Osisko Mining Corporation is a mining company based in Montreal, Quebec, Canada. The Company is focused on acquiring, exploring, developing and mining gold properties, with the aim of becoming a leading mid-tier gold producer. ItS flagship project is the Canadian Malartic gold mine located in the Abitibi mining district. Following the pouring of the first gold bar on April 13 2011, commercial production began in May.
Canadian Malartic currently represents the single biggest gold reserve in production in Canada with Proven and Probable Reserves of 10.7 million ounces of gold, and is still growing through ongoing drilling on adjacent mineralized zones. The Company is also pursuing exploration on a number of properties, including the Hammond Reef Gold Project in Northern Ontario.
TSX Close: Toronto Stocks Finish Lower Despite Strong Jobs ReportNASDAQ -
May 11, 2012 Canada's main stock index closed in the red today despite some positive Canadian economic news. The S&P TSX Composite Index finished 41 points lower to 11694, gradually slipping throughout the afternoon after rising in the morning, peaking at 11795 ...