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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]
Dome Mine is situated in the City of Timmins, Ontario, Canada; and was developed during the Porcupine Gold Rush. [1] Last operated by Canadian company Goldcorp, before it became a subsidiary of American company Newmont, it is one of three mines (along with Hoyle Pond underground and Hollinger Open Pit, both still active) owned by Newmont in the Porcupine district in and around Timmins.
Newmont Corporation (NYSE:NEM) plans to sell its Porcupine operation in Ontario, Canada, to Discovery Silver Corp. (OTC:DSVSF) for up to $425 million. The agreement includes $200 million in cash ...
The first discovery of gold was made by William Rowe on what became known (optimistically) as Gold Hill near the Tonto Hills northeast of Cave Creek. The area around Black Mountain was referred to as the Cave Creek Mining District, but the district was never formally established. [4]
Gold miner Discovery Silver said on Monday it would acquire its peer Newmont's stake in Porcupine Operations in Ontario, Canada, for $425 million. Newmont, after buying Australia-based Newcrest ...
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Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado.It is the world's largest gold mining corporation. [2] Incorporated in 1921, it owns gold mines in the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. [3]
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