Tag Archives: Macraes

Sandvik equipment starts to arrive for OceanaGold’s Macraes expansion

OceanaGold Corp has received the first of three new Sandvik machines at its Macraes gold mining operation on the South Island of New Zealand.

The company has taken delivery of a 17-t payload Sandvik LH517i underground loader (pictured), Sandvik Mining and Rock Solutions confirmed.

A Sandvik TH551i truck and DD421 development drill will also be delivered this year as Macraes prepares to extend its mine life to 2028, the mining OEM said.

The LH517i is a matching pair with the Sandvik TH551i truck. It features the Sandvik Intelligent Control System and My Sandvik Digital Services Knowledge Box™ on-board hardware as standard.

In December, OceanaGold received approval to extend the mine life of the Macraes operation to 2028. This is expected to involve the development of the Golden Point Underground Mine, the Deepdell North Stage III open-pit extension, and the Frasers West expansion.

These projects are forecasted to produce 1.1 Moz of gold over an eight-year mine life, with open-pit and underground operations expected to produce, on average, 150,000-170,000 oz/y of gold.