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  • July 11, 2022
  • Industry News
Mining the Northwest: Red Lake ramps up for gold mine expansions

Australia's Evolution Mining preparing to pump millions into expanding gold zones, mill upgrades

Gold prices were slumping in July to a six-month low at US$1,730, but mining and advanced exploration activity is intensifying in the Red Lake mining camp.

Evolution Mining plans to spend between $120 million and $135 million this year on development and upgrades at its Red Lake mine complex.

The Australian gold company has ambitious plans to boost gold production by 65 per cent in the northwestern Ontario camp over the next two to three years.

Read the full article from Northern Ontario Business

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