https://www.engineeringnews.co.za

Detour Gold pours first gold at Ontario mine

19th February 2013

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Canadian project developer Detour Gold has poured the first gold bars at its flagship Detour Lake mine, in Ontario.

The company on Monday said it poured the first four gold bars for about 2 000 oz of gold.

“Our first gold pour is a remarkable milestone in Detour Gold’s transition from a young exploration company to a gold producer,” president and CEO Gerald Panneton said.

He added that the company was excited about what it had accomplished in six years from acquiring the property, to the first gold pour.

The company during September updated the production plan and estimated the openpit operation to hold a 15.6-million-ounce probable and proven gold reserve, contained within 470-million tons of ore grading 1.03 g/t, which was 700 000 oz more than previously expected.

The company’s TSX-listed stock traded at C$20.70 apiece on Tuesday.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.047 1.269s - 140pq - 2rq
Subscribe Now