Detour Gold Corporation
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GOLD: Detour estimates resources for zone 58N
ONTARIO – Toronto-based Detour Gold Corp. has received the initial independent resource estimate for zone 58N located 6 km south of the company’s Detour Lake gold mine in Northern Ontario. The zone contains 2.9 million indicated tonnes grading 5.80 g/t…
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MINING PEOPLE: Detour Gold, Hecla Mining, Leagold, and Moneta Porcupine
Toronto’s Detour Gold Corp. says Paul Martin will be retiring as president and CEO effective June 1, 2018. Chairman Michael Kenyon will assume the role of interim CEO and Alex Morrison will assume the role of chairman. Hecla Mining Co.,…
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Detour Gold slammed on revised mine plan
Shares of Detour Gold (TSX: DGC) plunged 30% after the company forecast life-of-mine costs could rise significantly at its Detour Lake open pit gold mine in Ontario, 300 km northeast of Timmins. The preliminary cost review — which will be finalized in…
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MINING PEOPLE: Allegiant Gold, Detour Gold, Lupaka, and Power Metals
Andy Wallace has been named CEO of Allegiant Gold, a subsidiary to be spun out of Columbus Gold of Vancouver. Wallace is the principal of Cordex Exploration credited with nine gold discoveries in Nevada. The new COO of Detour Gold…
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GOLD: Detour Gold becomes signatory to Cyanide Code
WASHINGTON, D.C. – Toronto-based Detour Gold Corp. has become a signatory to the International Cyanide Management Code for the manufacture, transport and use of cyanide in the production of gold, announced the International Cyanide Management Institute on July 25, 2017.…
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GOLD: Detour outlines updated life of mine plan for Detour Lake
ONTARIO – Toronto-based Detour Gold Corp. has updated the life of mine plan for its Detour Lake gold producer 185 km northeast of the town of Cochrane. The life of the project has been increased to approximately 23 years, two…
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CONTEST: Goodman Gold Challenge set for later this month
SUDBURY, ON – The final round of presentations for the inaugural Goodman Gold Challenge is set for Feb. 25, 2017 at Laurentian University. The presentations will be followed by the awards gala presented by Kinross Gold in the Vale Cavern…
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GOLD: Permit delay pushes back West Detour development
ONTARIO – Detour Gold Corp. is pushing back development of the West Detour gold project due to uncertainties associated with permitting. The current mine plan called for mining to begin in January 2018. Detour filed the environmental study report with…
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Heavy rains dampen Detour’s 2016 production guidance
Detour Gold (TSX: DGC) has run into a minor setback at its Detour Lake mine near Cochrane, ON, causing the miner to revise its 2016 production and cost guidance again in less than two months. On Sept. 6, Detour trimmed its…
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SECOND QUARTER: Losses still plague Canadian miners
This is the season of quarterly reports (one of four times annually), but importantly the end of June marks the mid-point of 2016. From the results so far, this year is going to be an exceedingly difficult one in which…
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MINING PEOPLE: American Lithium, Detour Gold, Noront, Orbite, and West Melville Metals
Vancouver-based American Lithium has named Dana Brock VP of geosciences and engineering. He has worked in the United States and 10 other countries developing facilities for geothermal well fields, low temperature and mineralized waters, municipal and private water supplies, plus…
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EDUCATION: Detour Gold, Métis to create bursary for students at two Ontario colleges
ONTARIO – Representatives from the Métis Nation of Ontario (MNO), Detour Gold, College Boreal, and Northern College met in Timmins on Feb. 19 to sign memorandum of understanding agreements to formalize the creation of a bursary program to assist Métis…
