https://www.northernontariobusiness.com/
As Porcupine Gold Mines (PGM)-Goldcorp’s mining reserves become more depleted in Timmins, the company is embarking on a new project to take its operations into the next century. The proposed Century Project would expand the original Dome open-pit operation, which was mined between 1996 and 2004, to the northeast, and operate for 10 or more years.
PGM’s Dome underground and Hollinger open-pit mines have limited resources left, and so the Century Project is a way for the company to extend its longevity in the Timmins camp, said Marc Lauzier, general manager at Porcupine Gold Mines (PGM)-Goldcorp.
“If we just stay with the one underground concept, then at some point we’ll disappear; we won’t survive,” he said. “If we want to be economically viable and if we want to continue to contribute to Timmins, we need projects like this to make that happen, and so this is just an example of some of the ideas we have to take PGM into a second century in the Timmins camp.”