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About: Stawell Gold Mine     Goto   Sponge   NotDistinct   Permalink

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The Stawell Gold Mine (SGM) is a gold mine located in the town of Stawell, Victoria. The current site was established in 1981, however mining has occurred on and around the site since the town was established in the mid 19th century. The mine reaches depths of up to 1.6 Kilometers (0.99 Miles). For a long time, the Stawell operations were closely related with those at the Fosterville Gold Mine outside Bendigo, however this changed when Arete Capital Partners purchased Stawell, but left Fosterville in the hands of Kirkland Lake Gold (Now Agnico Eagle Mines Ltd.).