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Windfall Underground Mine

Sector: Hydro • Location: Quebec, Canada

Source: The Northern Miner

Project
Planned

Gold Fields is preparing to start production at its Windfall underground gold mine in Quebec, acquired through a C$2.2-billion acquisition of Osisko Mining. The project aims to begin production by late 2026 or early 2027 after permitting and approximately 18 months of construction. Windfall is located in the Urban-Barry Greenstone belt, about 700 km north of Montreal in the Eeyou Istchee James Bay

Status
Prospective
Sector
Hydro, Power Generation (CCGT)
Location
Quebec, Canada
Updated
22 Jul 2026
Source
The Northern Miner

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Project Information

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The project “Windfall Underground Mine” is an infrastructure initiative in the Hydro sector, located in Quebec, Canada. Taiyo aggregates data on it from The Northern Miner.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Gold Fields is preparing to start production at its Windfall underground gold mine in Quebec, acquired through a C$2.2-billion acquisition of Osisko Mining. The project aims to begin production by late 2026 or early 2027 after permitting and approximately 18 months of construction. Windfall is located in the Urban-Barry Greenstone belt, about 700 km north of Montreal in the Eeyou Istchee James Bay region. The mine is expected to produce 3.2 million ounces of gold over a 10-year life with an average annual output of 306,000 ounces. Initial capital costs are estimated at C$788.6 million with sustaining capital of C$587.6 million. The project is positioned as a tier one asset with a focus on high-quality jurisdictions and environmental sustainability, including hydro power supply.

Original sector

Mining

Budget

Location

Country

Canada

State

Quebec

Source

Source

The Northern Miner

URL

More Details

Record type

Project

Sector

Hydro, Power Generation (CCGT)

Article published date

2025-09-21

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