IAMGOLD’s Cote Mine officially opens with ribbon cutting ceremony
After nearly four years of construction, IAMGOLD’S ‘Cote Mine’ is officially open.
Bryan Wilson (left), Cote Mine’s General Manger, hosted company officials, its partners from Japan’s Sumitomo Metal Mining and from local Indigenous Communities for an onsite celebration. (Lydia Chubak/CTV News Northern Ontario)
In honour of the teamwork needed to make the operations happen, company officials hosted a ribbon-cutting ceremony and luncheon on the grounds of its large open pit gold mine on Wednesday.
Cote Mine is a 60-40 joint venture between IAMGOLD and Japan’s Sumitomo Metal Mining Company.
Exploration activities have been ongoing since the early 1900s, but it wasn’t until those two companies partnered to construct a $3 billion operation, that it’s now a reality.
Mine officials said it’s created employment for hundreds of people in the area.
“At the peak… we had about 1,950 people," said Bryan Wilson, the mine's general manager.
"We're going to level out at about 700 to 800 people so there will be a lot of jobs here.”
To celebrate Cote Mine's official grand opening, officials with IAMGOLD hosted a ribbon cutting ceremony and luncheon on the grounds of its large open pit gold mine on May 22, 2024. (Lydia Chubak/CTV News Northern Ontario)
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
Cote Mine is located on Sultan Industrial Road, near Gogama.
CTVNews.ca Top Stories
FORECAST Weather warnings issued in 6 provinces and territories
Wintry weather conditions, including heavy snow and wind chill values around -55, prompted warnings in six provinces and territories early Thursday morning.
LIVE UPDATES The Latest: FBI investigating New Year's Day attack in New Orleans that killed at least 15 people
The FBI is investigating an early Wednesday attack in which a U.S. Army veteran drove a pickup truck into a crowd of New Year's revelers in New Orleans, killing 15 people. Here's the latest.
Who are Canada's top-earning CEOs and how much do they make?
Canada's 100 highest-paid CEOs earned $13.2 million on average in 2023 from salaries, bonuses and other compensation, according to the Canadian Centre for Policy Alternatives.
10 people are wounded in a shooting outside a New York City nightclub
Ten people were wounded in a shooting outside a New York City nightclub while they were waiting to get into a private event, police said.
Here's how immigration rules are changing in 2025
Canada's federal government is changing course on immigration with a wave of tighter caps on newcomers and new rules for permanent and non-permanent residents.
'Dinosaur highway' tracks dating back 166 million years are discovered in England
A worker digging up clay in a southern England limestone quarry noticed unusual bumps that led to the discovery of a 'dinosaur highway' and nearly 200 tracks that date back 166 million years, researchers said Thursday.
Jocelyn Wildenstein, 'Catwoman' socialite known for her extreme cosmetic surgery, dies
Jocelyn Wildenstein, the Swiss-born socialite famous for the surgery-enhanced feline features that earned her nicknames in the American press like 'Catwoman,' has died.
opinion 7 tips to give yourself a financial restart this new year
The start of a new year is the perfect time to take control of your finances and set yourself up for success, says personal finance contributor Christopher Liew in a column for CTVNews.ca.
Meet the Danish-Swedish farmdog, the newest breed in the American Kennel Club's lineup
Say hello to the latest dog in the American Kennel Club's lineup of recognized breeds. Or you might say 'hej.'