Construction of Gogama gold mine could start by year’s end

You can use your smart phone to browse stories in the comfort of your hand. Simply browse this site on your smart phone.

Using an RSS Reader you can access most recent stories and other feeds posted on this network.

SNetwork Recent Stories

Construction of Gogama gold mine could start by year’s end – TimminsToday

by ahnationtalk on July 2, 2020329 Views

IAMGOLD clears site for open pit development, grinds through engineering and permitting work

IAMGOLD expects to make a construction decision in the coming months for a $1-billion open-pit gold mine near Gogama.

The Toronto mid-tier mining company indicated in a June 29 news release that it’s leaning toward commencement of the Côté Gold Project later this year with an anticipated project completion date of mid-2023.

But first, IAMGOLD wants to consult with its joint venture partner, Sumitomo Metal Mining, a 30 per cent owner in the project, before making a formal decision.

The company also wants appropriate pandemic-related health and safety work protocols in place before greenlighting development.