Much of the aviation traffic is miningrelated with charter aircraft shuttling transient workers on a rotational basis in and out of the goldcorp s red lake mine complex, as well as catering to some of the smaller mining companies like pure gold and rubicon. Red lake airport looks to ottawa for infrastructure funds. Barrick gold corporation operations nevada gold mines. Unkown current employee red lake, on 22 january 2019. The announcement followed the layoff of 330 at rubicon in november for a total of more than 400. Sep 23, 2019 newmont goldcorp photo corporate and political dignitaries gathered outside chapleau for the official opening of newmont goldcorp s borden mine.
Newmont reports 2019 gold mineral reserves of 100 million ounces, largest in company history. In this article, resource maven gwen preston discusses possible target west red lake gold mines and how this company is shaping up to take advantage of the. Goldcorp settles fouryear strike at canadas red lake. Management thinks they are gods and makes all employees think about themselves. Our facility is open to the public and offers a variety of services. Jun 30, 2017 the airport is a critical asset to red lakes economy. Newmont goldcorp considers potential of selling red lake gold mines. Community members in red lake are still dealing with yesterdays news. Newmonts goldcorp gamble may need drastic surgery to pay off. I have been working at goldcorp fulltime for less than a year. The twin gold mines red lake and campbell in balmertown, ontario share a deep, highgrade orebody. Newmont goldcorp suspends operations at northern ontario. However, the company said it expects those operations will partially restart on july 9, 2019.
Musselwhite mine uses a gold cyanidation and cip carbon in pulp extraction process. Agnicoeagle president and coo eberhard scherkus was familiar with the ground, having worked for another company when the cochenor mine closed. Tbt engineerings role in 2012, tbt engineering was retained by the client to carry out a geotechnical investigation for a proposed hydro line expansion to goldcorp inc. Each of three claim groups occupies a favourable position along key deformation zones. Newmont is an equal opportunity employer and we strive to provide numerous employment opportunities to local residents near our operations. Conquest commences drilling from goldcorp red lake mine property.
In canada, goldcorp operations include three mines in the province of ontario. We have about 1500 people here, so this is about 7% of the overall employment. Sonoco, domtar win safety excellence awards from workplace. Goldcorp already has one of the strongest balance sheets in the industry with a debttoequity ratio of only about 0. It is a big site that is far from the trans canada hwy. The red lake mine is one of the largest gold mines in canada and in the world. As part of the investment, sergio espinosa, director of geophysics at goldcorp, will join acoustic zooms board of directors. The red lake mine produced a record 552,000 oz au in 2004 at. Newmont goldcorp suspends operations at northern ontario mine. The airport is a critical asset to red lake s economy. Goldcorps red lake production is about to get a shot in. The musselwhite mine is one of the largest gold mines in canada and in the world. Goldcorps gg ceo charles jeannes on q2 2015 results. Nevada gold mines is a joint venture between barrick gold corporation 61.
Goldcorp job cuts devastate red lake as ontario town. Ball na stromatolites in cherty marble unit within the ca. The combined company, called newmont goldcorp, now has operations in the americas, australia and ghana, producing between 6. Its located in ontarioone of the worlds most prolific gold districts. Kirkland lake gold is a growing gold producer that is again on track to produce 950,000 1,000,000 ounces in 2020 from highquality mines in canada and australia. Not only is the project 20 kilometers west of goldcorp inc. Goldcorp job cuts devastate red lake as ontario town loses 3 per cent of workforce the town of red lake, ont.
Goldhawk and night hawk lake mine in the district of. Our quality assets have significant exploration potential and are key drivers of our industryleading financial performance and balance sheet strength. Tom states west red lake plans to expand their gold resource, which is currently a little over a million ounces of about 7. The worlds biggest gold miner, newmont goldcorp nyse. Current gold production is around 700,000 ounces per year from the campbell mine of placer dome and the dickenson red lake mine of goldcorp. Likely targets would be red lake, musselwhite and porcupine from goldcorps mines and possibly newmonts ghanas mines, according to. Wsn evaluates statistical performance both in terms of yearoveryear performance of the individual company, and performance against a specific workplace safety and insurance board rate group of peers. Goldcorps red lake is one of the worlds richest gold mines. The property is immediately west of goldcorps red lake and campbell mine complex, and is just southwest of an old producer, goldcorps cochenourwillans mine, which closed in 1971. Red lake council considers longterm impacts of layoffs. A partial restart indicates that a portion of the mine will remain suspended with no timeline provided for a restart. Newmont goldcorp says it has idled underground mining operations at its red lake mine in northern ontario. Likely targets would be red lake, musselwhite and porcupine from goldcorps mines and possibly newmonts ghanas mines, according to walker. Newmont goldcorps operation in the camp includes the red lake and campbell underground mines and mills, plus the cochenour mine.
The aerodrome is still quite active and daily you can watch the arrival and departure of flights to flyin destinations. Much of the aviation traffic is miningrelated with charter aircraft shuttling transient workers on a rotational basis in and out of the goldcorps red lake mine complex, as well as catering to some of the smaller mining companies like pure gold and rubicon. West red lake gold chairman on goldcorp joint gold project. Newmont goldcorp faces red lake flood threat resource. Underground mine supervisor former employee red lake, on 4 may 2020. On tuesday, palmer said the company was forging ahead with its planned sale of red lake, a former goldcorp asset, and has fielded interest from about a.
Cqr newsis pleased to announce that the company has commenced drilling from goldcorp s red lake gold mines ltd. Newmont goldcorp faces red lake flood threat resource world. Jun 18, 2018 acoustic zoom also had the opportunity to negotiate a proofofconcept at a goldcorp location. Executive chairman tom meredith told smallcappower why goldcorp has taken an interest in the west red lake gold project, the particular area where they see the most potential and why they see similarities to the mammoth red lake gold mine. Mining, exploration take a beating sudbury mining solutions. Gold eagle strikes it rich with goldcorp acquisition. Red lake mine in northwestern ontario has ended, the company said friday. Ore is extracted via a blast hole process and moved via a series of scooptrams and underground dump trucks to one of 2 rockbreakers, either on the surface or at a 400 meter level. Toronto one of the longest strikes in canadian mining history a nearly fouryear walkout at the goldcorp inc. Likely targets would be red lake, musselwhite and porcupine from goldcorp s mines and possibly newmonts ghanas mines, according to walker. For the nine months ending september 30th, goldcorp produced 275,800 ounces from red lake and 189,100 ounces from musselwhite, 480 kilometres north of thunder bay. If you want to go to work and feel motivated, dont apply here, you wont find. Infrastructure in the region includes allseason road access and. If you want to go to work and feel motivated, dont apply here, you wont.
Goldcorp job cuts devastate red lake as ontario town loses. The red lake mining district has produced over 22 million ounces of gold through. Much of the aviation traffic is miningrelated with charter aircraft shuttling transient workers on a rotational basis in and out of the goldcorps red lake mine complex, as well as catering to some of. Feb 19, 2016 for the nine months ending september 30th, goldcorp produced 275,800 ounces from red lake and 189,100 ounces from musselwhite, 480 kilometres north of thunder bay. This section needs additional citations for verification. Background located in one of the worlds most prolific gold districts, red lake is goldcorps top producing gold mine. Newmont goldcorp considers potential of selling red lake gold. Newmont recognized for strong environmental, social and governance performance. Newmonts incoming ceo says no fire sale coming for assets bnn.
Welcome to the red lake gold mines recreation centre. Social sharing red lake operations produced over 375,000 ounces of gold in 2015. Goldcorp sees the potential in west red lake gold mines. Acoustic zoom also had the opportunity to negotiate a proofofconcept at a goldcorp location. Apr 14, 2011 toronto, ontariomarketwire 041411 conquest resources limited tsxv. Bounty gold corp is strategically located in the prolific red lake gold mining district. Goldcorp canada mines more gold in 2014 market realist. Production and office staff, about 100, we are not that big and this will hurt us. The mine is located in the centre of the country in ontario. Arthur whitedickenson minehas come on strong over the last four years, developing into what 100%owner goldcorp inc. Please click on the links above to access more information about our facility and the programs we offer. Mar 14, 20 goldcorp expects production for 20 in the range of 2. Red lake gold mines rivals since 1949 when they began pouring gold, the campbell and the red lake mines have at different times each been called the worlds richest gold mine.
Goldcorp red lake gold mines box 2000, balmertown, on. Find everything you need to know about goldcorp red lake gold mines on yellowpages. If you apply to a job, you will be treated as a referral from me. Newmonts goldcorp gamble may need drastic surgery to pay. Ngt confirmed on friday in a press release that its red lake mine in. Newmont goldcorp to divest stake in kcgm to northern star. Corporate and political dignitaries gathered outside chapleau for the official opening of newmont goldcorps borden mine canadas first allelectric mine features leadingedge health and safety controls, digital mining technologies and processes, and a batterypowered fleet of lowcarbon energy vehicles borden is headed toward commercial production for the fourth quarter of this year.
Oct 25, 2012 goldcorp profit surges as mine operations improve goldcorp inc. The park features an authentic noorduyn norseman static display and scenic lookout over red lake s historic howey bay. Search 21 jobs now available in red lake, on on, the worlds largest job site. Newmont goldcorp successfully reaches agreement to sell red lake.
Red lake gold mines canadian mining journalcanadian. Downsizing related discussion, postings, questions and answers. Inconsistent goals, objectives and constant undercutting people who do the work. Mine of the future mdec 2017 goldcorps borden gold mine of the future project will be the first underground mine in canada to replace all diesel mobile equipment with battery electric vehicles bevs historically, mining is a capitally in tense industry which reduces risk appetite. He also shares the companys goals for its fall drill. Red lake almost seems like a forgotten asset for investors of goldcorp nyse. Inflexible hours for working mothersfathers, no matter how efficient the employee which makes being a working family nearly impossible.
The red lake gold district is host to some of the richest gold deposits in the world and has produced nearly 30 million ounces of gold from high grade zones. The community will be affected as its hard to find jobs right now. The dixie project is a 9,140hectare highgrade gold project located 25 kilometers southwest of red lake, ontario. Newmont goldcorp cuts ribbon on chapleauarea gold mine. Newmont brings first autonomous haulage fleet to gold mining industry. Canadas first allelectric mine features leadingedge health and safety controls, digital mining technologies and processes, and a batterypowered fleet of lowcarbon energy vehicles. A t the recent mines and money americas conference in toronto, west red lake gold mines inc. Not much, poor management, cutthroat team environment.
Very difficult to get support for new ideas or technology that would help make products and work more uptodate and cutting edge. Campbell underground operator current employee red lake, on 12 september 2019 working with a great group of guys that make you a better person teamwork when you need a hand they are always there learnt so much and continue learning everyday a diversed group with alot of different cultures just enjoyable everything the guys management fun. Gg q2 2015 earnings conference call july 30, 2015 1. Tocumen international airport has one of the highest growth rates in passenger demand in the region a. Red lake gold mines in general is a great place to work live and play mill projects supervisor current employee red lake, on 3 september 20 a typical day consists of supervising up to 30 part time contractors for various projects surface and underground i have learned a lot about the installation and commissioning of various types of. New gold has a portfolio of two core producing assets and a development project located in canada, a toprated, politically secure, mining friendly jurisdiction. Steel announces more closures and expects 2,700 layoffs. Gold prospectivity maps of the red lake greenstone belt.
The airport is a critical asset to red lakes economy. Investors are curious about newmontgoldcorps updated. United states all cities colorado denver, co, us area boulder, co, us area colorado springs, co, us area. Map showing the location of the mine, near the centre of the image. Gold production at red lake increased 31% from the prior. Once the crown jewel of the company, it has lost some of its luster in recent years.
Our friendly staff and knowledgable instructors aim to always provide you with the best recreational experience. Ngttsx, nemnyse announced sunday july 7 that partial underground operations at its red lake, ontario operations have been on pause since july 3. Newmont ranked top miner in newsweeks list of americas most responsible companies. Great bear new high grade gold discovery in red lake, ontario. Goldcorp red lake, ontario local business facebook. The mine is located in northwestern ontario at red lake. Red lake, on south porcupine, on timmins, on quebec baiejames, qc chibougamau, qc. Goldcorp profit surges as mine operations improve financial. A decline in gold prices is having an impact on mining activity in red lake, where more than 400 have been laid off. Blackwater, a goldsilver project in british columbia. At 2,224 hectares, we hold one of the largest land packages in the red lake area. Sonoco trenton also picked up a workplace excellence award, along with domtars dryden mill.
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