HomeMarket NewsMiningCelebrating a Milestone: Newmont's 8,000th Gold Bar at Musselwhite Mine

Celebrating a Milestone: Newmont’s 8,000th Gold Bar at Musselwhite Mine

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What a remarkable achievement at Musselwhite Mine! The 8,000th gold bar has been poured, and the General Manager, Mark Kiessling, couldn’t be prouder. He took on the role just before the mine’s silver jubilee, and he has seen the hard work pay off through the years. β€œNow, more than a quarter century into operation, there remains great exploration potential at Musselwhite,” Kiessling said confidently. He believes in the team’s ability to continue the upward trend of improvement in ore tons and gold ounces mined.

But let’s not forget the challenges this mine has faced. With a conveyor fire causing production to halt for nearly a year in 2019 and intermittent shutdowns in 2020 and 2021 due to the global covid-19 pandemic, it has been a tough few years for Musselwhite. However, Newmont emphasizes that the setbacks did not slow the operation down. Instead, the mine personnel used these pauses in production to enhance efficiency and position the operation for long-term success.

One remarkable aspect of Musselwhite is its relationship with the First Nations communities in Canada. It stands as one of the first mines in the country to enter into a comprehensive agreement with these communities. At present, it has formal agreements with North Caribou Lake First Nation, Cat Lake First Nation, Windigo First Nation Council, Wunnumin Lake First Nation, Kingfisher Lake First Nation, Shibogama First Nation Council, and the Mishkeegogamang First Nation.

Last year, Musselwhite was able to produce 173,000 ounces of gold and had just under 2 million ounces in reserve at year-end. A truly commendable feat! The resilience and dedication of the team at Musselwhite have clearly paid off and will continue to steer the mine towards even greater success in the future.

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