Goldcorp’s Éléonore Mine achieves first gold production – Mining Online
Oct 2, 2014
The pouring of a 70 ounce gold bar on October 1st, marked the first gold pour at Goldcorp’s Éléonore Mine in the James Bay region of Northern Quebec. The pour occurred after a four year development period.
“I am pleased to announce the first gold production at Éléonore, on schedule and in line with our capital cost guidance,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer.
Production for 2014 is expected to be between 40,000 and 60,000 ounces of gold. Capital costs remain unchanged at between $1.8 and $1.9 billion. Overall, progress at the mine remains on track for declaration of commercial production in the first quarter of 2015.
The Éléonore Mine is located about 800 km northeast of Montreal in one of the most attractive mining jurisdictions in the world. The project created 2,000 jobs in the province of Quebec during its development. Approximately 900 of jobs will be maintained when the mine achieves full production. Éléonore is expected to ramp-up to design throughput of 7,000 tonnes per day by 2018.”
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