Porcupine mine
Vintage Postcard showing operations at McIntyre Porcupine Mines | |
| Location | |
|---|---|
Porcupine mine Location in Canada | |
| Location | Timmins |
| Province | Ontario |
| Country | Canada |
| Coordinates | 48°27′46″N 81°14′28″W / 48.4627°N 81.2412°W |
| Production | |
| Products | Gold |
| Owner | |
| Company | Discovery Silver |
| Website | Porcupine Operations |
The Porcupine mine is one of the largest gold mines in Canada and in the world.[1] The mine is located in Timmins, Ontario.[1] The mine has estimated reserves of 4.35 million oz (123.32 tonnes) of gold.[1] In January 2025, Newmont, the current owners of the mine, announced a deal to sell the mine to Discovery Silver for US$425 million.[2] In April 16, 2025, the deal was completed.[3]
See also
References
- ^ a b c "Porcupine - Overview & Operating Highlights". goldcorp.com. 2013. Retrieved 2013-06-18.
- ^ "Newmont selling Porcupine mining operation to Discovery Silver". Financial Post. 27 January 2025. Retrieved 29 January 2025.
- ^ "Discovery Silver completes Porcupine deal". Mining Weekly. 16 April 2025. Retrieved 1 May 2025.
48°27′46″N 81°14′28″W / 48.4627°N 81.2412°W