Detour Gold

Detour Gold

A long life large-scale open pit operation and one of the largest gold producing mines in Canada. Learn more
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DateInvestorsAmountRound
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IPO
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CAD277m

Post IPO Equity
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CAD173m

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Acquisition
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Detour Gold Corporation, now part of Kirkland Lake Gold, operates in the gold mining industry, focusing on the extraction and production of gold. The company serves investors and stakeholders interested in the precious metals market. Detour Gold's business model revolves around mining operations, primarily at the Detour Lake mine in Ontario, Canada, which is one of the largest gold-producing mines in the country. The company generates revenue through the sale of gold extracted from its mining operations. By leveraging advanced mining techniques and maintaining a strong focus on cost efficiency, Detour Gold aims to maximize profitability and cash flow. The company is committed to sustainable mining practices and ensuring a safe work environment for its employees.

Keywords: gold mining, production growth, profitability, cash flow, Detour Lake mine, Ontario, sustainable mining, cost efficiency, advanced techniques, precious metals.

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