The Greenstone Gold Mine, located in Ontario, Canada, has been one of the most significant gold development projects in the country over the last few years and will soon be one of the country’s largest open-pit gold mines, with production expected to average 400,000 ounces of gold per year for the first five years. Owned and operated by Equinox Gold, the mine represents a substantial investment in the Canadian mining sector and promises to become a cornerstone of Equinox Gold’s operations. The Greenstone Gold Mine is strategically located in the Geraldton-Beardmore Greenstone Belt, a region known for its rich mineral deposits and excellent access to infrastructure. Gold was first discovered in the area between 1916 and 1918. The area saw several significant discoveries in the 1930s, including the Little Long Lac, MacLeod-Cockshutt, Hard Rock, and Mosher mines. From 1938 to 1970, these mines collectively produced over two million ounces of gold. 27 SEPT 2024 | BUSINESS ELITE CANADA
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