Musselwhite Project
Musselwhite
Country Canada 
Province Ontario
Close to Pickle lake
Status PRODUCTION 
Surface 175 km² / 43,361 acres
Latitude / Longitude 52 N 36 / 90 W 25
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Produces Gold -
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Last updated on 1/11/2011 - Terms of Use
Risk and valuation analysis of the Musselwhite Project
Status Risk : Production
Country Risk : Very Low
Title(s) of the Musselwhite Project
Goldcorp Inc.
Joint venture: 68%
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The mine is situated in north-western Ontario, Canada and is owned by Goldcorp Inc (68% and operator) and Kinross Gold Corporation (32%).
Kinross Gold Corporation
Joint venture: 32%
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Kinross acquired its ownership interest in the Musselwhite underground mine, upon completion of the combination with TVX on January 31, 2003. In May of 2006, Goldcorp acquired Placer Dome’s interest and became the operator.
Location of the Musselwhite Project
The Musselwhite mine is located on the southern shore of Opapimiskan Lake, 480 kilometres by air north of Thunder Bay in northwestern Ontario. The nearest town, Pickle Lake, is 103 kilometres by air to the south.
 
History of the Musselwhite Project
Musselwhite started commercial production on 1 April 1997 and by 2001 had poured its one millionth ounce. Today, cumulative production exceeds 1.7 million ounces.
 
Geology of the Musselwhite Project
Mineralization is predominantly hosted within meta-chemical sediments (banded iron formations) and in particular within garnet-magnetite-grunerite facies meta-banded iron formations (locally termed the Northern Iron Formation).
 
Production history
Metal20102007200620052004
GOLD (oz)258,600228,750215,577250,285240,000
Location
Data last updated on : 12/31/2008
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