The mine with millions of ounces of gold is up for sale - details.
22.07.2025
2471
Journalist
Shostal Oleksandr
22.07.2025
2471
Barrick Mining is negotiating with Discovery Silver for the sale of the Hemlo Gold Mine in Ontario, indicating the company's complete exit from the gold mining sector in Canada.The Hemlo gold mine in Ontario has become a symbol of successful gold mining and has had a significant impact on the local community. Hemlo brought together three mines and became a cornerstone of gold mining in Canada; the province of Ontario cannot imagine its life without this legendary mine.The Barrick and Discovery Silver deal marks significant changes in mining in Canada and reflects the strategic moves of both companies. In particular, the Hemlo Gold Mine will have a new owner and will open a new chapter in its history, while the gold mining industry will undergo new transformations.
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