Canadian Mining Journal


Detour Gold Corporation


  • News

    GOLD DEVELOPMENT: $428 million deal enough to complete Detour Lake mine

    August 4, 2011 by Canadian Mining Journal Staff

    ONTARIO – Detour Gold of Toronto has completed a bought deal financing worth $428 million with which to finish construction at its Detour Lake gold mine 185 km northeast of Cochrane. The underwriters, led by BMO Capital Markets and TD…

  • News

    GOLD DEVELOPMENT: Funding secured for completion of Detour Lake mine, mill

    July 18, 2011 by Canadian Mining Journal Staff

    ONTARIO – Toronto’s Detour Gold has arranged a $372-million bought deal, the bulk of which will be used to complete the Detour Lake gold project 185 km northeast of Cochrane. A syndicate of underwriters led by BMO Capital Markets and TD…

  • News

    GOLD DEVELOPMENT: Detour Gold lays out $20-M exploration program

    June 23, 2011 by Canadian Mining Journal Staff

    ONTARIO – Toronto’s Detour Gold has bumped up its 2011 exploration budget to $20 million from $14 million. The company will drill various targets near the Detour Lake deposit, at Sunday Lake and at Block A. Detour is earning a 50% interest in…

  • News

    EQUIPMENT: Detour Gold to by Cat trucks from Toromont

    February 3, 2011 by Canadian Mining Journal Staff

    TORONTO – Detour Gold has agreed to purchase the mining truck fleet for its Detour Lake gold mine in northern Ontario from Toromont Industries. The fleet will include 23 Caterpillar 795F, 322-t haul trucks and ancillary equipment. Detour has…

  • News

    GOLD RESERVES: Detour Lake number grows to 14.9M oz at $850-gold

    February 1, 2011 by Canadian Mining Journal Staff

    ONTARIO – Toronto-based Detour Gold has updated the reserve numbers for its Detour Lake gold project being readied for production in 2013. Using a gold price of US$850/oz, the company estimates that there are 14.9 million oz of gold in proven…

  • Feature

    Paved to Gold

    February 1, 2011 by Russell Noble

    Situated at the end of Hwy 652 North, a paved road in the Sunday Lake Area, about 180 km northeast of Cochrane, is the site of the Detour Lake Project, a massive gold undertaking by Detour Gold that has already been called “the largest pure…

  • ABORIGINAL RELATIONS: Detour Gold, Moose Cree ink deal for Detour Lake project

    January 26, 2011 by Canadian Mining Journal Staff

    TORONTO – Detour Gold and Moose Cree First Nation (MCFN) have executed an agreement with respect to the development and operation of the company’s Detour Lake gold project in northeast Ontario. Ceremonial signings will take place the PDAC…

  • News

    GOLD DEVELOPMENT: Construction begins at Detour Lake

    January 12, 2011 by Canadian Mining Journal Staff

    ONTARIO – Detour Gold Corp. of Toronto has begun infrastructure construction at its Detour Lake gold project 150 km northeast of Cochrane. The company has received both the construction permit and power line permit from the province. Work has…

  • BENEFIT AGREEMENT: Detour Gold, Wahgoshig ink deal for Detour Lake project

    December 22, 2010 by Canadian Mining Journal Staff

    ONTARIO  – Detour Gold Corp. of Toronto and Wahgoshig First Nation (WFN) have signed an impact benefit agreement with respect to the development and operation of the company’s Detour Lake gold mine about 180 km northeast of Cochrane. Both…

  • News

    CAPITAL SPENDING: OMA outlines plans worth $8.5-B in Ontario

    December 9, 2010 by Canadian Mining Journal Staff

    New mines and mine expansions are reinforcing the mineral sector’s role in the foundation of Ontario’s economy. Ontario’s economy is going through the pains of transformation as it moves from a manufacturing base to a service and knowledge…

  • GOLD DEVELOPMENT: Detour raises US$500-M for work on new mine

    December 6, 2010 by Canadian Mining Journal Staff

    ONTARIO – Detour Gold Corp. of Toronto has closed a US$500-million private placement of unsecured convertible notes. The notes, bearing a 5.5% rate, will mature on Nov. 30, 2017. Half of the notes was purchased by a syndicate of underwriters…

  • News

    GOLD DEVELOPMENT: Construction to begin on Detour Lake gold mine

    November 8, 2010 by Canadian Mining Journal Staff

    ONTARO – Detour Gold Corp., headquartered in Toronto, has received the okay to being construction of its new g…