Huge gold mining milestone for Detour Lake Mine
Canada's second-largest gold mining company, Agnico Eagle Mines, is celebrating a huge production milestone at its site in northern Ontario.
On Wednesday, the crew at Detour Lake Mine celebrated the pouring of its five-millionth ounce of gold since commercial production began in 2013, the company said in a social media post.
Detour Lake Mine workers in front of haul truck celebrate the production of the 5-millionth ounce of gold since commercial production began. (Agnico Eagle Mines)
The mine site is located about 300 kilometres northeast of Timmins.
Gold was first discovered at the mine in 1974 and the first owner produced 1.8 million ounces of gold between 1983 to 1999, Agnico Eagle said.
In September 2021 an increase of 10.1 million ounces in open-pit Measured and Indicated Mineral Resources was announced.
The mine has an expected life of around 22 years.
This news comes as Island Gold Mine breaks ground on its third shaft expansion, IAMGOLD's Côté Gold Project gets ready to open next year and two Far North First Nations get set to begin an environmental assessment for critical infrastructure needed for the Ring of Fire development.
CTVNews.ca Top Stories
Half of Canadians have negative opinion of latest Liberal budget: poll
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
opinion Why you should protect your investments by naming a trusted contact person
Appointing a trusted person to help with financial obligations can give you peace of mind. In his personal finance column for CTVNews.ca, Christopher Liew outlines the key benefits of naming a confidant to take over your financial responsibilities, if the need ever arises.
NEW 'One of the single most terrifying things ever': Canadian couple among tourists on sinking sailing boat tour abroad
A Toronto couple are speaking out about their “extremely dangerous” experience on board a sinking tour boat in the Dominican Republic last week.
'My stomach dropped': Winnipeg man speaks out after being criminally harassed following single online date
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
Ottawa injects another $36M into vaccine injury compensation fund
The federal government has added $36.4 million to a program designed to support people who have been seriously injured or killed by vaccines since the end of 2020.
Photographer alleges he was forced to watch Megan Thee Stallion have sex and was unfairly fired
A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee.
An Ontario senior called Geek Squad for help with his printer. Instead, he got scammed out of $25,000
An Ontario senior’s attempt to get technical help online led him into a spoofing scam where he lost $25,000. Now, he’s sharing his story to warn others.
Accused of burglary at stepmother's home, U.S. senator says she wanted her father's ashes: charges
A Minnesota state senator and former broadcast meteorologist told police that she broke into her stepmother's home because her stepmother refused to give her items of sentimental value from her late father, including his ashes, according to burglary charges filed Tuesday.
Twins from Toronto were Canada's top two female finishers at this year's Boston Marathon
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.