Goldcorp prepared to extend Timmins’ 100-year gold rush – by Frank Giorno (Northern Ontario Business – December 6, 2016)

https://www.northernontariobusiness.com/

Area west of Timmins ‘underexplored and underdeveloped for gold mining’

Marc Lauzier, the general manager of Porcupine Gold Mines and Goldcorp’s operations in the Timmins gold camp, provided a vision for growth at two locations that could extend mining will into the 2030 and beyond.

Speaking at a Timmins Chamber of Commerce luncheon on Dec. 2, Lauzier detailed the present and future gold mining projects like Probe Mine at Borden Lake, near Chapleau, and the potential for developing the Project Century open pit at site of the current Dome open pit and Dome underground mine, which would engulf an area almost four times the current operation in South Porcupine.

With the eventual projected operations at Probe Mine and with Project Century fully on stream, an expansion of the Dome Mill’s capacity of 12,000 tonnes per day will also be required. Lauzier kicked off his talk by pointing out the importance of Goldcorp and its predecessor companies — Placer Dome, Hollinger and McIntyre Mine — to Timmins’ economic and culture. Goldcorp inherited a 106 years of tradition.

The company contributes well-paying jobs with average salaries of about $70,000 for 750 employees and 250 contractors. It contributes $108 million annually in the purchases of local goods and services from Timmins and area.

In addition, Goldcorp contributes $900,000 annually to various charities and sponsorships for local sports and cultural organizations.

“I recall asking during the 20/20 process for developing the future plan for Timmins’ growth what focus mining would have in the plan and I was told mining would be de-emphasized in the 20/20 plan,” recalled Lauzier.
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