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

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

by ahnationtalk on July 2, 202094 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.

Read More: https://www.timminstoday.com/local-news/construction-of-gogama-gold-mine-could-start-by-years-end-2534298

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