Balmertown is a community in the municipality of Red Lake, Ontario. It has an approximate population of 1300 and was named after a local lake. Balmertown is a mining town and currently is home to two gold mines. These gold mines are now fully owned by Goldcorp Canada Ltd. The mines are Campbell Mine, formly owned by Placer Dome and the Red Lake Mine. Red Lake is a small village 535 km north-west of Thunder Bay, Ontario, Canada. ... Goldcorp is the world’s lowest-cost million-ounce gold producer with safe, profitable and sustainable mining operations throughout the Americas and in Australia. ... Placer Dome TSX: PDG is a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada. ...