Echo Bay Mines
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Echo Bay Mines Limited was a
Canadian Canadians () are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''C ...
company which was organized in 1964 by Northwest Explorers Limited to develop a
silver Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. ...
deposit at Great Bear Lake,
Northwest Territories The Northwest Territories is a federal Provinces and territories of Canada, territory of Canada. At a land area of approximately and a 2021 census population of 41,070, it is the second-largest and the most populous of Provinces and territorie ...
,
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
, which had been staked in 1930 by The Consolidated Mining and Smelting Company (now called
Teck Resources Teck Resources Limited is a diversified natural resources company headquartered in Vancouver, British Columbia, that is engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. Secondary ...
). The company leased the old Port Radium settlement from Eldorado Mining and Refining Limited and used the old camp and mill to recover silver and
copper Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orang ...
values from what became known as the Echo Bay Mine. Production in the Echo Bay workings ceased in 1975. The company then reopened the old Eldorado Mine workings and produced more silver and copper until 1981, when low silver prices caused the mine to close permanently. Echo Bay Mines Limited went on to open a new gold mine, called Lupin Mine, in what was then the
Northwest Territories The Northwest Territories is a federal Provinces and territories of Canada, territory of Canada. At a land area of approximately and a 2021 census population of 41,070, it is the second-largest and the most populous of Provinces and territorie ...
and is today in
Nunavut Nunavut is the largest and northernmost Provinces and territories of Canada#Territories, territory of Canada. It was separated officially from the Northwest Territories on April 1, 1999, via the ''Nunavut Act'' and the Nunavut Land Claims Agr ...
. It entered production in 1982. Echo Bay Mines Limited developed numerous other properties, mostly in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
, including two mines in Nevada, McCoy/Cove and Round Mountain gold mine, and the Kettle River mine in Washington. Corporate headquarters were in
Englewood, Colorado The City of Englewood is a home rule municipality located in Arapahoe County, Colorado, United States. The town population was 33,659 at the 2020 United States census. Englewood is a part of the Denver–Aurora–Lakewood, CO Metropolitan S ...
. In 1986 the company purchased Sunnyside Gold Mine in Silverton, Colorado, and operated it for five years before it closed because of low gold prices. The company became a subsidiary of Kinross Gold Corporation in 2003 and has been delisted from the stock exchange.


References

{{Coord, 66.05511, N, 118.000088, W, display=title Gold mines in the Northwest Territories Companies based in the Northwest Territories Defunct mining companies of Canada Silver mines in Canada Defunct companies of the Northwest Territories