Archive | Northern Ontario/Canada Regional Media

Human activity takes a toll on caribou habitat in Nunavik – by Sarah Rogers (Nunasiaq News – December 14, 2017)

http://www.nunatsiaqonline.ca/

Researchers at Université Laval say human activity in northern Quebec is damaging and reducing the extent of caribou habitat, along with the health of the herds that migrate through Nunavik each year.

A new study attempts to quantify that impact by looking at how the animals have shifted their ranges as roads and mines are developed in the region.

The two main migratory caribou herds in Nunavik have seen their populations drop dramatically in recent years. The George River herd has plummeted from 800,000 animals in 1993 to just 9,000 in 2016, while the Leaf River herd has dropped from 600,000 caribou in 2001 to less than 200,000 today. Continue Reading →

Gold Holding Gains As Markets Doubt Fed Rate Hikes Next Year – by Neils Christensen (Kitco News – December 14, 2017)

http://www.kitco.com/

(Kitco News) – Gold prices have pushed off recent lows as markets continue to doubt that the Federal Reserve will be able to raise interest rates three times next year, according to analysts.

Gold is holding on to modest gains Thursday as investors continue to digest what some have described as a hawkish tone from the U.S. Federal Reserve. After raising interest rates Wednesday, the U.S. central bank said that it expects to raise interest rates three times next year. The Fed also increased its economic outlook, saying that it sees the U.S. economy growing 2.5% in 2018.

February gold futures last traded at $1,255 an ounce, up 0.55% on the day. Jasper Lawler, senior market analyst at London Capital Group, said that the U.S. dollar is not focusing on the Fed’s projections and instead is focusing on weak inflation pressures. Continue Reading →

Brucejack turns heads at mining convention – by Quinn Bender (Terrance Standard – December 14, 2017)

https://www.terracestandard.com/

Northwest projects awarded for excellence

The Northwest is strongly represented this year as the Association for Mineral Exploration awards those who have made a significant contribution to the industry in 2017.

The awards ceremony will be held Jan. 24 during the AME’s annual Roundup Conference, under a theme of a “new generation of discovery”. Diane Nicolson, chair of the AME board of directors, said in a press release the recipients each have set the stage for future success in the mining industry.

“These individuals and teams, through their efforts in exploration, development and outreach are representative of that theme, having made or facilitated the discovery and creation of new mines which will bring benefits to communities throughout British Columbia and Canada. The Awards Gala at Roundup is an opportunity for us all to acknowledge and celebrate their accomplishments.” Continue Reading →

[IDM Mining] Another jewel in B.C.’s Golden Triangle? – by Nelson Bennett (Business Vancouver – December 12, 2017)

https://www.biv.com/

High-grade Red Mountain gold project enters environmental review

In 2014, BC Hydro completed the $746 million, 344-kilometre Northwest Transmission Line to electrify the northwest corner of B.C. – known as the Golden Triangle because of all the undeveloped gold and copper deposits in that region.

The first new mine to be built in the Golden Triangle was Imperial Metals’ (TSX:III) Red Chris copper mine. It was followed by Pretium Resources Inc.’s (TSX:PVG) Brucejack gold mine. That’s two down, and about 10 more to go.

So, what is likely to be the next new mine to be built in the Golden Triangle? Although the Seabridge Gold (TSX:SEA) KSM copper-gold mine already has its environmental permits, some industry insiders say the $5.5 billion mine is a “generational” project – something so massive that it might take many years and sustained higher copper prices before it gets financed. Continue Reading →

Making mine inspection safer: North Bay drone company inspecting underground cavities – by Lindsay Kelly (Northern Ontario Business – December 12, 2017)

https://www.northernontariobusiness.com/

Mining companies have been adopting drone technology to survey and map mineral resources above ground, but sending the unmanned aerial vehicles (UAVs) below surface is still an emerging concept.

It’s an area in which SafeSight Exploration believes there’s lots of room for competition, and in which the North Bay company is quickly making a name for itself. The company was the overall winner during a North Bay Pitch event, hosted by the Northern Ontario Angels, in November.

“The idea and the concept and the work towards applying drone technology to an underground setting have been around for a couple of years, but it’s still very much an open space where there is no dominant player,” said SafeSight’s president and founder, Mike Campigotto. Continue Reading →

Ottawa says yes to Back River gold mine in western Nunavut (Nunatsiaq News – December 11, 2017)

http://www.nunatsiaqonline.ca/

Canada’s federal government believes the Sabina Gold and Silver Corp.’s controversial Back River gold mine project should go ahead, Northern Affairs Minister Carolyn Bennett said last week in a letter to the Nunavut Impact Review Board.

This clears the way for the review board’s issuance of a project certificate to Sabina by Jan. 4, following a teleconference workshop with stakeholders they hope to hold on Thursday, Dec. 14.

And today, Sabina said in a statement that the Nunavut Water Board has started looking at the company’s Type A and Type B water license applications for the Back River project, and that they hope to get those licences by the end of March 2018. Continue Reading →

Nunavut’s Dolphin and Union caribou herd deemed endangered – John Thompson (Nunatsiaq News – December 7, 2017)

http://www.nunatsiaqonline.ca/

A national committee of wildlife scientists now considers Nunavut’s Dolphin and Union caribou herd to be an endangered species. These stocky, large-hoofed animals spend their summers on Victoria Island and overwinter on the North American mainland. Their twice-a-year migrations across the sea ice of the Coronation Gulf have become increasingly perilous in recent years, as climate change causes the ice to freeze up later in the fall and to thaw earlier in the spring.

The growing use of icebreaking in the area is also being flagged as a major concern by scientists. The herd migrates across one of the routes of the Northwest Passage, which is seeing a growing number of transits.

And the herd roams not far from the proposed Grays Bay port and road that’s being aggressively pushed by the Government of Nunavut as a means of jump-starting mining projects in the region. Continue Reading →

This One Weird Thing Making Canada a Global Financial Hub for the Mining Industry (ValueWalk.com – December 7, 2017)

http://www.valuewalk.com/

The second-largest country in the world by landmass, Canada, has a vast wilderness and is blessed with an abundance of natural and mineral resources. Even so, it seems like a stretch to say that it possesses three-quarters of the world’s minerals. Why then are 75 percent of mining companies based in Canada?

The answer is metal streaming, a unique financial arrangement that makes Canada a prime spot for mining companies to make public offerings, even if they do not intend to operate mines in Canada. In attracting mining businesses, Canada draws off reserves, prices, financing, exploration, and capital investment, a combination which other countries, including the U.S., are not able to match.

Just looking at the numbers, Canada’s involvement in the mining industry is staggering. The Toronto Stock Exchange and Toronto Venture Exchange accounted for $12.5 billion, or 40% of global mining equity capital in 2011. Canadian law makes both listing mining companies and complying with federal regulations less burdensome than in other financial centers, including London and New York. Continue Reading →

[Sault Ste. Marie ferrochrome] Plant needs public support – by Frank O’Connor (Sault Star – December 7, 2017)

http://www.saultstar.com/

So the prospect of a ferrochrome processing facility locating here has prompted a local group to mobilize an opposition effort. Members of the opposition group suggested that Mayor Provenzano’s comments that the team developing the proposal to be the potential host site have hit a home run was the motivation that rallied their troops to speak out in opposition.

With the Ring of Fire’s new access road development plans moving forward, as a result of the Ontario government working together with three northern First Nations bands, the rich mineral deposits in this James Bay region may now have a viable way out.

Chromite, nickel, copper, and platinum are present at this site, and may potentially be one of the richest deposits found in a very long time. Financial forecasts of the deposit’s value are in the 30 billion to 60 billion range. This is certainly a game changer for that northern region, and a potential major economic generator for all of Ontario. Continue Reading →

[Norm Tollinsky] Journalist honoured for mining industry coverage – by Karen McKinley (Northern Ontario Business – December 5, 2017)

https://www.northernontariobusiness.com/

Sudbury Mining Solutions Journal writer and founding editor Norm Tollinsky inducted into Mining Hall of Fame

It was a night of firsts at the Sudbury Area Mining Supply and Service Association (SAMSSA) annual general meeting. The first time a woman will be president and the first time a journalist has been inducted into the Mining Hall of Fame.

Norm Tollinsky, editor of Sudbury Mining Solutions Journal, was presented with the honour on Dec. 4 at Dynamic Earth. He and the journal were lauded for 12 years of covering stories specific to the mining industry and bringing stories of the hard work and innovation coming from it.

Taking the podium, he thanked everyone for the honour, adding there was no greater feeling for a writer than being appreciated by the readers. Continue Reading →

Ferrochrome Smelter won’t go where it’s not wanted, Noront – by Ian Ross (Northern Ontario Business – December 6, 2017)

https://www.northernontariobusiness.com/

Noront Resources won’t place a ferrochrome smelter in a community that isn’t totally comfortable with having one. Company president-CEO Alan Coutts further added they won’t process Ring of Fire chromite ore in Ontario – or Canada for that matter – unless his company can secure a favourable power rate from Queen’s Park.

“The level of comfort we get from the communities and the government will help us to pick the site and to make sure that we’ve got a viable long-term process.” Coutts shed some light on Noront’s thought process and approach in selecting a suitable host site for a proposed ferrochrome production plant.

Cutting the ribbon on a smelter could be five to 10 years away but there are 350 plant jobs at stake for a chromite processing facility that could potentially expand and create all kinds of industrial service and supply spinoff opportunities. Continue Reading →

Excitement is hard to share, mines chamber says – by Chuck Tobin (Whitehorse Star – December 4, 2017)

http://www.whitehorsestar.com/

Yukoners should pay close attention as land use planning goes forward in the future, says the executive director of the Yukon Chamber of Mines. With Friday’s Supreme Court of Canada decision, the amount of land unavailable to pursue mineral exploration in the territory is now up over 50 per cent, he pointed out.

Samson Hartland said today the mining industry is very competitive around the world, and investment dollars are already tight to come by. The Yukon needs to be careful it doesn’t push itself out of that marketplace by closing the door on the industry, he suggested during an interview.

He said with several more regional land use plans still to be hashed out – Dawson City, Mayo, Whitehorse, Teslin – it’s certain there will be more land withdrawals. Land withdrawals, Hartland said, are the number one concern for the mining sector, and the industry pays attention to them. Continue Reading →

Mining labour needs to be assessed in report – by Emma Meldrum (Timmins Daily Press – December 4, 2017)

http://www.timminspress.com/

TIMMINS – By next year, Northeastern Ontario will have a better understanding of mining labour force needs. The Far Northeast Training Board (FNETB) has contracted a consulting firm to research the labour force needs of mining operations, advanced exploration sites and mining supply companies.

Julie Joncas, executive director of FNETB, explained Monday that the information collected will help inform planning for training and employment initiatives so that people looking to enter the mining sector can acquire the skills they’d need.

The report will cover the entire districts of Cochrane and Timiskaming as well as the communities of Chapleau and Hornepayne. This will include communities on the James Bay Coast and past Kirkland Lake as far as the Quebec border. Continue Reading →

Mining as a nation-builder: CEMI among six groups forming supercluster to bring clean Canadian mining expertise to the international market – by Karen McKinley (Northern Ontario Business – December 1, 2017)

https://www.northernontariobusiness.com/

For six mining groups in Canada that have joined together, including one in Sudbury, mining is a nation-building exercise they want to take to the world. The hope is by joining together, they can qualify for government funding to help them support the mining industry on a holistic level.

Sudbury-based Centre for Mining Innovation (CEMI) is among the group that are pursuing a $200 million funding initiative to move their supercluster forward. Titled Clean, Low-energy, Effective, Engaged and Remediated (CLEER), to compete for funding though the federal government’s Innovation Superclusters Initiative.

The are many reasons for bringing this supercluster together, explained Charles Nyabeze, director, government affairs for CEMI, all of them go back to making mining in Canada more competitive, cleaner, diverse and showing the public the importance of mining to the nation’s economic stability. Continue Reading →

Remote First Nation celebrates construction of all-season bridge – by Staff (Northern Ontario Business – October 19, 2017)

https://www.northernontariobusiness.com/

Span at North Caribou Lake First Nation will offer community year-round access

A new bridge constructed at North Caribou Lake First Nation will eliminate the community’s reliance on winter roads and provide year-round access. The span, which crosses the Weagamou Lake narrows, connects the community to Pickle Lake via the Northern Ontario Resource Trail (NORT).

Launched 12 years ago under the winter alignment process, the project cost $5.1 million and was funded by the federal government.

“Our Elders have asked for the Wa-Pik-Che-Wanoog bridge for years because they have witnessed the effects of climate change in our territory and knew how it would influence life in our community. The winter roads can be dangerous, and two pieces of heavy equipment have gone through the ice while trying to maintain them,” said Chief Dinah Kanate in a release. Continue Reading →