Fosterville Gold Mine is a gold mine east of

Bendigo Bendigo ( ) is a city in Victoria, Australia, located in the Bendigo Valley near the geographical centre of the state and approximately north-west of Melbourne, the state capital. As of 2019, Bendigo had an urban population of 100,991, makin ...

in the Australian state of

Victoria Victoria most commonly refers to: * Victoria (Australia), a state of the Commonwealth of Australia * Victoria, British Columbia, provincial capital of British Columbia, Canada * Victoria (mythology), Roman goddess of Victory * Victoria, Seychelle ...

. As of 2022, it was the largest gold mine in Victoria. The current mine was established by Newmarket Gold. Newmarket was taken over by

Kirkland Lake Gold Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. History The company was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold ...

in 2016, and in turn that merged with

Agnico Eagle Mines Limited Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico Eagle has full exposure to higher gold prices consistent ...

in 2022. Gold was first discovered in the Fosterville area in 1894 and mined from then until 1903. Mining operations restarted in 2003 by a forerunner of

. Commercial production from open pits was achieved in 2005 and underground mining commenced in 2006. In 2018, it was estimated to have at least six more years of operation.

References

Gold mines in Victoria (state) Bendigo {{VictoriaAU-geo-stub