Related Research Articles
Kirkland Lake is a town and municipality in Timiskaming District of Northeastern Ontario. The 2016 population, according to Statistics Canada, was 7,981.
Larder Lake is an incorporated municipal township and eponymous constituent dispersed rural community in Timiskaming District in Northeastern Ontario, Canada. It is located along Ontario Highway 66 and Ontario Highway 624 at the north-western part of the lake bearing the same name. The area of the township is 229.65 km2 (88.67 sq mi) and includes the geographic townships of Hearst, McVittie and Skead.
McGarry is an incorporated township in Timiskaming District in Northeastern Ontario, Canada. It includes the communities of Virginiatown, North Virginiatown, and Kearns. The township borders with Quebec to the east, along Highway 66 between Kirkland Lake and Rouyn-Noranda. The northern border of the township forms part of the border between Timiskaming District and Cochrane District. Highway 66 was rerouted in 2017 because of concerns that aging mine shafts under the road could cause it to collapse.
Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland, Australia and Mexico and exploration and development activities extending to the United States. Agnico Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales. As of 2017, it has paid a cash dividend every year since 1983.
Noranda Inc. was a mining and metallurgy company originally from Rouyn-Noranda, Quebec, Canada. It was listed on the TSX under the symbol NRD.LV. After eventually acquiring a large interest in rival mining company Falconbridge, it merged with that company in 2005. The combined company continued under the name Falconbridge Limited, ending the Noranda name. Only one year later in 2006 Falconbridge was acquired by the Swiss-based mining company Xstrata. On 2 May 2013 ownership of Xstrata was fully acquired by mining behemoth Glencore.
Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.
Larder Lake is a freshwater lake in Timiskaming District in Northeastern Ontario, Canada. The lake straddles the incorporated (municipal) townships of Larder Lake and McGarry and geographic McFadden Township. It is part of the Saint Lawrence River drainage basin and is the source of the Larder River.
Beanland Mine, also known as Clenor Mine, is an abandoned surface and underground mine in Northeastern Ontario, Canada. It is located about 1 km (0.62 mi) west of Arsenic Lake and 4 km (2.5 mi) northwest of the town of Temagami in central Strathy Township. It is named after Sydney Beanland, who first claimed the mine site in the 1920s and was a director for the mine from 1937 to 1938.
Normandy Mining was an Australian mining company which predominantly mined gold. Normandy was, during much of the late 20th century, Australia's largest gold miner.
Detour Gold Corporation is a former Canadian gold mining company, between 2006 and 2020, that owned and operated the Detour Lake Mine in the Abitibi gold belt of northeastern Ontario. Located northeast of Timmins and Cochrane, Ontario, near the Quebec border, the mine was operated by Placer Dome between 1983 and 1999, recovering 1.8 million ounces of gold in that time, and maintained as an exploration property by Pelangio Mines Inc. until 2006 when a group of investors formed the Detour Gold Corporation to develop a new mine. An initial public offering on the Toronto Stock Exchange on January 31, 2007, as well as several subsequent offerings, raised sufficient funds to develop the mine, so that it began production in 2013. Its low grade concentrations necessitated an open pit mine with cyanidation and carbon in pulp processing. Between 2014 and 2019 the mine produced between 500,000 and 600,000 ounces of gold each year. In 2020, following a proxy fight with activist shareholder Paulson & Co., the mine and the company were acquired by Kirkland Lake Gold in an all-stock purchase totaling $4.9 billion.
SSR Mining Inc., formerly Silver Standard Resources is a Denver based gold, silver, copper, lead and zinc producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the Americas and Turkey. In 2020, SSR Mining merged with Alacer Gold. Since the merger, the company has moved headquarters to Denver, Colorado. Rodney P. Antal is now the President and CEO of SSR mining. In February 2021, SSR Mining announced that Alison White would be the new Executive Vice President and CFO. In addition, the rest of the Executive team at SSR mining was added following the closure of the merger between SSR and Alacer Gold. Stewart Beckman is the Executive Vice President and COO ; F. Edward Farid is the Vice President and CCDO. Michael J. Sparks is the Vice President and Chief Legal and Administrative Officer. In addition, the rest of the leadership team and information can be found on their website. The merger created a company worth $4.0 billion
Queenston Mining, Inc. was a Canadian resource company focused on the exploration and development of gold deposits on “Proven Mine Trends” in geopolitically stable areas. The objectives of the Company were to expand upon its exploration areas to enlarge existing deposits and to target new discoveries, and to return to producer status through the development of its 100% owned properties.
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 early 2019, the company acquired ASX-listed Beadell Resources for its Tucano Gold Mine in Brazil. In 2020, the Company announced its inaugural Mineral Resource & Mineral Reserve for the Tucano gold mine in which a 51% reduction of mineral resources was reported. 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.
Osisko Gold Royalties Ltd is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams. The company also invests in mineral exploration companies in the form of purchases of shares. Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.
The Detour Lake mine property contains the mineral rights to a large area, approximately 235 km2 (91 sq mi), in northeastern Ontario, near the Quebec border, approximately 185 km (115 mi) northeast of Cochrane, Ontario, or 260 km (160 mi) northeast of Timmins, Ontario. In 1979, rights-holder Amoco Canada Petroleum agreed with Dome Mines and Campbell Red Lake Mines Ltd. to explore and develop the mineral resources. In 2019, Detour Gold – the former operating company of the mine – was acquired by Kirkland Lake Gold.
Kerr Addison Mines Ltd was a Toronto-based mining and gas company that owned various mines throughout Canada, including the Agnew Lake Mine, the Kerr-Addison Mine and Chesterville gold mine.
The Kerr–Addison Mine is an abandoned Canadian gold mine in the Kearns area of McGarry, Ontario. In 1960, the mine was the largest producer of gold in North America. The mine produced the second most gold overall in North America, with the Homestake Mine being the leader.
Chesterville Gold Mine was a gold mine located in McGarry, Ontario.
References
- 1 2 "Deak amalgamates". National Post . 3 January 1989. p. 14.
- ↑ Mining Steak Widened, The Province, 13 March 1988, P. 45
- ↑ "Zinc mine deal near". The Montreal Gazette. 18 Feb 1989. p. 74.
- 1 2 3 4 Obituary: Alex Perron , The Northern Miner 30 September 2002, p.5
- 1 2 3 Dan Westell (14 June 1997), Township and mine in tax showdown, National Post, p. 6
- ↑ "Kirkland Lake in its prime despite its image in movies". National Post . 2 April 1991. p. 59.
- ↑ Ontario fines Deak $50,000 for Larder Lake cyanide spill Archived 2023-06-02 at the Wayback Machine , The Northern Miner, 19 October 1992
- 1 2 3 Franczyk, Walter (11 Feb 1994). "Deak plans to expand gold milling". Kirkland Lake Gazette. p. 14.