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Oct 16, 2019 · Even stranger still, perhaps, is an enduring belief among some that Ontario’s first gold mine could be the epicentre of Canada’s next gold rush, a mere two-hour drive northeast of downtown Toronto. The historical plaque in Eldorado, Ont. Photo by Peter J. Thompson/National Post
Oct 16, 2019 · Woodside didn’t appreciate the comment, but it wasn’t entirely uncalled for, not after he explained that the place she hoped would change her life had changed other lives when the Richardson gold mine, Ontario’s first, was discovered beneath it in 1866. “I didn’t know anything about rocks or mines or the story of Eldorado,” she said.
Feb 3, 2015 · The Richardson Mine closed in 1869 and the boomtown dwindled. In the hustle for gold, other mines sprang up in Hastings County. Bannockburn, Deloro, Cordova, Marmora and Golden Fleece, to name a ...
Aug 28, 2024 · The White Elephant mine, located in the Fintry area, 25 km's southwest of Vernon, had been one of the most prosperous across the province in the mid-1900s, as it operated from 1912-1935. In a two year span (1933-1935), the mine produced almost 50,000 grams of gold, which was equivalent to $61,443 in 1935, when the gold per ounce price was at ...
May 24, 2024 · IAMGOLD’s Cote Gold open pit mine, located off Highway 144 between Timmins and Sudbury, had its official ribbon-cutting ceremony this week as production ramps up. Cote primarily produces gold, with silver as a by-product. “Our production is growing, we’re still not at nameplate capacity yet,” said Bryan Wilson, general manager of Cote Gold.
Sep 10, 2024 · A combined open-pit and underground mine could produce an average of 518,000 oz. gold a year at an all-in sustaining cost of $812 per oz. over the first eight years of an initial 12-year mine life ...
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May 29, 2023 · Ontario's gold rush not only represents a significant chapter in the province's history but also continues to have a profound impact on its economy. The gold industry plays a crucial role in job creation, revenue generation, and community development, making it a vital contributor to Ontario's economic growth. This article explores the ways in ...
