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. It is a big site that is far from the trans canada hwy. 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. 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. Nevada gold mines is a joint venture between barrick gold corporation 61.
Musselwhite mine uses a gold cyanidation and cip carbon in pulp extraction process. Newmont is an equal opportunity employer and we strive to provide numerous employment opportunities to local residents near our operations. Underground mine supervisor former employee red lake, on 4 may 2020. Red lake almost seems like a forgotten asset for investors of goldcorp nyse. Likely targets would be red lake, musselwhite and porcupine from goldcorp s mines and possibly newmonts ghanas mines, according to walker. At 2,224 hectares, we hold one of the largest land packages in the red lake area. The dixie project is a 9,140hectare highgrade gold project located 25 kilometers southwest of red lake, ontario. Red lake gold mines canadian mining journalcanadian. Goldcorps red lake is one of the worlds richest gold mines. Newmont ranked top miner in newsweeks list of americas most responsible companies. Gold eagle strikes it rich with goldcorp acquisition. Bounty gold corp is strategically located in the prolific red lake gold mining district. 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. Oct 25, 2012 goldcorp profit surges as mine operations improve goldcorp inc.
In canada, goldcorp operations include three mines in the province of ontario. Red lake airport looks to ottawa for infrastructure funds. The red lake mine produced a record 552,000 oz au in 2004 at. Agnicoeagle president and coo eberhard scherkus was familiar with the ground, having worked for another company when the cochenor mine closed. Tom states west red lake plans to expand their gold resource, which is currently a little over a million ounces of about 7. Newmont goldcorp faces red lake flood threat resource. Red lake council considers longterm impacts of layoffs. Welcome to the red lake gold mines recreation centre. Mining, exploration take a beating sudbury mining solutions. I have been working at goldcorp fulltime for less than a year. 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. Conquest commences drilling from goldcorp red lake mine property. Acoustic zoom also had the opportunity to negotiate a proofofconcept at a goldcorp location. Goldcorp job cuts devastate red lake as ontario town loses.
Goldcorps gg ceo charles jeannes on q2 2015 results. The announcement followed the layoff of 330 at rubicon in november for a total of more than 400. Community members in red lake are still dealing with yesterdays news. Our facility is open to the public and offers a variety of services. The combined company, called newmont goldcorp, now has operations in the americas, australia and ghana, producing between 6. Newmonts goldcorp gamble may need drastic surgery to pay off. Arthur whitedickenson minehas come on strong over the last four years, developing into what 100%owner goldcorp inc. The aerodrome is still quite active and daily you can watch the arrival and departure of flights to flyin destinations. Apr 14, 2011 toronto, ontariomarketwire 041411 conquest resources limited tsxv. Its located in ontarioone of the worlds most prolific gold districts. Very difficult to get support for new ideas or technology that would help make products and work more uptodate and cutting edge. Background located in one of the worlds most prolific gold districts, red lake is goldcorps top producing gold mine. Newmonts goldcorp gamble may need drastic surgery to pay.
However, the company said it expects those operations will partially restart on july 9, 2019. Sep 23, 2019 newmont goldcorp photo corporate and political dignitaries gathered outside chapleau for the official opening of newmont goldcorp s borden mine. This section needs additional citations for verification. We have about 1500 people here, so this is about 7% of the overall employment. Jun 18, 2018 acoustic zoom also had the opportunity to negotiate a proofofconcept at a goldcorp location.
Likely targets would be red lake, musselwhite and porcupine from goldcorps mines and possibly newmonts ghanas mines, according to walker. Jun 30, 2017 the airport is a critical asset to red lakes economy. Newmont recognized for strong environmental, social and governance performance. The airport is a critical asset to red lakes economy. West red lake gold chairman on goldcorp joint gold project. United states all cities colorado denver, co, us area boulder, co, us area colorado springs, co, us area. Goldcorp profit surges as mine operations improve financial. Red lake, on south porcupine, on timmins, on quebec baiejames, qc chibougamau, qc. Production and office staff, about 100, we are not that big and this will hurt us. The worlds biggest gold miner, newmont goldcorp nyse. Goldcorp red lake gold mines box 2000, balmertown, on. 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. Newmont goldcorp considers potential of selling red lake gold mines.
Infrastructure in the region includes allseason road access and. Our friendly staff and knowledgable instructors aim to always provide you with the best recreational experience. Newmont brings first autonomous haulage fleet to gold mining industry. Newmont goldcorp to divest stake in kcgm to northern star. 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. Newmont goldcorp suspends operations at northern ontario mine. Goldcorp sees the potential in west red lake gold mines. A t the recent mines and money americas conference in toronto, west red lake gold mines inc. Sonoco, domtar win safety excellence awards from workplace. The airport is a critical asset to red lake s economy.
Newmont goldcorp successfully reaches agreement to sell red lake. The red lake mine is one of the largest gold mines in canada and in the world. Goldcorp settles fouryear strike at canadas red lake. Likely targets would be red lake, musselwhite and porcupine from goldcorps mines and possibly newmonts ghanas mines, according to. Search 21 jobs now available in red lake, on on, the worlds largest job site. 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. Inconsistent goals, objectives and constant undercutting people who do the work. The community will be affected as its hard to find jobs right now. Newmont goldcorp suspends operations at northern ontario.
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. The environment creates managements look at me attitude amongst the teams. Barrick gold corporation operations nevada gold mines. Not only is the project 20 kilometers west of goldcorp inc. Please click on the links above to access more information about our facility and the programs we offer. Newmont reports 2019 gold mineral reserves of 100 million ounces, largest in company history.
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. Goldhawk and night hawk lake mine in the district of. He also shares the companys goals for its fall drill. Cqr newsis pleased to announce that the company has commenced drilling from goldcorp s red lake gold mines ltd.
Newmont goldcorp cuts ribbon on chapleauarea gold mine. Goldcorp job cuts devastate red lake as ontario town. 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. Ngttsx, nemnyse announced sunday july 7 that partial underground operations at its red lake, ontario operations have been on pause since july 3. If you apply to a job, you will be treated as a referral from me. The mine is located in the centre of the country in ontario. Gold production at red lake increased 31% from the prior. Newmont goldcorp considers potential of selling red lake gold. Ngt confirmed on friday in a press release that its red lake mine in. Toronto one of the longest strikes in canadian mining history a nearly fouryear walkout at the goldcorp inc.
The twin gold mines red lake and campbell in balmertown, ontario share a deep, highgrade orebody. Steel announces more closures and expects 2,700 layoffs. Goldcorp red lake, ontario local business facebook. 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. Gold prospectivity maps of the red lake greenstone belt.
Tocumen international airport has one of the highest growth rates in passenger demand in the region a. Inflexible hours for working mothersfathers, no matter how efficient the employee which makes being a working family nearly impossible. The ore then travels once through a jaw crusher and through a series of conveyor belts and continuously along a cone crusher rock. 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. A partial restart indicates that a portion of the mine will remain suspended with no timeline provided for a restart. As part of the investment, sergio espinosa, director of geophysics at goldcorp, will join acoustic zooms board of directors. 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. Social sharing red lake operations produced over 375,000 ounces of gold in 2015. New ceo suggesting red lake mining operations could be sold. 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.
A decline in gold prices is having an impact on mining activity in red lake, where more than 400 have been laid off. The park features an authentic noorduyn norseman static display and scenic lookout over red lake s historic howey bay. The mine is located in northwestern ontario at red lake. Goldcorp canada mines more gold in 2014 market realist. 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. Goldcorps red lake production is about to get a shot in. 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. Newmont goldcorp faces red lake flood threat resource world.
Map showing the location of the mine, near the centre of the image. Find everything you need to know about goldcorp red lake gold mines on yellowpages. Management thinks they are gods and makes all employees think about themselves. Red lake mine in northwestern ontario has ended, the company said friday. The musselwhite mine is one of the largest gold mines in canada and in the world. Newmonts incoming ceo says no fire sale coming for assets bnn. Not much, poor management, cutthroat team environment. 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. Unkown current employee red lake, on 22 january 2019. Great bear new high grade gold discovery in red lake, ontario. Goldcorp job cuts devastate red lake as ontario town loses 3 per cent of workforce the town of red lake, ont.
Please help improve this article by adding citations to reliable sources. Gg q2 2015 earnings conference call july 30, 2015 1. Newmont goldcorps operation in the camp includes the red lake and campbell underground mines and mills, plus the cochenour mine. Each of three claim groups occupies a favourable position along key deformation zones. If you like others throwing others under the bus constantly, work here. If you want to go to work and feel motivated, dont apply here, you wont find. Canadas first allelectric mine features leadingedge health and safety controls, digital mining technologies and processes, and a batterypowered fleet of lowcarbon energy vehicles. Blackwater, a goldsilver project in british columbia.
Goldcorp already has one of the strongest balance sheets in the industry with a debttoequity ratio of only about 0. Newmonts goldcorp gamble may need drastic surgery to. Investors are curious about newmontgoldcorps updated. Once the crown jewel of the company, it has lost some of its luster in recent years. The red lake mining district has produced over 22 million ounces of gold through. Newmont goldcorp says it has idled underground mining operations at its red lake mine in northern ontario. 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. 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. Our quality assets have significant exploration potential and are key drivers of our industryleading financial performance and balance sheet strength. Ball na stromatolites in cherty marble unit within the ca. Downsizing related discussion, postings, questions and answers. If you want to go to work and feel motivated, dont apply here, you wont. New gold has a portfolio of two core producing assets and a development project located in canada, a toprated, politically secure, mining friendly jurisdiction. If you value relationships, this place will make you think everyone in the world is a devious con artist.
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