01/11/2013 11:51 EST

Shania Twain Centre In Timmins Set To Close, May Become Gold Mine

Getty Images
LAS VEGAS, NV - NOVEMBER 14: International superstar Shania Twain rides up the Las Vegas Strip on horseback to greet fans on to The Colosseum at Caesars Palace on November 14, 2012 in Las Vegas, Nevada. SHANIA: STILL THE ONE debuts December 1, 2012. (Photo by Michael Buckner/Getty Images for Caesars Palace)

As of Jan. 30, singer Shania Twain will no longer be "the one" in Timmins, Ontario as the Shania Twain Centre will close its doors for good.

According to The Globe And Mail the museum will be shut down. In its place a mining company (Goldcorp Inc.) may be tearing down the building to create an open-pit mine which reportedly contains some gold. The city of Timmins approached the company in 2011 about the possibility.

"Obviously, her career is going in a new direction," Timmins Mayor Tom Laughren told the publication. "I think there was a realization on the council maybe this was the time to look at other opportunities."

The museum, which contained various photos and memorabilia from the country singer's career, started being built in 2000. According to the museum's official site, the $3.7-millon building was to be completed by July 2001. Twain was unable to attend the official opening due to her pregnancy at the time.

"The Shania Twain Centre was built to celebrate Shania, her successes and her growth from young artist in Timmins to international superstar," Laughren said in a statement on the museum site to welcome people. "We are hopeful that this website will entice you to 'Come on over' and visit not only the Shania Twain Centre but the other sites and attractions within our city."

In recent years the museum drew between 10,000 to 12,000 annual visitors and didn't quite pack the same economic punch it once did. As well, Twain removed some of her own awards and costumes from the museum and took them with her to Las Vegas as part of her "Shania: Still The One" show she's currently performing at Caesars Palace.

But the CBC reports the museum's closing doesn't mean the end of the city's relationship with Twain.

"We're not severing our relationship with Shania Twain," city councillor Pat Bamford said. "We're very proud of her."

Twain has made no comment on the museum's closing. The sale of the building to the mining company is expected to be completed later this month.