I found this video rather interesting. A must watch.
Prospectors John Larch, Don McKinnon and Richard Hughes discovered gold in the Hemlo camp in the early 1980s, starting a staking rush not seen in Canada since the Klondike gold rush of the late 19th century. Two companies, Golden Sceptre and Goliath Resources, secured rights to a large land package in the area, and were subsequently acquired by Noranda.
Noranda permitted and built the Golden Giant mine in less than two years. With its first pour in April, 1985, the Golden Giant was the first mine in the camp to ship.
Peak production occurred in the early 1990s, approaching 500,000 oz per year. During its 21-year life, the mine produced over 6 million ounces of gold.
The world's central banks have printed unimaginable amounts of money in recent years. Neil Macdonald explores what this means for the global economy and for your financial well-being.