Fosterville

State of Victoria, Australia

As the largest gold producer in the state of Victoria, Australia, the Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo and 130 km north of the city of Melbourne. The Fosterville mine features highly-profitable gold production, as well as extensive in-mine and district-scale exploration potential.

Key Facts

Mine Type

Underground

2022 production

338,327 oz gold*

2022 production costs

$605/oz gold*

2022 total cash costs

$378/oz gold*

Gold reserves

1,677,000 oz

2023 production guidance

305,000 oz gold

2023 total cash costs guidance

$457/oz gold

Mine life

2031
*for the period from Feb. 8, 2022 to Dec. 31, 2022

Mine Production

2022 Output

* for the period from Feb. 8, 2022 to Dec. 31, 2022

Employees

550