Detour Gold Corporation is an intermediate Canadian gold mining company with one operating mine, Detour Lake, located in northeastern Ontario. The presentation provides an overview of Detour Lake's operations and growth plans. Key points include:
- Detour Lake is a large, long-life asset with over 16 million ounces of gold reserves and expected production of 540,000-570,000 ounces annually over the next 20 years.
- Production and costs are expected to improve over the mine life as optimizations are implemented and economies of scale are realized. All-in sustaining costs are forecast to decline from $920-980 per ounce in 2016.
- The company is pursuing organic growth through projects like the proposed West