Echo Bay Mines
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Echo Bay Mines
Echo Bay Mines Limited was a Canadian company which was organized in 1964 by Northwest Explorers Limited to develop a silver deposit at Great Bear Lake, Northwest Territories, Canada, which had been staked in 1930 by The Consolidated Mining and Smelting Company. The company leased the old Port Radium settlement from Eldorado Mining and Refining Limited and used the old camp and mill to recover silver and copper values from what became known as the Echo Bay Mine. Production in the Echo Bay workings ceased in 1975. The company then reopened the old Eldorado Mine workings and produced more silver and copper until 1981 when low silver prices closed the mine for good. Echo Bay Mines Limited went on to open a new gold mine by that point, Lupin Mine, in what was then the Northwest Territories and is today in Nunavut. It entered production in 1982. Echo Bay Mines Limited developed numerous other properties, mostly in the United States, including two mines in Nevada, McCoy/Cove and Round M ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Defunct Mining Companies Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Companies Based In The Northwest Territories
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Gold Mines In The Northwest Territories
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is i ...
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Kinross Gold Corporation
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by ''InvestingNews''. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange. Operations Kinross Gold operates mines in North and South America, and West Africa. In 2022, 58% of Kinross gold production is expected to come from the Americas. Fort Knox This property includes a mill, tailings storage, heap leach facility, the Gil project, and the True North open pit mine, which is closed and under monitoring. Expected to run out of ore in 2021, the mine's life has been extended to 2030 following a $100 million expansion investment announced in 2018, increasing life-of-mine production by about 1.5 million g ...
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Silverton, Colorado
Silverton is a statutory town that is the county seat, the most populous community, and the only incorporated municipality in San Juan County, Colorado, United States. The town is located in a remote part of the western San Juan Mountains, a range of the Rocky Mountains. The first mining claims were made in mountains above the Silverton in 1860, near the end of the Colorado Gold Rush and when the land was still controlled by the Utes. Silverton was established shortly after the Utes ceded the region in the 1873 Brunot Agreement, and the town boomed from silver mining until the Panic of 1893 led to a collapse of the silver market, and boomed again from gold mining until the recession caused by the Panic of 1907. The entire town is included as a federally designated National Historic Landmark District, the Silverton Historic District. Originally called "Bakers Park", Silverton sits in a flat area of the Animas River valley and is surrounded by steep peaks. Most of the peaks sur ...
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Round Mountain Gold Mine
The Round Mountain Gold Mine is an open pit gold mine in Round Mountain, Nevada. The mine is operated and owned by Kinross Gold. History Mining at Round Mountain occurred as early as 1906, using underground techniques. The mine produced 350,000 ounces of gold through underground mining over a sixty-year period, before converting to an open pit. In 2003 Kinross acquired 50% of the Round Mountain mine from Echo Bay Mines through a merger. In 2016, Kinross purchased the remaining 50% from Barrick Gold Corporation. Description The Round Mountain Gold Mine is owned and operated by Kinross Gold. Until early in 2016, it was a 50-50 joint venture between Barrick Gold and Kinross Gold, with Kinross as the operator. The mine is north of the town of Tonopah, with a workforce of approximately 750 people. In 2010, expansion of the mine was approved by the Bureau of Land Management. The expansion would include increasing the depth and width of the pit, and increasing the capacity of rel ...
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Nunavut
Nunavut ( , ; iu, ᓄᓇᕗᑦ , ; ) is the largest and northernmost Provinces and territories of Canada#Territories, territory of Canada. It was separated officially from the Northwest Territories on April 1, 1999, via the ''Nunavut Act'' and the ''Nunavut Land Claims Agreement, Nunavut Land Claims Agreement Act'', which provided this territory to the Inuit for independent government. The boundaries had been drawn in 1993. The creation of Nunavut resulted in the territorial evolution of Canada, first major change to Canada's political map in half a century since the province of Newfoundland and Labrador, Newfoundland was admitted in 1949. Nunavut comprises a major portion of Northern Canada and most of the Arctic Archipelago. Its vast territory makes it the list of the largest country subdivisions by area, fifth-largest country subdivision in the world, as well as North America's second-largest (after Greenland). The capital Iqaluit (formerly Frobisher Bay), on Baffin Islan ...
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Silver
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ...
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Lupin Mine
Lupin Mine was a gold mine in Nunavut, Canada. It opened in 1982 and was originally owned and operated by Echo Bay Mines Limited, who in 2003 became a fully owned subsidiary of Kinross Gold Corporation. The mine ceased production briefly in August 2003, but was restarted in early 2004 to recover old stope pillars with a reduced crew. The mine closed again in February 2005 and, in 2006, the assets were sold to Wolfden Resources Limited (later MMG, Ltd.) and subsequently to Elgin Mining, Inc. of Canada in July 2011.Elgin Mining, Inc. - Official website - Lupin Gold Project
Elgin states that the mine is currently on due to the low p ...
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Copper
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create ...
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