The 100%-owned Borden mine is located near Chapleau, Ontario and features state-of-the-art health and safety controls, digital mining technologies and processes as well as low-carbon energy vehicles - which the company stated is all anchored in a mutually beneficial partnership with local communities. Borden is expected to achieve commercial production in the December 2019 quarter.
Tom Palmer, president of Newmont Goldcorp, said: "Borden opens a new gold mining district in Ontario and profitably extends operations at the Porcupine complex near Timmins. In addition, Borden's electric underground fleet will eliminate diesel particulate matter from the underground environment and lower greenhouse gas emissions. This will help reduce energy costs, protect employee health and minimise impacts to the environment."
Ore from Borden is processed at the existing mill at the company's Porcupine operation in Timmins, 180km to the east. Borden is fully permitted for operation, and partnership agreements have been signed with local First Nations. At 1,000km2, Newmont Goldcorp stated that Borden's land package represents additional exploration upside as the Borden deposit remains open at depth.
In recognition of Borden's contribution to the future of safe and sustainable mining, the Canadian and Ontario governments each granted C$5 million (US$3.8 million) towards electrification of the mine.
