Matachewan Consolidated Mines Limited was a Canadian mining company that operated in the Matachewan area of Northern Ontario. The company was founded in 1935 and was primarily involved in the exploration and development of gold and silver deposits.
Over the years, Matachewan Consolidated Mines Limited acquired several mining properties in the Matachewan area, including the Young-Davidson Mine, which became the company's flagship operation. The Young-Davidson Mine was a large-scale, open-pit and underground gold mine that produced over 1 million ounces of gold during its operation.
In 2011, Matachewan Consolidated Mines Limited was acquired by AuRico Gold Inc., a Canadian gold mining company. The acquisition of Matachewan Consolidated Mines Limited allowed AuRico Gold to expand its operations in Northern Ontario and increase its gold production.
Today, the Young-Davidson Mine is still in operation under the ownership of Alamos Gold Inc., which acquired AuRico Gold in 2015. The mine continues to be a significant contributor to the local economy and provides employment opportunities for the surrounding communities.