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In a statement provided to CBC News, a ministry spokesperson said a worker at Goldcorp's Musselwhite mine was found unresponsive on Saturday, Feb. 2. The mine is located in the centre of the country in Ontario. Mining News, Junior Mining News, Mining Stats, Mining Insights. The miner now expects to produce about 1.4 million attributable gold ounces and 325,000 co-product gold-equivalent ounces in the first quarter. Main reasons of poor performance at Musselwhite were continuing rehabilitation of the underground conveyor following the fire in March 2019 and suspension of operations on March 22, 2020 in response to the COVID-19 pandemic. Read the newsletter for all the latest City information. The interval includes a higher-grade 45-metre interval of 1.18% copper, 1.01 g/t gold and 4 g/t silver (2.13% copper-equivalent) from 401 metres. Want to read more stories about business in the North? Prestea mine, owned by Golden Star and located in Ghana, is third highest cost gold mine worldwide with AISC of $2,248/oz in Q1 2020. Musselwhite is a fly-in, fly-out operation located about 500 km north of Thunder Bay, Ontario. Gold production at Musselwhite was limited to 3,000 gold ounces since the completion of the acquisition of the Musselwhite mine site as part of the Newmont Goldcorp transaction. Musselwhite initially operated both open-pit and underground mines, open-pit production having been designed to ensure mill feed at a rate of 3,300t/d for about five years following mill commissioning. had earlier forecast attributable gold production of 6.4 million ounces this Let’s now look at what is going on the opposite side of the spectrum. Newmont’s Musselwhite mine in Canada is second highest cost gold mine worldwide with AISC of $2,602/oz in Q1 2020. NEWMONT MUSSELWHITE MINE. Newmont (NYSE: NEM, TSX: NGT), the world’s largest gold miner, withdrew on Monday its full-year 2020 guidance after placing four of its operations into temporary care and maintenance as part of global efforts to contain the Covid-19 pandemic. Main reasons of poor performance at Musselwhite were continuing rehabilitation of the underground conveyor following the fire in March 2019 and suspension of operations on March 22, 2020 in response to the COVID-19 pandemic. Use our directory to find a City contact. The woman is from the remote nearby Weagamow Lake 87 Indian Reserve. Initially discovered in the early 1960s by. An all-weather road connects the mine to the community of Pickle Lake, about 200 km to the south. Newmont’s Musselwhite mine in Canada is second highest cost gold mine worldwide with AISC of $2,602/oz in Q1 2020. Your email address will not be published. Required fields are marked *. The Musselwhite mine is one of the largest gold mines in Canada and in the world. (. At its Musselwhite mine in Ontario and Eléonore, in Quebec, Canada, Newmont is limiting staff to prevent possible transmission. This, coupled with the expected significant resource reduction, significantly impacted performance at the Gold Bar mine. Newmont-Musselwhite Mine. Address: 979 Alloy Drive. Click on SATELLITE button on the map to see the satellite photo of this map. Scroll below the map to see the Street View of Musselwhite Mine Road. Pouring gold at Musselwhite. AISC per ounce increased 21% year-over-year mainly due to lower gold sales as a result of lower underground production and the shipment deferral of the last shipment in Q1 2020 which amounted to 528 ounces. 280 likes. (807) 928-2200 Last week, the company announced it would scale down operations at its Yanacocha gold mine in Peru due to in-country restrictions. The Musselwhite mill with grinders in the foreground. On March 26, 2020 McEwen made the decision to temporary scale back operations at the Gold Bar mine due to concerns related to COVID-19 and maintaining social distancing requirements. In a statement provided to CBC News, a ministry spokesperson said a worker at Goldcorp's Musselwhite mine was found unresponsive on Saturday, Feb. 2. Harmony Gold’s Kusasalethu mine in South Africa is fifth highest cost gold mine with $1,908/oz AISC in Q1 2020. Parks, Campgrounds and Conservation Areas, Advertising and Sponsorship Opportunities, Mining and Mineral Exploration Job Opportunities, https://www.newmont.com/operations-and-projects/global-presence/north-america/musselwhite-canada/, View Full A-Z DirectoryFreedom of InformationDepartmentsSitemapSubscribeWebsite Technical Issue, Disclaimer and Copyright Notice © 2018 City of Thunder Bay, 500 Donald Street E. P.O.

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