Echo Bay Mines

Last updated
Echo Bay Mines
IndustryMining
Founded1964;57 years ago (1964)
Canada

Echo Bay Mines Limited was a Canadian [1] company which was organized in 1964 by Northwest Explorers Limited to develop a silver deposit at Great Bear Lake, Northwest Territories, Canada, which had been staked in 1930 by The Consolidated Mining and Smelting Company. [2] The company leased the old Port Radium settlement from Eldorado Mining and Refining Limited and used the old camp and mill to recover silver and copper values from what became known as the Echo Bay Mine. Production in the Echo Bay workings ceased in 1975. The company then reopened the old Eldorado Mine workings and produced more silver and copper until 1981 when low silver prices closed the mine for good.

Echo Bay Mines Limited went on to open a new gold mine by that point, Lupin Mine, in what was then the Northwest Territories and is today in Nunavut. [3] It entered production in 1982.

Echo Bay Mines Limited developed numerous other properties, [4] [5] mostly in the United States, including two mines in Nevada, McCoy/Cove and Round Mountain gold mine, and the Kettle River mine in Washington. Corporate headquarters were in Englewood Colorado.

In 1986 the company purchased Sunnyside Gold Mine in Silverton, Colorado, and operated it for five years before it closed because of low gold prices. [6]

The company became a subsidiary of Kinross Gold Corporation in 2003 and has been delisted from the stock exchange.

Related Research Articles

Cobalt, Ontario Town in Ontario, Canada

Cobalt is a town in Timiskaming District, Ontario, Canada. It had a population of 1,118 at the 2016 Census.

Port Radium

Port Radium is a mining area on the eastern shore of Great Bear Lake, Northwest Territories, Canada. It included the settlement of Cameron Bay as well as the Eldorado and Echo Bay mines. The name Port Radium did not come into use until 1936 and at the time it was in reference to the region as a whole. The Eldorado mine site at LaBine Point adopted the name for its settlement in the 1940s and it has generally stuck.

Gilbert A. LaBine, was a Canadian prospector who, in 1930, discovered radium and uranium deposits at Port Radium, Northwest Territories. He has become known as the father of Canada's uranium industry. LaBine was president of Eldorado Gold Mines from its start in the late 1920s to 1947. He left the company, which had become a Crown corporation in 1944, to prospect for uranium minerals as an independent mine developer. In the 1950s he brought the Gunnar Mine to production at Uranium City, Saskatchewan.

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.

Eldorado Mine (Northwest Territories)

The Eldorado Mine is a defunct mine located in Port Radium, Northwest Territories, Canada. Radium, uranium and silver were extracted from the mine during several working periods between 1932 and 1982. Uranium from Eldorado was used in the Manhattan Project. The Eldorado Mine is also known as Port Radium, a name adopted for use at this specific site after 1942. The name Port Radium had previously referred to the post office and wireless radio station at Cameron Bay.

Mount Lyell Mining and Railway Company was a Tasmanian mining company formed on 29 March 1893, most commonly referred to as Mount Lyell. Mount Lyell was the dominant copper mining company of the West Coast from 1893 to 1994, and was based in Queenstown, Tasmania.

The Mount Jukes Mine sites were a series of short-lived, small mine workings high on the upper regions of Mount Jukes in the West Coast Range on the West Coast of Tasmania.

Idarado Mine

The Idarado Mine was a mining operation in the San Juan Mountains of Ouray County, Colorado near the now-ghost town of Guston, producing primarily lead, silver and zinc along with lesser amounts of gold and copper. The mine is within the Sneffels-Red Mountain-Telluride mining district. The remains of the operation are visible from the Million Dollar Highway, north of Red Mountain Pass, between Ouray and Silverton, Colorado. The tunnels of the Idarado extend some 5 miles (8 km) west under 13,000 foot mountains to the Pandora Mill near Telluride, a trip of more than 60 miles (100 km) by highway.

Gwennap Human settlement in England

Gwennap is a village and civil parish in Cornwall, England. It is about five miles (8 km) southeast of Redruth.

Matachewan Township in Ontario, Canada

Matachewan is a township in Timiskaming, Northeastern Ontario, Canada, located at the end of Ontario Highway 66 along the Montreal River. The name is derived from the Cree word for "meeting of the currents".

Silver mining in the United States

Silver mining in the United States began on a major scale with the discovery of the Comstock Lode in Nevada in 1858. The industry suffered greatly from the demonetization of silver in 1873 by the Coinage Act of 1873, known pejoratively as the "Crime of 73", but silver mining continues today.

Uranium mining in Colorado

Uranium mining in Colorado, United States, goes back to 1872, when pitchblende ore was taken from gold mines near Central City, Colorado. The Colorado uranium industry has seen booms and busts, but continues to this day. Not counting byproduct uranium from phosphate, Colorado is considered to have the third largest uranium reserves of any US state, behind Wyoming and New Mexico.

Gold mining in Alaska, a state of the United States, has been a major industry and impetus for exploration and settlement since a few years after the United States acquired the territory in 1867 from the Russian Empire. Russian explorers discovered placer gold in the Kenai River in 1848, but no gold was produced. Gold mining started in 1870 from placers southeast of Juneau, Alaska.

Mining industry of Egypt

Mining in Egypt has had a long histories that goes back to predynastic times. Egypt has substantial mineral resources, including 48 million tons of tantalite, 50 million tons of coal, and an estimated 6.7 million ounces of gold in the Eastern Desert. The total real value of minerals mined was about £E102 million (US$18.7 million) in 1986, up from £E60 million (US$11 million) in 1981. The chief minerals in terms of volume output were iron ore, phosphates, and salt. The quantities produced in 1986 were estimated at 2,048, 1,310, and 1,233 tons, respectively, compared with 2,139, 691, and 883 tons in 1981. In addition, minor amounts of asbestos (313 tons) and quartz (19 tons) were mined in 1986. Preliminary exploration in Sinai indicated the presence of zinc, tin, lead, and copper deposits. Private sector exploration and exploitation activities so far have been limited. Only recently, AngloGold Ashanti with its joint Venture Partner Thani Dubai and a Canadian listed exploration company, Alexander Nubia International have been undertaking exploration in Egypt's Eastern Desert with some success. Centamin Ltd., a mineral exploration company founded in Australia, started a massive mining project in Sukari Hill.

For many years, North America was the largest exporter of uranium ore in the world and has been a major world producer since demand for uranium developed. In 2009 Kazakhstan took over top spot, relegating Canada to second. 20% of the world's primary uranium production came from mines in Canada in 2009. 14.5% of the world production came from one mine, McArthur River. Currently the only producing area in Canada is northern Saskatchewan, although other areas have had active mines in the past.

El Dorado Canyon is a canyon in southern Clark County, Nevada famed for its rich silver and gold mines. The canyon was named in 1857 by steamboat entrepreneur Captain George Alonzo Johnson when gold and silver was discovered here. It drains into the Colorado River at the former site of Nelson's Landing.

Mineral Park mine Ghost Town in Arizona, United States

The Mineral Park mine is a large open pit copper mine located in the Cerbat Mountains 14 miles northwest of Kingman, Arizona, in the southwestern United States. A 2013 report said that Mineral Park represented one of the largest copper reserves in the United States and in the world, having estimated reserves of 389 million tonnes of ore grading 0.14% copper and 31 million oz of silver.

Timeline of mining in Colorado

Colorado mining history is a chronology of precious metal mining, fuel extraction, building material quarrying, and rare earth mining.

In the mid-19th century, Colorado Springs was a center of mining industry activity. Coal was mined in 50 mines in the area and towns, now annexed to Colorado Springs, were established to support residents of the coal mining industry.

References

  1. Georg Witschel (2010). New Chances and New Responsibilities in the Arctic Region: Papers from the International Conference at the German Federal Foreign Office in Cooperation with the Ministries of Foreign Affairs of Denmark and Norway, 11-13 March 2009, Berlin. BWV Verlag. pp. 206–. ISBN   978-3-8305-1750-4.
  2. Schiller, E A. Geological Survey of Canada, Paper 65-11. Natural Resources Canada. pp. 42–. GGKEY:CR5H58XXBJZ.
  3. William C. Wonders (2003). Canada's Changing North. McGill-Queen's Press - MQUP. pp. 224–. ISBN   978-0-7735-2590-0.
  4. Jay P. Pederson (2001). International Directory of Company Histories. St. James Press. ISBN   978-1-55862-443-6.
  5. U.S. Geological Survey Circular. The Survey. 1989. pp. 1–.
  6. Robert Frodeman (1 February 2012). Geo-Logic: Breaking Ground between Philosophy and the Earth Sciences. SUNY Press. pp. 29–. ISBN   978-0-7914-8744-0.

Coordinates: 66°03′18″N118°00′00″W / 66.05511°N 118.000088°W / 66.05511; -118.000088