Dome Mines
Dome Mines Limited was a Canadian mining company that existed from 1910 to 1987. It has been the largest gold producer in Canada and in North America.
Formerly | Dome Mines Company |
---|---|
Industry | Mining |
Founded | 23 March 1910 |
Defunct | 13 August 1987 |
Fate | Merged with Placer Development |
Successor | Placer Dome |
Headquarters |
The company was formed to operate the Dome Mine in Timmins, Ontario, and expanded to operate mines Ontario and Quebec. Dome Petroleum was formed in 1950. The company was acquired by Barrick Gold in 2006.
History
Headquartered in Toronto, Dome was established in 1910[1] to operate the Dome Mine in Timmins, Ontario after a major discovery by a group working for W. S. Edwards in May 1909.[2] The company later became Canada's largest gold producer.[1]
For most of its existence, Dome Mines was Canada's largest gold producer.
Workers for subsidiary Dome Exploration, discovered the ore that became the Campbell Mine in Balmertown in 1944. Dome Exploration then became Campbell Red Lake Mines Limited.[3] Other subsidiaries were Kiena Gold Mines Limited and Sigma Mines in Quebec.[4]
The company entered the petroleum industry in 1950 with the creation of Dome Petroleum.
In 1987, under the leadership of Fraser M. Fell, Dome merged with the Vancouver mining company Placer Development to form Placer Dome. The new merged entity became the largest mining company in North America.
In 2006 Barrick Gold acquired Placer Dome.
Leadership
Chairman of the Board | President |
---|---|
Jules S. Bache, 1943–1944 |
John F. H. McCarthy, 1910 |
References
- Cousineau, Eric; Richardson, Peter R. (1979). Gold, the World Industry and Canadian Corporate Strategy. Centre for Resource Studies, Queen's University. p. 128. ISBN 978-0-88757-013-1.
- Girdwood, Charles P.; Jones, Lawrence F.; Lonn, George (1983). The Big Dome: Over Seventy Years of Gold Mining in Canada. Cybergraphics Company. p. 18. OCLC 10762449.
- Suorineni, F T; Kaiser, P K; Mgumbwa, J J; Thibodeau, D (September 2011). "Mining of orebodies under shear loading Part 1 – case histories". Mining Technology. 120 (3): 137–147. doi:10.1179/1743286311Y.0000000012. S2CID 131252125.
- "Dome Mines Limited". Financial Post. 19 July 1986. p. 22. ProQuest 435805487.