Story: Gold and gold mining

Frasers pit

Frasers pit

This large opencast mine at Macraes Flat in Central Otago began operating in 1989. In 2005 it was the only hard-rock gold mine functioning in the South Island. At Macraes, mining occurs in five pits of different depth and size spread over a large area. Most of New Zealand’s gold production in the 1990s and 2000s has come from just two mining operations – Macraes in Otago and Waihī on Coromandel Peninsula.

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Photograph by Mark Walrond

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How to cite this page:

Carl Walrond, 'Gold and gold mining - Gold and the economy', Te Ara - the Encyclopedia of New Zealand, (accessed 21 June 2024)

Story by Carl Walrond, published 12 Jun 2006