TIMMINS – Timmins, Gogama, Mattagami First Nation and Sudbury are all expected to benefit from the creation of the North’s newest gold mine, the IAMGOLD Corporation Cȏté Lake project.
The property is located 27 kilometres south of Gogama and 132 kilometres south of Timmins. The company revealed Tuesday that ground-clearing is expected to happen there by this time next winter.
The construction phase could create as many as 1,200 jobs over two years with the operational phase having 400 to 500 jobs. It’s a brighter story now than it was back in August 2015 when IAMGOLD revealed it was temporarily suspending the project and laying off workers, going from 33 permanent employees down to two. Continue Reading →