Canada injects $5M into Borden Mine as prize for innovation
Goldcorp’s Borden mine is being recognized by the Canadian government as a disruptive innovation identifying the development as game changing. The development taps Canada’s Clean Growth Program (CGP), a $155M investment fund for clean technology research, development and demonstration.
The Borden mine is located approximately 160 kilometres west of the Porcupine mine in Chapleau, Ontario.
Key development milestones
- Exploration ramp has advanced 680m at the end of 2017 with a corresponding vertical depth of 120m
- Current mineral reserves established at 950koz1
- Project site now connected to Hydro One grid
- Surface construction to support the exploration ramp now completed
- Commissioning of the Battery Electric Vehicle (BEV) equipment mostly completed
- Commercial production – expected in second half of 2019
It’s difficult it imagine an underground mine with significantly lower noise levels and no diesel fumes in the air.
The development is one of the best examples of disruptive change in the industry and pushes further on Canada’s theme of mining sustainability.
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