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Detour Gold Corp (DGC.TO)

DGC.TO on Toronto Stock Exchange

11.72CAD
18 Apr 2019
Change (% chg)

$-0.02 (-0.17%)
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$11.74
Open
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$11.63
Volume
673,579
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759,144
52-wk High
$15.40
52-wk Low
$9.11

Latest Key Developments (Source: Significant Developments)

Detour Gold Announces Departure Of CFO James Mavor In April 2019
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Detour Gold Corp ::DETOUR GOLD ANNOUNCES DEPARTURE OF CFO IN APRIL 2019.SAYS CFO JAMES MAVOR RESIGNED.COMPANY WILL IMMEDIATELY INITIATE A FORMAL SEARCH FOR MAVOR'S SUCCESSOR..DETOUR GOLD - MAVOR WILL REMAIN IN HIS CURRENT ROLE TO TAKE COMPANY THROUGH ITS 2018 FINANCIAL REPORTING OBLIGATIONS AND ENSURE AN ORDERLY TRANSITION.  Full Article

Detour Gold Corp - Full Year 2019 Projected Gold Production Of Between 570,000 And 605,000 Ounces
Tuesday, 22 Jan 2019 

Detour Gold Corp ::DETOUR GOLD PROVIDES GUIDANCE FOR 2019.FULL YEAR 2019 PROJECTED GOLD PRODUCTION OF BETWEEN 570,000 AND 605,000 OUNCES.FY19 CAPITAL EXPENDITURES ARE ESTIMATED TO RANGE BETWEEN $190 MILLION AND $210 MILLION.2019 AISC ARE EXPECTED TO RANGE FROM $1,175 TO $1,250 PER OUNCE SOLD, WITH TOTAL CASH COSTS OF $790 TO $840 PER OUNCE SOLD.SEES 2019 AISC OF $1,175-$1,250 PER OUNCE SOLD.MINE PLAN CALLS FOR ABOUT 115 MT TO BE MINED FROM DETOUR LAKE PIT IN 2019.  Full Article

Detour Gold Announces Appointment Of Bill Williams As Interim CEO
Thursday, 3 Jan 2019 

Detour Gold Corp ::DETOUR GOLD ANNOUNCES APPOINTMENT OF BILL WILLIAMS AS INTERIM CEO.DETOUR GOLD CORP - APPOINTMENT OF BILL WILLIAMS AS INTERIM CHIEF EXECUTIVE OFFICER REPLACING MICHAEL KENYON.  Full Article

Detour Gold Releases New Letter To Shareholders
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Detour Gold Corp ::DETOUR GOLD RELEASES NEW LETTER TO SHAREHOLDERS.DETOUR GOLD CORP - WHOLESALE BOARD CHANGE DEMANDED BY PAULSON WOULD "JEOPARDIZE" SUCCESSFUL EXECUTION OF 2018 LIFE OF MINE PLAN.DETOUR GOLD - CO'S RECOMMENDATION OF ANOTHER TWO NEW DIRECTORS HAVE WRITTEN SUPPORT OF ONE OF CO'S LARGEST SHAREHOLDERS.DETOUR GOLD CORP - RECOMMENDATION OF ANOTHER TWO NEW DIRECTORS.DETOUR GOLD CORP - "HAVE TRIED HARD TO SETTLE WITH PAULSON".DETOUR GOLD CORP - BOARD WILL RESUME ITS CEO SEARCH IMMEDIATELY AFTER PROXY FIGHT WITH PAULSON.DETOUR GOLD CORP - REMAIN ON TRACK TO MEET OUR 2018 GUIDANCE.DETOUR GOLD CORP - TO KEEP MICHAEL KENYON IN PLACE UNTIL A NEW, PERMANENT CEO IS HIRED.DETOUR GOLD CORP - KENYON IS BEING PAID AN ANNUAL SALARY OF C$1.5 MILLION.DETOUR GOLD - KENYON'S COMPENSATION DOESN'T HAVE ANY OTHER CASH BONUSES, EQUITY AWARDS, SEVERANCE PROVISIONS UPON TERMINATION.  Full Article

Detour Gold Q4 Adjusted Earnings Per Share $0.23
Thursday, 8 Mar 2018 

March 8 (Reuters) - Detour Gold Corp ::DETOUR GOLD REPORTS 2017 FOURTH QUARTER AND YEAR-END RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.23.Q4 EARNINGS PER SHARE $0.10.Q4 REVENUE $200 MILLION VERSUS I/B/E/S VIEW $195.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.‍QUARTERLY GOLD PRODUCTION OF 150,046 OUNCES​.  Full Article

Detour Gold reports Q3 adjusted earnings per share $0.21
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Detour Gold Corp :Detour Gold reports third quarter 2017 results.Q3 adjusted earnings per share $0.21.Q3 earnings per share $0.24.Q3 revenue $164 million versus I/B/E/S view $191.5 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Detour Gold Corp - ‍sees 2017 gold production 550,000 oz - 600,000​ oz.Detour Gold - ‍projected capital expenditures for 2017 remain as previously stated at about $160 to $180 million with higher capitalized stripping costs​.  Full Article

Detour Gold says Minister of Environment, Climate Change declined to designate west detour project under Canadian Environmental Assessment Act​
Wednesday, 13 Sep 2017 

Sept 14 (Reuters) - Detour Gold Corp :Detour Gold Corp - ‍federal Minister of Environment, Climate Change has declined to designate west detour project under Canadian Environmental Assessment Act​.Detour Gold Corp - west detour ‍project will therefore remain under provincial environmental assessment permitting process ​.Detour Gold Corp - ‍does not intend to change overall timing for development of west detour.​.  Full Article

Detour Gold provides update on criminal negligence charge
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Detour Gold Corp ::Detour Gold provides update on criminal negligence charge.Detour Gold-‍entered plea of guilty to one count of criminal negligence causing death related to fatality that occurred at co's lake mine site in June 2015​.Detour Gold - ‍accepted responsibility for death of 1 employee from acute cyanide intoxication via skin absorption while working at detour lake mine site.Detour Gold Corp - ‍was ordered to pay a fine of C$1.4 million plus a corresponding 30% surcharge related to the negligence.Detour Gold Corp - ‍as result of pleading guilty to 1 count of criminal negligence causing death, occupational health and safety act charges withdrawn​.  Full Article

Detour Gold Q2 earnings per share $0.14
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Detour Gold Corp :Detour Gold reports second quarter 2017 results.Q2 adjusted earnings per share $0.15.Q2 earnings per share $0.14.Q2 revenue $180.1 million versus I/B/E/S view $174.8 million.Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Detour Gold Corp - qtrly ‍gold production of 150,138 ounces​.Detour Gold Corp - qtrly ‍mill throughput of 60,259 tpd and mining rate of 277,000 tpd​.Detour Gold Corp - ‍detour Gold's guidance for 2017 is unchanged at between 550,000 and 600,000 ounces of gold​.Detour Gold Corp - sees FY ‍total cash costs of $690 to $750 per ounce sold​.Detour Gold Corp - ‍all-in sustaining costs are expected to be towards upper end of guidance range for FY of $1,025 and $1,125 per ounce sold​.Detour Gold Corp - projected capital expenditures for 2017 remain as previously stated at approximately $160 to $180 million.Detour Gold Corp - gold recovery is expected to improve during second half of year with commissioning of lead nitrate system having started in July.  Full Article

Prism Resources says deal to sell certain Ontario properties to AuRico Metals terminated
Friday, 21 Jul 2017 

July 21 (Reuters) - Prism Resources Inc ::Prism Resources Inc. agreement in respect of the sale of a 7.5% net profits interest not proceeding.Co, AuRico received a written communication from Detour claiming royalty is " invalid and unenforceable against Detour".Its agreement with AuRico to sell to AuRico its 7.5% net profit interest in Aurora and Sunday Lake Properties has been terminated.  Full Article

Detour Gold names Paulson-backed Bill Williams as interim CEO

Jan 3 Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim chief executive officer, replacing Michael Kenyon.