IAMGOLD Announcement- Premier Ford, Minister Rickford and Minister Yakabuski

Summary

Premier Doug Ford, Minister Rickford and Minister Yakabuski attended the ground breaking of IAMGOLD’s Côté Gold Mine in Gogama this morning.

The Côté Gold Mine will employ 450 people during the operation of the mine and create over 1,000 jobs during the construction period. IAMGOLD anticipated the mine to generate $10 billion in gross domestic product over it’s 18-year life span, producing over 367,000 ounces of gold per year.

Key Messages

  • We are proud support Ontario’s world-class mining industry and the Côté Gold Mine Project brining good jobs and economic recovery to Northern Ontario.
  • Mineral production in Ontario supports over 76,000 jobs across the province, and is the largest employer of Indigenous peoples in the province.
  • To date, our government has provided targeted support, eliminating regulatory burden to get mining projects off the ground including Harte Gold’s Sugar Zone, Newmont Goldcorp’s Borden Mine, and now IAMGOLD’s Côté Gold Mine.

News Links

EN https://news.ontario.ca/en/release/58358/new-gold-mine-will-support-economic-recovery-in-northern-ontario

FR https://news.ontario.ca/fr/release/58360/une-nouvelle-mine-dor-favorisera-la-reprise-economique-dans-le-nord-de-lontario

Live Stream : https://www.youtube.com/watch?v=1DekCiDBbC8