The Ravenswood Gold Mine is now the largest gold mine in Queensland after a significant expansion to the facility
A three-year expansion that included a new tailings storage facility, crusher and a processing plant expansion means that Ravenswood Gold Mine’s production has now increased to produce more than 200,000 ounces (5.7 tonnes) of gold each year.
The permanent workforce has increased to more than 430 with a further 220 permanent contractors.
Local businesses and suppliers were involved in the $350 million expansion, with concrete supplied by Towers Concrete in Charters Towers and steel from Thomas Steel in Townsville.
Located in the historic gold mining town of Ravenswood, the Ravenswood Gold Mine has been in operation since 1987 and was purchased by Ravenswood Gold in April 2020.
“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,” Resources Minister Scott Stewart says.
“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.
“And all Queenslanders benefits with royalties that will fund our schools, hospitals and roads.
“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.”