Canadian Mining Journal


Detour Gold Corporation


  • News

    GOLD: Production begins at Detour Lake

    February 11, 2013 by Canadian Mining Journal Staff

    ONTARIO – Production has begun at the Detour Lake gold open pit mine 185 km northeast of Cochrane following three years of construction and expenditures of $1.5 billion. With a project containing 15.6 million oz of gold and an annual…

  • Feature

    Bold Gold

    February 1, 2013 by Russell Noble

    The word  “detour ” is in Detour Gold Corporation’s name but it certainly wasn’t in its vocabulary when it came to building the Detour Lake Mine, located due south of James Bay, about 180 km northeast of Cochrane, and just 12…

  • News

    GOLD: Detour to raise $106M as opening nears

    November 21, 2012 by Canadian Mining Journal Staff

    TORONTO – Detour Gold Corp. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets to raise $106 million as its Detour Lake gold mine in northern Ontario nears production. Detour Gold will issue 4.0…

  • News

    GOLD DEVELOPMENT: Detour Lake connects to power grid

    July 24, 2012 by Canadian Mining Journal Staff

    ONTARIO – One recent milestone in the construction of the Detour Lake open pit gold mine 185 km northeast of Cochrane was connecting the 230 kW electrical power transmission line to the grid on July 19, says owner Detour Gold of Toronto….

  • News

    Yamana pounces on Extorre with US$404 million bid

    June 19, 2012 by Canadian Mining Journal Staff

    VANCOUVER — Following a tumultuous four months that saw share prices plummet and development options narrow, Vancouver-based explorer Extorre Gold Mines found a solution to its problem in the form of Toronto-based producer Yamana Gold,…

  • News

    Balmoral accelerates the hunt in the Abitibi

    June 14, 2012 by Canadian Mining Journal Staff

    Balmoral Resources’ hunt for a third elephant in close proximity to the Detour gold mine and the Canadian Malartic mine continues with its latest assays results.

  • News

    FINANCING: $277-M raised to finish Detour Lake gold mine

    February 14, 2012 by Canadian Mining Journal Staff

    ONTARIO – Toronto-based Detour Gold has complete the last part of construction financing, a $276.9-million bought deal, for the Detour Lake gold project 185 km northeast of Cochrane. Most of the net proceeds to complete the $1.45-billion…

  • News

    GOLD RESOURCE: Detour Lake reserves jump to 15.6-M oz

    January 25, 2012 by Canadian Mining Journal Staff

    ONTARIO – Detour Gold of Toronto says that reserves at its Detour Lake gold project 185 km northeast of Cochrane now contain an estimated 15.6 million oz of the yellow metal. The represents a 5% increase in proven and probable open pit reserves.

  • GOLD DEVELOPMENT: Detour Lake receives federal environmental okay

    January 2, 2012 by Canadian Mining Journal Staff

    ONTARIO – The federal Minister of Environment has approved the environmental assessment plans for the Detour Lake project owned by Detour Gold of Toronto. The US$992-million open pit gold mine and mill will have a production rate of…

  • News

    GOLD DEVELOPMENT: Detour Lake mine connected to Ontario power grid

    October 24, 2011 by Canadian Mining Journal Staff

    ONTARIO – Detour Gold Corp. of Toronto has connected the first 135-km segment of its transmission line between the Island Falls power station and the Detour Lake gold project 185 km northeast of Cochrane. The project now has access to…

  • News

    MINING PEOPLE IN THE NEWS: Atacama, Detour Gold, Finning, Premier Gold Mines and Sabina Gold & Silver

    October 24, 2011 by Canadian Mining Journal Staff

    Atacama Minerals Corp. has a new management team. It includes Richard Clark as CEO, Simon Jackson as president, Kevin Ross as COO, Hugh Stuart as VP exploration and Alessandro Bitelli as CFO. The gentlemen previously managed Red Back Mining…

  • News

    Big Deal

    August 17, 2011 by Canadian Mining Journal Staff

    Detour Gold Corp. has just announced that it has completed a term sheet with Caterpillar Financial Services Limited pursuant to which Cat Financial has agreed to underwrite an additional mining fleet lease facility of approximately US$40…