First Quantum Minerals Ltd. is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.
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 Glencore.
Robert Martin Friedland is an American/Canadian billionaire financier in the mining industry. Since the early 1980s, he has specialized in securing funding for the exploration and development of mineral and energy resources and technology ventures. He is the founder and chairman of his private, family-owned firm, Ivanhoe Capital Corporation, which is active in capital markets, focused on emerging markets. He is the founder and co-chairman of Ivanhoe Mines – a Canadian public company listed on the Toronto and OTCQX exchanges.
Wesdome Gold Mines Ltd. is a mining, exploration and development company based in Toronto, Ontario, focused primarily on gold. Wesdome Gold Mines Inc. was created as a joint venture in 1976 for the purpose of exploring and developing the Wesdome property in Val d'Or. Wesdome derives its name from the joint venture between Western Quebec Mines Inc. and Dome Mines Ltd. In 1997 Western Quebec Mines bought out Dome Mines' interest. In 1999 Wesdome Gold Mines Inc. became a publicly listed company. Wesdome Gold Mines proceeded with its advanced exploration and development on the wholly owned property. In December 2003, Western Quebec Mines Inc. purchased the Kiena Complex and subsequently put the property into Wesdome Gold Mines Inc., completing and consolidating the Wesdome land package around Lac De Montigny. Wesdome Gold Mines' Val d'Or assets include 7,500 hectares of wholly owned property on the Kiena, Wesdome, Shawkey and Siscoe properties, as well as a 920-metre shaft, 2000 tpd CIP mill and extensive surface and underground infrastructure. On February 1, 2006, River Gold Mines Ltd. merged with Wesdome Gold Mines Inc, to create Wesdome Gold Mines Ltd. (WDO-TSX). River Gold Mines Ltd. was formed in 1994 to consolidate ownership of the Eagle River property, located 50 km west of Wawa, Ontario. In the low gold price environment from 1997 to 2002, all other known gold deposits and mining infrastructure in the Mishibishu greenstone belt were acquired. To date, the Wawa assets have produced in excess of 1,000,000 ounces of gold from three mining projects. Wesdome Gold Mines' Wawa assets include 5200+ hectares of wholly owned property on the Eagle River and Mishi properties, a 580-metre shaft, a 1000 tpd Merril Crowe milling facility, and over 75 kilometres of underground development. On July 10, 2007, Wesdome Gold Mines Ltd. merged with Western Quebec Mines Inc. In doing so, Wesdome added 1000 contiguous hectares to its already large Val d'Or land package, removed the controlling shareholder and simplified its corporate structure.
Yamana Gold Inc. is a Canadian company that owns and operates gold, silver and copper mines in Canada, Chile, Brazil and Argentina. Headquartered in Toronto, the company was founded in 1994 and became listed on the Toronto Stock Exchange in 1995 and on the New York Stock Exchange in 2007. The company became a gold producer after its 2003 re-restructuring in which Peter Marrone took over as Chief Executive Officer and it merged with Brazilian company Santa Elina Mines Corporation. The combined company was able to use Yamana's access to capital with Santa Elina development properties to bring the Chapada mine into production. From there the company combined with other TSX-listed companies RNC Gold, Desert Sun Mining, Viceroy Exploration, Northern Orion Resources, Meridian Gold, Osisko Mining and Extorre Gold Mines which each contributed either a producing mine or a development project that was able to come into commercial production.
Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. Its contribution to the gross domestic product is also very important and makes it one of the largest economic sectors of the country. The majority of revenue comes from diamond mining.
Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada. Headquartered in Toronto, the company was founded 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 Canadian Malartic Corporation is a mining company that operates the Malartic mine near Malartic, Quebec. Prior to 2014 the company was a public company named Osisko Mining Corporation with shares listed on the Toronto Stock Exchange and New York Stock Exchange. In 2014, Osisko Mining was subject to a hostile takeover bid by Goldcorp but an alternative bid by white knights Yamana Gold and Agnico Eagle Mines Limited was accepted that, in addition to offering a higher price, created the spin-off Osisko Gold Royalties and turned Osisko Mining Corporation into the subsidiary company Canadian Malartic Corporation jointly owned by Yamana Gold and Agnico Eagle. From its founding in 1982 until 2006, Osisko Mining bought and sold mineral exploration rights in Quebec, conducting exploration work. The company acquired an interest in the Canadian Malartic property in 2004 and after promising feasibility studies the mine was constructed with commercial production achieved in May 2011.is a Canadian company engaged in the exploration and development of several mineral properties in Quebec.
The abitibi gold belt is a region of Canada that extends from Wawa, Ontario to Val-d'Or, Quebec. Located within the mineral-rich Abitibi greenstone belt, the gold belt is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901. Timmins, a town founded in 1912 following the porcupine gold rush and subsequent creation of the Hollinger, MacIntyre and Big Dome Mines, is one area in the region that experienced a gold rush beginning in 1909. The Kerr Addison Mine in Virginiatown was at one time Canada's largest gold producing mine. Many of the towns readily acknowledge gold mining as part of their history, some being named after gold. One of Canada's 'large roadside attractions' is a 12-foot replica of a 1908 gold sovereign built to commemorate Canada's first gold coin which was made using gold from the Kerr Addison mine.
Sandstorm Gold Ltd. is a Canadian company that provides funding to mining companies in exchange for royalties, principally in the form of net smelter returns and steams. The company focuses on precious metals but did spin off Sandstorm Metals & Energy Ltd. in 2010 as a separate TSX Venture Exchange-listed company to make these volumetric production payment transactions in the base metal and fossil fuel sectors, but bought it back in 2014. Sandstorm Gold graduated from the TSX Venture Exchange to the Toronto Stock Exchange and began listing shares on the New York Stock Exchange in 2012.
Orex Exploration is a former Canadian gold mining company that conducted exploration work on mining properties it owned in the Goldboro and Guysborough County areas of Nova Scotia. The properties owned by Orex were the sites of the former Boston Richardson Mine, Dolliver Mountain Mine, West Goldbrook Mine, and East Goldbrook Mine which operated between 1892 and 1912. Headquartered in Rouyn-Noranda, Quebec, the company was founded in 1987 and raised funds for exploration work, in part, by issuing stocks traded on the Montreal Stock Exchange and then the TSX Venture Exchange. It became a subsidiary of Anaconda Mining Inc. after Anaconda acquired the company in a stock swap deal in 2017.
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 and New York Stock Exchanges.
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 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.
Rubicon Minerals is a Canadian company active in gold exploration. Rubicon owns more than 65,000 acres (26,000 ha) of exploration ground near Red Lake, Ontario, Canada, and has made significant discoveries of gold on this property. The property is near to Goldcorp's Red Lake Mine. As of August 2018 the company had a market capitalization of $80 million.
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.
B2Gold Corporation is a Canadian company that owns and operates gold mines in Mali, Namibia and the Philippines. Headquartered in Vancouver, the company and went public on the Toronto Stock Exchange founded in 2007 and was later listed on the New York Stock Exchange and Namibian Stock Exchange. The company was formed by several executives from Bema Gold following its acquisition by Kinross Gold. The company built itself up through mergers with several other mining companies, including Central Sun Mining, CGA Mining, Auryx Gold and Papillon Resources to give it five operating mines, two of which have been divested, and several exploration properties.
Guyana Goldfields is a Canadian company that owns and operates the Aurora gold mine in Guyana. It is a publicly-traded company with shares listed on the Toronto Stock Exchange and previously TSX Venture Exchange. Beginning in 1996 the company acquired exploration rights to the former Peters and Aurora mines with the objective of utilizing modern exploration technology to re-evaluate the potential gold reserves. Following positive exploratory results, the company received financing from the International Finance Corporation and other investors and conducted economic and technical feasibility studies. The Aurora gold mine began commercial production in 2015 and has produced approximately 125,000 to 160,000 ounces of gold per year from the mine since then. These lower than expected results and a revised technical study that significantly lowered the recoverable reserves estimates, led to the removal the CEO and directors involved in making the investment decision and a class action lawsuit alleging misrepresentations in public disclosures.
Aura Minerals Inc. is a multi-national mining company that owns and operates the gold and copper mines in Honduras, Brazil and Mexico. The company is headquartered in the British Virgin Islands, operated from its corporate office in Florida and has its stocks traded on the Toronto Stock Exchange.
Kirkland Lake Gold Inc. is a Canadian gold mining company, based in Toronto, that owns and operates 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 mine 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.
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 steams. 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.
