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CANADIAN INDUSTRY ONLINE - APRIL 2013
In order to
move towards
operation at
Detour Lake, we
needed to at-
tract the right
people, because
you don’t AL-
WAYS have the
right team,
right away.
O
N F EBRUARY 18TH ,
Detour
Gold (TSX:DGC) announced
that it had poured its first gold bar at
the Detour Lake mine in northeastern
Ontario.
The company, which has been
working towards production for more
than two years, boasts a world-class
gold resource, coupled with an excep-
tional management team. The result:
unlimited potential to develop Cana-
dian gold reserves.
That’s just what Canada needs,
as mining companies continue to ven-
ture into foreign territory to find the
next big reserve. Canada is a resource
economy, and Detour Gold is proving
that you don’t have to cross country
borders to make a viable impact in the
mining sector.
The company reported its first
quarter operational update on the De-
tour Lake operations early this month,
and intends to advance the ramp-up
of the mine—staying on schedule to
declare commercial production in the
third quarter of the year.
To date, gold production totals
over 16,000 ounces, and processing
rates average 36,000 tonnes per operat-
ing day (at the end of March).
Gerald Panneton, President and
CEO at Detour Gold, never doubted
the potential of his team, and the De-
tour Lake property. CIO spoke with
Panneton to discuss the company’s
path to production, and what’s next
for Detour Gold.
How important was the process
to build the right team, to move De-
tour Lake into production?
Gerald Panneton:
At the begin-
ning, when we decided to develop this
mine, we needed some key people to
do so. In order to move towards op-
eration at Detour Lake, we needed to
attract the right people, because you
don’t simply have the right team right
away.
