The Kidston Gold Mine: A Development Challenge of a Low Grade Deposit

The Kidston Gold Mine i s located in northern Queensland some 2 Ukm northwest of Townsville. I t is the largest gold mine in Australia and produces approximately 25 percent of Australia's gold and one percent of the world's gold.Initially, traditional mining industry management approaches resulted in the rejection of what appeared to be an attractive low-grade deposit as an uneconomic proposition. Critical re-examination revealed that the rejection was based upon managerial inflexibility and traditionally over-conservative methods of mine evaluation, construction, operation, projected commodity prices and contingency factors. "Ihus it tradition was to prevail, the Kidston prospect would never have been realised.