Who owns Kidd creek mine?
Table of Contents
Who owns Kidd creek mine?
Glencore Inc.
Kidd Mine or Kidd Creek Mine is an underground base metal mine 24 km (15 mi) north of Timmins, Ontario, Canada. It is owned and operated by Swiss multinational Glencore Inc. The mine was discovered in 1963 by Texas Gulf Sulfur Company….Kidd Mine.
| Location | |
|---|---|
| Financial year | 2019 |
| History | |
| Opened | 1966 |
| Owner |
How deep is Kidd creek mine?
9600 feet
Located in Timmins, Ontario, we operate the Kidd Concentrator and the Kidd Mine, the world’s deepest base-metal mine below sea level, mining at 9600 feet with shaft bottom at 9889 feet.
When did Kidd creek open?
The mine started production in 1966 from an open pit.
What was mined in Timmins Ontario?
The city’s economy is based on natural resource extraction, and is supported by industries related to lumbering, and to the mining of gold, zinc, copper, nickel and silver. Timmins serves as a regional service and distribution centre.
Where is most gold mined in Ontario?
Porcupine Mine The Porcupine Mine, owned by Newmont, is a surface and underground mine located in Ontario. The mine produced an estimated 319 Thousand Ounces of gold in 2020.
Can gold be found in Ontario?
Canada’s gold reserves are found mostly in the eastern provinces of Ontario and Quebec, together accounting for more than 75 per cent of the Canada’s total gold production.
Can the government take your gold Canada?
Unlike the U.S., Canada does not have a history of confiscation. There are currently no reporting requirements to the Canadian government when stored in Canada. If I may use the term, Canada is ‘neutral’ when it comes to gold.
Can you find gold nuggets in Ontario?
Ontario has been producing gold for over a century. However, it is important to note that if you are looking to find gold by panning, it may not be as easy as you think, even though Ontario is extremely rich with gold.
How far underground is the deepest mine?
between 3.16km to 3.84km
AngloGold Ashanti’s Mponeng gold mine, located south-west of Johannesburg in South Africa, is currently the deepest mine in the world. The operating depth at Mponeng mine ranged from between 3.16km to 3.84km below the surface by the end of 2018.
