OPERATIONS Canada

Canada

Windfall: One of the largest gold deposits in Canada, and a top 10 gold deposit globally by head grade

In October 2024, we acquired Osisko Mining, with 100% ownership of the Windfall Project and the extensive surrounding exploration camps in Canada’s Quebec province. Windfall was previously jointly and equally owned by Gold Fields and Osisko. It consists of three key properties: The Windfall project, and the Urban-Barry and Quévillon exploration properties.

About the project

Windfall is a high-grade underground gold project with the potential to be a future cornerstone of Gold Fields’ portfolio. Permitting approvals are progressing, along with the impact benefit agreement (IBA) and advancing project studies to final investment decision (FID).

  • Expected production: 300,000 ounces of gold a year
  • Life-of-mine (LOM): confirmed after feasibility studies
  • Renewable energy: The project site is powered by hydroelectricity, with the power line owned and operated by the Cree First Nation of Waswanapi, on whose traditional land the project is located.

The current focus for the project is obtaining environmental permitting for full- scale construction and ongoing engagement for the execution of an Impact and Benefit Agreement with the Cree First Nation of Waswanipi and the Cree Nation Government.