 | |
| Type | Public |
|---|---|
| TSX: BWR | |
| Industry | Mining |
| Founded | 1979 |
| Defunct | 2011 |
| Fate | Acquired by Nyrstar |
| Headquarters | , |
Number of locations | Four operating mines |
| Products | Zinc Lead Silver Gold |
Breakwater Resources was a mining company based in Toronto, Ontario, Canada. On August 26, 2011 the company was acquired by Nyrstar. [1]
Breakwater operated six mines: [2]
Cobalt is a town in Timiskaming District, Ontario, Canada. It had a population of 1,118 at the 2016 Census.
Placer Dome Inc. was a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada.
Eldorado Resources was a Canadian mining company active between 1926 and 1988. The company was originally established by brothers Charles and Gilbert LaBine as a gold mining enterprise in 1926, but transitioned to focus on radium in the 1930s and uranium beginning in the 1940s. The company was nationalized into a Crown corporation in 1943 when the Canadian federal government purchased share control. Eldorado Resources was merged with the Saskatchewan Mining Development Corporation in 1988 and the resulting entity was privatized as Cameco Corporation. The remediation of some mining sites and low-level nuclear waste continue to be overseen by the Government of Canada through Canada Eldor Inc., a subsidiary of the Canada Development Investment Corporation.
Adams Mine is an abandoned open pit iron ore mine located in the Boston Township of the District of Timiskaming, 11 km (6.8 mi) south of Kirkland Lake in the Canadian province of Ontario. It is situated on the Canadian Shield.
Silver Islet refers to both a small rocky island and a small community located at the tip of the Sibley Peninsula in northwestern Ontario, Canada.
Strathcona-Westmin Provincial Park is a Class B provincial park located at the southern extremity of Buttle Lake on Vancouver Island in British Columbia, Canada. The park was separated out from Strathcona Provincial Park by BC Parks in 1987 so that mining operations could proceed within park boundaries. Strathcona-Westmin is expected to be reabsorbed into Strathcona Provincial Park once mining operations cease.
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange.
Nanisivik Mine was a zinc-lead mine in the company town of Nanisivik, Nunavut, 750 km (470 mi) north of the Arctic Circle on Baffin Island. It was Canada's first mine in the Arctic. The mine first opened on 15 October 1976 and permanently closed in September 2002 due to low metal prices and declining resources. Mine reclamation began in April 2003. It was one of the most northerly mines in the world.
Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diavik Diamond Mine.
The Cobalt silver rush started in 1903 when huge veins of silver were discovered by workers on the Temiskaming and Northern Ontario Railway (T&NO) near the Mile 103 post. By 1905 a full-scale silver rush was underway, and the town of Cobalt, Ontario sprang up to serve as its hub. By 1908 Cobalt produced 9% of the world's silver, and in 1911 produced 31,507,791 ounces of silver. However, the good ore ran out fairly rapidly, and most of the mines were closed by the 1930s. There were several small revivals over the years, notably in World War II and again in the 1950s, but both petered out and today there is no active mining in the area. In total, the Cobalt area mines produced 460 million ounces of silver.
El Mochito mine is an underground zinc and silver mine in Honduras that is owned by Ascendant Resources. The mine is located near the municipality of Las Vegas in northwest section Honduras. At approximately 88 km (55 mi) northeast of the mine, the closest major city is San Pedro Sula, which also acts as the commercial centre of the country.
El Toqui mine is a zinc-gold mine in Chile. Besides silver and lead are also mined in El Toqui. The mine is owned by Breakwater Resources through its wholly owned subsidiary company Sociedad Contractual Minera el Toqui. The mine was purchased from Barrick Gold Corporation in 1997.
The Caribou Mine is a copper-lead-zinc mine in the Bathurst Mining Camp of northern New Brunswick, Canada. It was discovered in 1955 and has seen several stages of development and production. The mine has changed ownership four times in the past 20 years.
New Gold Inc. is a Canadian mining company that owns and operates the New Afton gold-silver-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario, Canada. Through a Mexican subsidiary company, they also own the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico, which ceased operation in 2017. While New Gold was founded in 1980 for the purposes of mineral exploration, the company became a mine operator with its merger of Peak Gold and Metallica Resources in 2008. A fourth company, Western Goldfields, joined in 2009. Together they operated the Peak mine in Australia and Mesquite Mine in California but sold both in 2018. Headquartered in Toronto, shares of the company are traded on the Toronto Stock Exchange and NYSE American.
Zinc mining in the United States produced 780,000 tonnes of zinc in 2019, making it the world's fourth-largest zinc producer, after China, Australia, and Peru. Most US zinc came from the Red Dog mine in Alaska. The industry employed about 2,500 in mining and milling, and 250 in smelting.
Great Panther Mining Limited is a Canadian company, headquartered in Vancouver, that owns and operates a gold mine in Brazil. The company became a metal producer and listed on the Toronto Stock Exchange in 2006 after a restructuring in which Robert Archer took over as Chief Executive Officer and acquired and returned several dormant silver-gold mines in Mexico back into production. In 2015 the company merged with TSXV-listed Cangold which was attempting to develop its own gold-silver mine in Mexico. In 2019, the company acquired ASX-listed Beadell Resources for its Tucano Gold Mine in Brazil. In 2022 the company went bankrupt despite selling its Mexican mines.
Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. It was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold Corp. between 1994 and 1999, as a consulting and investment company in the gold mining industry. The company was re-named Foxpoint Resources Ltd. as it sought to acquire and develop its own gold mining property. In 2001, the Vancouver-based Foxpoint Resources purchased several mining properties from the Kinross Gold around Kirkland Lake, Ontario. The $5 million purchase included several former mines: Macassa Mine, Lakeshore Mine, Wright Hargreaves and Teck Hughes. The company re-named itself again as Kirkland Lake Gold and re-commissioned the underground Macassa Mine. As it continued new exploration, it was able to begin extracting gold from the mine in 2003. Kirkland Lake Gold focused on developing its Macassa mine until 2015 when it acquired St. Andrew Goldfields with its three mines about 100 km from Kirkland Lake, in an all-stock deal worth $178 million. Pressure from activist shareholders seeking more aggressive expansion led to changes in management to expand the company's holdings. Later that year, the company acquired Vancouver-based Newmarket Gold Inc., which owned the Cosmo mine in the Northern Territory and the Fosterville and Stawell Gold Mines in Victoria, Australia, for $1.01-billion in stock. Kirkland Lake Gold listed stocks on the Australian Securities Exchange effective November 30, 2017. On the Toronto Stock Exchange, Kirkland Lake Gold was promoted to the S&P/TSX 60 index effective September 23, 2019. Within a few months, the company acquired Detour Gold in a $4.9-billion purchase.
Evolution Mining is an Australian gold mining company with projects across Australia and in Ontario, Canada.
Arthur H. Shore was a mineral prospector and the first person set up a uranium mine in Faraday Township, Ontario. He co-founded and managed the Reeves feldspar Mine and founded the Faraday Uranium Mine. His uranium prospecting, according to Bayne in 1977, led to the "greatest uranium prospecting rush in the world."
Uranium mining in the Elliot Lake area represents one of two major uranium-producing areas in Ontario, and one of seven in Canada.
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