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Goldcorp closing 107-year-old Dome mine
It's the end of an era for one of Canada's oldest and most prolific gold mines.
Porcupine Gold Mines, a subsidiary of Goldcorp (NYSE:GG, TSX:G), said last week that mining operations are permanently ending at the Dome underground mine in Timmins, Ontario, 107 years after the mine started up in 1910.
Aging infrastructure, low productivity and depleted resources were all cited as factors in the decision. The minelife had been extended for 18 months in July 2016.