Archive | Northern Ontario/Canada Regional Media

“Major step forward,” says Ring of Fire developer: Noront looks to use north-south for chromite shipments – Staff (Northern Ontario Business – August 21, 2017)

https://www.northernontariobusiness.com/

The lead Ring of Fire mine developer is pleased with the Ontario government tabling a road plan to reach the deposits in the undeveloped James Bay mineral belt. “Today’s announcement by Premier Kathleen Wynne and the Chiefs of Webequie, Marten Falls and Nibinamik First Nations is a major step forward that will re-energize development of the Ring of Fire region,” said Noront Resources president-CEO Alan Coutts in an Aug. 21 news release.

“Construction of all-season industrial and community access roads is one of the key things we’ve been working toward with the government and our First Nation partners. I am very pleased to see it moving forward.”

Noront officials were in Thunder Bay to attend the announcement by Premier Kathleen Wynne and the Chiefs of Marten Falls, Webequie and Nibiminik First Nations, and the government’s commitment to providing funding for two industry and community road proposals to reach the Ring of Fire mineral belt. Continue Reading →

Vale reviewing Voisey’s Bay – by Staff (Sudbury Star – August 21, 2017)

http://www.thesudburystar.com/

Another of Vale Canada’s nickel operations in Canada is under review. CBC News is reporting that Vale’s plans to extend the life of the Voisey’s Bay nickel mine in northern Labrador by moving operations underground are on hold.

Vale said a depressed market has led to a review of all projects, including Voisey’s Bay underground. “The nickel price has been depressed for some time now with no immediate or short-term relief in sight,” wrote Vale spokesperson Cory McPhee in an email to CBC News.

“During this period we are not approving any new project contracts.” Last month, Vale said it would seek out fresh copper mining options and stop expanding nickel production capacity after its second-quarter net income plunged on forex losses, rising costs and weaker iron ore prices. Continue Reading →

Sudbury gold explorer ready to take a chunk out of Quebec: Wallbridge Mining chases permit for bulk sample at high-grade gold project – by Staff (Northern Ontario Business – August 17, 2017)

https://www.northernontariobusiness.com/

A Sudbury junior miner is making preparations to extract a large bulk sample at an advanced gold project in northwestern Quebec. Wallbridge Mining announced that it has received a Certificate of Non-Liability from the Government of Quebec for the dewatering of the pit and ramp at its Fenelon Gold Project, and to take a 35,000-tonne bulk sample at the property, located 75 kilometres north of Mattagami.

The company said this allows them to proceed with an application for a certificate of authorization from the regional authority responsible for issuing permits. This review process is underway and typically takes 60 to 75 days.

After acquiring the old mine property last October, Wallbridge announced a positive prefeasibility study at Fenelon last February. Located in the gold-rich Abitibi region, it’s roughly on the same latitude – and just over the Quebec border – from the Detour Lake open-pit mine in northeastern Ontario. Continue Reading →

No cause found between McIntyre Powder exposure and neurological disease in miners, says WSIB – by Staff (Northern Ontario Business – August 17, 2017)

https://www.northernontariobusiness.com/

Organization promises further study to explore potential links in Northern miners

A WSIB-commissioned review of scientific research into the connection between aluminum powder exposure in the workplace and adverse health effects in humans has failed to find a link between exposure and illness.

On Aug. 17, the WSIB issued a release with the findings of the review — titled Systematic Review of Occupational Aluminum Exposure and Adverse Health Conditions — which Intrinsik Corp. launched earlier this year. “Overall, the systematic review and the statistical analysis conducted showed that the question of health risks from workplace aluminum exposure is complicated,” reads the study’s summary.

“The findings across the literature were inconsistent. Epidemiological studies have failed to establish consistent associations or clear exposure response relationships between workplace aluminum exposure and nervous system-related diseases, cognitive outcomes, lung function outcomes, and other negative outcomes.” Continue Reading →

Mining can be green and “sustainable” – by Staff (Northern Ontario Business – August 15, 2017)

https://www.northernontariobusiness.com/

Miners, First Nations feed fodder to government policy wonks

Government needs to help encourage greater Indigenous participation in the mining sector if it wants to make progress on national reconciliation and to “unlock billions of economic activity” across the country. The Canadian Mineral Industry Federation (CMIF) submitted an Aug; 14 policy paper at the Energy and Mines Ministers conference in Saint Andrews, N.B.

CMIF is a coalition of mining interests, led by the Mining Association of Canada and the Prospectors and Developers Association of Canada, who believe Canada can be a top supplier of sustainably-sourced minerals and metals operating within a low-carbon regime.

Since the mining industry is the largest private sector employer of Indigenous people, CMIF said government needs to invest in Indigenous health, education, skills training, and make progress on resource revenue sharing. CMIF suggests government use industry “as a platform” toward national reconciliation. Continue Reading →

11 Opportunities in Gold, Uranium and Diamonds (Streetwise Reports – August 14, 2017)

https://www.streetwisereports.com/

Former journalist James Kwantes, editor of Resource Opportunities, provides a tour of promising junior mining opportunities, from the extremes of northern Canada to the tropics of French Guiana.

The Gold Report: The U.S. stock market has been in a bull run for a number of years. What are your thoughts on the market and what it means for precious metals?

James Kwantes: Since Donald Trump was elected president, but also for years before that, large-cap U.S. stocks have been a “can’t miss” for investors, who have been rewarded for chasing returns. It seems very toppy to me, but that doesn’t mean it couldn’t go on for a while still. In 2000, in the big tech boom, the market caps of the two or three largest technology companies equaled the market cap of something like every mining company in the world.

We’re at that level again. We’re starting to see weakness in the U.S. dollar, and that’s positive for gold. These things are cyclical. Gold looks like it’s ready for the next longer-term breakout and we’re heading into a period of seasonal strength. We’re starting to see signs of strength in the junior market as well.

TGR: Would you talk about a couple of companies that you like in the precious metals area? Continue Reading →

[Northern Superior Resources] Sudbury junior miner breathes life into Far North, Quebec projects – by Ian Ross (Northern Ontario Business – August 15, 2017)

https://www.northernontariobusiness.com/

Measuring 20 kilometres by 30 kilometres, Morris believes TPK has district-scale
mining possibilities, comparable to the Hollinger Mine complex in Timmins or
the Red Lake district. “I’ve been in this business for 35 years. I’ve never
seen anything like this.”

Tom Morris is excited to be finally returning to his roots. The president-CEO of Northern Superior Resources has two projects on the go this summer as his Sudbury exploration outfit advances a promising Quebec gold project while simultaneously blowing the dust off a mothballed gold and base metals property in Ontario’s Far North.

“When it comes to doing what we’re supposed to be doing, which is exploration, we’ve been pretty dormant,” Morris admits. During the downturn, it was all about survivability for many junior miners who tightened their belts as exploration dollars dried up.

After weathering that period in reasonably good shape, and with market interest in commodities looking favourable, it’s now time to get back to work with exploration dollars in hand and new company leadership in place. “Timing was everything,” said Morris. “I kept the company going for this opportunity that we knew was coming at some point.” Continue Reading →

[Sudbury Vale] Layoff talk premature, Bertrand says – by Jim Moodie (Sudbury Star – August 15, 2017)

http://www.thesudburystar.com/

Vale may have to make some hard decisions in coming months regarding its operations in Sudbury, but the head of a local union says it’s premature to talk about job losses.

“In this case right now, there’s no numbers,” said Local 6500 president Rick Bertrand. “We’ve asked them straight out, is there going to be any layoffs of any kind, because there’s so many people talking about different numbers. What we got from the company is that there is not a number, they don’t have a number.”

Bertrand also said there has been no membership meeting to discuss layoffs, as The Star earlier reported, citing a source. “That’s totally not true,” he said. Concerns grew among workers over the past week after they were shown a Vale video suggesting tough times lie ahead. Continue Reading →

Timmins gold operations helping to sustain Tahoe – by Len Gillis (Timmins Daily Press – August 12, 2017)

http://www.timminspress.com/

TIMMINS – Despite the legal difficulties Tahoe Resources is having at its Escobal silver mine in Guatemala, the company reports strong financial results for the second quarter of 2017, thanks in part to the company’s gold operations. Earnings per share ($0.11) have doubled what they were for the same period last year ($0.05).

Tahoe president and CEO Ron Clayton told shareholders this week the gold side of the company is helping to sustain Tahoe, despite the fact the Escobal mine is shut down because of a dispute with some local residents.

The Escobal operation is the third-largest silver mine in the world. The gold side of Tahoe includes the Timmins West mining complex and the Bell Creek Mine. Tahoe also has gold properties in Peru – those being the Shahuindo Mine and La Arena Mine. Clayton said work at the Timmins operations was going well. Continue Reading →

Vale looking at layoffs in Sudbury – by Staff (Sudbury Star – August 12, 2017)

http://www.thesudburystar.com/

Vale Ltd. employees in Sudbury are bracing for possible layoffs after viewing a company video in recent days they say warned that the Brazil-based mining giant could soon be making cuts. “It seemed like a threat,” said one source, who requested anonymity. “It’s coming right from Brazil.”

Another source, also a Vale employee, told The Star he had also seen a company video in recent days that warned of possible reductions. He said he came away with the impression there would be “significant” job losses.

The sources say they have been given no details of how many jobs will be cut or when, or if layoffs would be permanent or temporary, but that they could affect members of both Local 6500 and Local 2020 of the Steelworkers. Local 6500 represents production workers, while Local 2020 represents office, clerical and technical staff in Sudbury. Continue Reading →

Sudbury Basin: Still a fascinating place – by Karen McKinley (Northern Ontario Business – August 10, 2017)

https://www.northernontariobusiness.com/

Sudbury Basin and areas northeast still offer up mineral riches after a century of mining, says new Sudbury District Geologist

The Sudbury Basin, Sudbury Mining District and surrounding area still has a lot to offer for mining, according to the new district geologist. “The basin has always been a fascinating place for geologists,” said Shirley Peloquin at the Ontario Geological Survey office inside the Willet Green Millar Centre.

“It’s still proving to be a very rich place for nickel and other reserves of minerals and this could go on for decades. As demand shifts for other minerals prevalent in the area we are always mapping, surveying and cross-checking with historical data. We are always finding new deposits.”

She explained much of the underground of the basin, as well as areas northeast of the basin to the Quebec border, are largely untapped. Much of the focus has been on the easier to extract surface deposits. From a casual view it would look like deposits are dwindling, but the opposite is true. Continue Reading →

McEwen Mining acquires Timmins Black Fox Mine from Primero – by Staff (Northern Ontario Business – August 10, 2017)

https://www.northernontariobusiness.com/

McEwen Mining will acquire Timmins’ Black Fox Mine from Primero Mining in a deal worth $35 million. In a news release, McEwen said the transaction fits in with additional acquisitions the company has made in the Timmins camp.

McEwen acquired Lexam VG Gold in April. Lexam, which now operates as a subsidiary of McEwen, counts amongst its properties Buffalo Ankerite, Fuller and Davidson, along with a 61 per cent interest in the mineral rights on the Paymaster property (the remaining 39 per cent is controlled by Goldcorp).

“Our objective is to build a long-term production platform with a robust pipeline of production, development and exploration assets, all feeding into a single processing facility,” Rob McEwen, chair and chief owner, said in the release. Continue Reading →

[Mining/Clean Resources Supercluster] Sudbury, mining must be part of debate – by Dick DeStefano (Sudbury Star – August 5, 2017)

http://www.thesudburystar.com/

Dick DeStefano is the executive director of the Sudbury Area Mining Supply and Service Association.

If you were asked to identify five major sectors that will create sustainable jobs and wealth in the next 150 years in Canada, would mining and related industries be on the list?

If I offered you a major chunk of $950 million over five years and you built a consortium that was willing to match the request dollar for dollar, would you be interested in helping to create a Canadian national mining cluster that will reflect the innovation and commercialization of applications that will improve safety and increase sustainability in this sector?

There is a new promise from Canada’s federal government that is calling on Industry leaders from select sectors to propose “superclusters” of technological innovation that promise to create jobs and spur economic growth. Innovation, Science and Economic Development Minister Navdeep Bains said in May 2017: “We are in a global innovation race. This is about creating a high value economy.”

Where do mining companies, supply chain companies, mining research institutions and Northern Ontario fit into this plan? Continue Reading →

New generation of mining vehicles unveiled: Atlas Copco unveils new Boomer M2C Battery driller – by Karen McKinley (Northern Ontario Business – August 3, 2017)

https://www.northernontariobusiness.com/

Battery-powered vehicles are taking over underground mining. To meet current demands for cleaner technology and to stay ahead of the innovation curve, Atlas Copco has created an entire suite of battery-powered vehicles, covering the process from bolting, blasting, mucking and hauling.

They added to their ever-growing fleet with the launch of the Boomer M2C Battery driller on Aug. 2 in Sudbury to complements their fleet that includes Minetruck MT42, Scooptram ST1030, Boomer 282 and Aramine L150 miniloader, which were also showcased at the event.

“Mining is coming back and as a company, we have to stay ahead of the innovation and meet demands,” said general manager Jason Smith. “Mines are looking for ways to make the process safer and more cost-effective. These battery-powered machines have zero emissions, unlike diesel machines and they cut down on time spent refueling and maintenance.” Continue Reading →

Lalor, ten years later: looking back a decade after discovery – by Jonathon Naylor (Flin Flon Reminder – August 2, 2017)

http://www.thereminder.ca/

A decade ago, following the old adage that the best place to find a new mine is in the shadow of an existing one, a team of prospectors found themselves at work near the town of Snow Lake. Truth be told, they were closer to Lalor Lake, a body of water named after Fintan Howard Lalor, a Canadian pilot officer and navigator presumed deceased after his plane went missing in eastern Canada in 1943.

In any event, the prospectors’ goal was the same as it always was: coordinate their drilling so as to pinpoint northern Manitoba’s next mine. The crew was in the employ of HudBay Minerals, formerly HBM&S and now known simply as Hudbay. Racking up sky-high profits at the time, the company was eager to build on its prolific mining legacy in the Flin Flon-Snow Lake region.

So why target Lalor Lake? The obvious answer was its close proximity to Snow Lake, which could supply workers to a mine, and even closer proximity to Hudbay’s lucrative Chisel North mine, indicative of the mineral-rich potential of the area. Continue Reading →