Ontario is Canada’s largest gold-generating province or territory. Some of the main sources of gold have gold mines in Ontario.
When you can compare gold mines and their key indicators, you can show which corporations to look for more and which corporations to avoid.
We review the AISC, the resources and reserves of the gold mine in production, as well as the 2019 production figures to compare corporate and its mines.
Ontario is the first gold-producing province in Canada in 2018, just ahead of Quebec. The main geological route producing gold in Ontario is the Abitibi Gold Belt. This gold belt is for several primary gold production camps in Ontario, adding the Timmins camp and the Kirkland Lake area.
Needless to say, Ontario is home to many of the world’s leading gold-producing companies. And which company wouldn’t need to own some of the world’s largest gold mines in a mine-friendly jurisdiction like Ontario? If you do not own any of Ontario’s gold mining companies, you may need to reconsider your decision. This article on Ontario’s gold mines will be a good position to get started.
For starters, here are the public gold mining corporations that own gold mines in Ontario. This article will only refer to corporations with mines in production, while a follow-up article will talk about customers for gold exploration and progression in Ontario.
Production 2019
Ounces of gold
Forecast 2020
Ounces of gold
Source: Created through the author.
Source: Created through the author.
Bookings and 2020
(millions)
Reserves and resources come with the sum of the reserves shown and probable, the measured and indicated resources and the alleged resources.
Source: Created through the author.
The bubble represents the relative of reserves and resources.
Production 2019
Ounces of gold
Reserves and resources come with the sum of the reserves shown and probable, the measured and indicated resources and the alleged resources.
Let me know if I forgot any in the comments section.
Alamos Gold owns the Island Gold and Young-Davidson gold mines. These two gold mines are two of the 3 gold mines in Alamos Gold production. The third is the Mulatos gold mine near Sonora, Mexico. Alamos Gold has several other exploration projects, but it also has projects to increase production in existing gold mines. Alamos Gold is lastly traded with a market capitalization of approximately $4 billion.