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Favourable economics

— February 21, 2011

With the Young-Davidson Mine operational, Northgate Minerals Corp. is predicting the company’s overall gold production will spike while costs decrease over the next year. Between all the gold properties—which include the Young-Davidson project in Ontario, Kemess in B.C. and Fosterville and Stawell in Australia—the company forecasts the production of 195,000 to 205,000 ounces of gold, averaging $810 to $855 per ounce.

Two men in hard hats and safety vests survey a piece of land.

Sustainability distinctions for Canadian mining

The RobecoSAM sustainability awards are based on economic, environmental and social dimensions. Canada was named in several categories under Mining and Metals.

by Kristen Mitchell