Detour Gold Corporation Mining News

Detour Gold Reaches 60% Construction Completion at Detour Lake

Detour Gold Corporation (DGC.TO - News) ("Detour Gold" or the "Company") reports on the construction progress of its 100% owned Detour Lake open pit gold mine in northeastern Ontario. 

Detour Gold completes Trade Winds takeover

Detour Gold Corp. has completed its acquisition of Trade Winds Ventures Inc. by acquiring all of the outstanding shares of Trade Winds pursuant to an arrangement under the Business Corporations Act.

Detour Gold obtains another $40 million for mine fleet

Detour Gold has executed a term sheet with Caterpillar Financial Services pursuant to which Cat Financial has agreed to underwrite an additional mining fleet lease facility of some $40 million to fund its acquisition of additional Caterpillar mobile fleet equipment including two rope shovels for the Detour Lake gold project in northeast Ontario.

Detour Gold closes US$105 million financing for mining fleet

Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce the closing of the previously announced agreement with Caterpillar Financial ("Cat Financial") pursuant to which Cat Financial will underwrite US$105 million in […]

Detour hits even more gold beyond pit shell

Drilling beyond the open-pit shell of an already massive gold deposit, Detour Gold is pushing the limits of gold mineralization with new discoveries. Detour Lake keeps getting bigger for Detour Gold (TSX: DGC). Twelve of 20 drillholes collared outside the western extent of its proposed open-pit project in northeastern Ontario — which so far contains proven and probable reserves of 14.9 million ounces gold @ 1.03 g/t gold — hit long gold-mineralized intercepts.

Detour Gold Commences Drilling Program at Conquest's Sunday Lake Property

Detour Gold Corporation has commenced a 2,000-metre diamond drilling program at Conquest's Sunday Lake Property, which is currently under joint venture option to Detour Gold.

Detour Gold up 7% higher after reserve update

On Tuesday Detour Gold rose 7% higher to $28.20 on the TSX after releasing a reserve update for Detour Lake. In a news release, the company highlighted its findings: A 31% increase in proven and […]

Atco wins Detour Lake bid to build mining camp to house 1,000 people

CALGARY, Alberta – ATCO Structures & Logistics (ASL) has been awarded a contract to build a 1,000-person mining camp accommodation facility for Detour Gold Corporation (“Detour Gold”) at its Detour Lake gold property in northeastern […]

FLSmidth crushing and grinding equipment for Detour Gold mine

FLSmidth has won a contract worth $49 million from Detour Gold for the supply of equipment for its Detour Lake gold plant in northeast Ontario. The order includes two SAG mills, two ball mills and one gyratory crusher to be delivered over the course of this year and 2011. The open-pit plant will have a [...]

Detour Gold orders SAG mills, ball mills and crusher from FL Smidth

One of Canada's new generation of significant gold mining projects has moved a step nearer to production with the order of key mineral processing equipment.