Detour Gold Corporation
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GOLD: Kirkland Lake hits more high grade at Fosterville
TORONTO – Following closely on the news of its acquisition of Detour Gold, Kirkland Lake Gold has released a slew of exploration results from its high-grade Fosterville underground mine in Victoria, Australia. The drilling program targeted four areas at Fosterville:…
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GOLD: Zijin Mining to acquire Continental Gold for $1.4B
COLOMBIA – In the latest mega-deal sweeping the gold sector, Zijin Mining Group is buying Continental Gold for $1.4 billion in cash. The cash-rich Chinese gold miner is on an acquisition spree. In early November it said it would buy copper-gold assets…
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GOLD: Newmont Goldcorp sells Red Lake mines to Australia’s Evolution for US$475M
DENVER – Newmont Goldcorp of Denver, Colo., has agreed to sell Red Lake Mines Ltd. to Evolution Mining of Australia. Evolution has agreed to make a cash payment of US$375 million upon closing in the first quarter of 2020, plus…
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John Hathaway on the Detour gold mine
John Hathaway, chairman of Tocqueville Management Corp., called Detour Lake a “trophy mine” when he was interviewed by Northern Miner group publisher Anthony Vacarro at the 2019 Precious Metals Summit in Zurich. Click on the You Tube video to hear…
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GOLD: Kirkland Lake to acquire Detour Gold
TORONTO – Kirkland Lake Gold has announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Detour Gold. The transaction would exchange each Detour share for 0.4343 of a Kirkland Lake share, an…
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MINING PEOPLE: Detour Gold, Golden Star, Quaterra, Sherritt, and Taseko Mines
Patrice Merrin is the new chair of Detour Gold Corp. in Toronto. She is currently a director of Glencore plc, and has held numerous other executive and board positions in the resource sector. She has also served with several government…
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MINING PEOPLE: Anaconda Mining, Champion Iron, Detour Gold, Nickel One, and Superior Gold
Toronto’s Anaconda Mining has boosted its management team with the appointment of Kevin Bullock as CEO. With more than 30 years of capital markets and senior mining experience, he was a founder of Volta Resources. Dustin Angelo will retain the…
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GOLD: Detour provides guidance for 2019
TORONTO – Detour Gold Corp. has provided guidance for this year. The numbers are in line with the Detour Lake project’s life of mine plan released in June 2018. (All amounts in U.S. dollars.) Gold production for the full year…
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GOLD: Detour’s 2018 output tops 620,000 oz.
TORONTO – Detour Gold Corp. enjoyed a strong fourth quarter – with record output of 158,200 oz. – bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017. The average mining rate was…
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MINING PEOPLE: Detour Gold, Nevsun, Strongco, and Taseko
Detour Gold Corp. of Toronto has named Bill Williams as interim CEO, following the resignation of Michael Kenyon. The company is seeking a permanent executive. Following its takeover by Zijin Mining Group, Vancouver’s Nevsun Resources has announced these executive appointments:…
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MINING PEOPLE: Detour Gold, New Energy Metals, SNC-Lavalin and Sniper Resources
Following a drawn-out proxy fight, Toronto-based Detour Gold Corp. has reconstituted its board of directors. James Gowans retained is seat on the board and the title of chairman. Joining him on the board are Alan Edwards, Andre Falzon, Steven Feldman,…
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MINING PEOPLE: Detour Gold, NexGen, Osisko Metals, Seahawk Ventures, and TomaGold
Toronto’s Detour Gold Corp. has asked Alan Edwards, James Gowans and Judy Kirk to join its board of directors. Additionally, Dale Ekmark has been appointed VP and mine general manager of the Detour Lake gold mine. Sybil Veenman and Karri…
