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Fosterville
Kirkland Lake Gold have launched an Australian Community Partnership Program in Bendigo that will see $12 million invested into essential community services in Victoria and the Northern Territory.
This fantastic program will support a diverse range of programs and organisations in their COVID-19 recovery efforts over the next three years.
The 2020 Lexus Melbourne Cup visited Bendigo last week to celebrate its origins, made using gold from the Fosterville Gold Mine, located just 20kms outside of the City, crafted by the skilled workers of ABC Bullion.
2020 marks the first-time gold from the Bendigo region in Victoria has been used to make the prestigious Cup.
Since the gold rushes of the 1850s Australia’s gold industry has been making a vital contribution to the country’s economic prosperity, generating wealth and underpinning global production. Moreover it is the lifeblood of many regional communities, creating jobs and educational opportunities, while providing vital infrastructure and boosting tourism.
As we celebrate the 160th anniversary of the first Melbourne Cup this year, Australian gold workers from Kirkland Lake Gold and ABC Bullion stand proud, having produced the People’s Cup from Australian gold.
The iconic golden trophy carries with it much more than just the title of winner – it’s an integral part of our country’s fabric, representing Australian tradition, mateship, resilience and our collective spirit.
Australia’s gold exports are forecast to hit a record high of AUD $25 billion in 2019-20 according to the Department of Industry, Innovation and Science’s September edition of Resources and Energy Quarterly (REQ).
The September REQ shows Australia remains the world’s second largest producer of gold, with production increasing by 6.3% in FY 2018–19 to 321 tonnes, equating to 9% of the world’s total supply in 2018.
Maintaining their stellar year of award wins, the Kirkland Lake Gold Fosterville team took home four awards at this year’s Victorian Mines Rescue Competition (VMRC) including the overall win.
Held over 12 – 14 October and hosted by Kirkland Lake Gold at their Fosterville Gold Mine 20km outside of Bendigo, the 26th VMRC saw nine mines rescue and emergency response teams (ERT) compete.
