences
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1990 November
First gold bar poured
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1994
Exploration programme expanded
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1995 November
First 500,000th ounce produced
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1998
Became GRD Macraes Ltd.
Macraes Mining Company became a wholly owned subsidiary of Gold and Resource Developments NL, leading to the change of name to Gold and Resource Developments (New Zealand) Ltd.
1999
Pressure oxidation and autoclave facility commissioned
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2000
First 1,000,000th ounce produced
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2003
4.5 Mt processing throughout achieved
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2004
Macraes Flat Trout Hatchery established
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2004
Became Oceana Gold (New Zealand) Ltd
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2005
2,000,000th ounce produced
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2007
Gold bearing sulphide concentrate delivered from the Globe Progress Mine
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2007
Frasers Underground Mine commissioned
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2010
3,000,000th ounce produced
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2010
Celebrated 20 years of mining
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2014
4,000,000th ounce produced
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2016
Mine life extended to 2020
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2018
Mine life extended to 2021
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2020
Celebrated 30 years of mining
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2020
Mine life extended to 2028
Subject to market and operating conditions
2021
Golden Point Underground Mine commissioned
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