Archive | Northern Ontario/Canada Regional Media

Orefinders Resources starts assessment study of former Kirkland Lake mine – by Staff (Northern Ontario Business – March 21, 2017)

A Toronto junior explorer has eyes on putting a former Kirkland Lake-area gold mine back into production.

Orefinders Resources are crunching the numbers on a new resource calculation around a high-grade gold zone they discovered within the former Mirado open-pit mine, and are starting a preliminary economic assessment (PEA) to consider restarting mining operations.

The property, located 35 kilometres southeast of Kirkland Lake, contains three former mines, including the Mirado. Gold was first mined on the property in the 1940s followed by number of companies who subsequently explored, drilled and mined over the years, the last being Golden Shield Resource in the mid-1980s. Continue Reading →

Ontario First Nation plunges into mine training – by Ian Ross (Northern Ontario Business – March 20, 2017)

Wahgoshig, Primero Mining finds common ground in hard rock mining

A Northern College mining training program is providing a path to employment for a northeastern Ontario First Nation community.

A Feb. 24 ceremony held at the college’s Timmins campus for five Wahgoshig First Nation residents who graduated from the underground hard rock miner common core program marked the fourth and final class from a successful three-way partnership between the college, Wahgoshig, and Primero Mining Corp., operators of the Black Fox Gold Mine near Matheson.

Buoyed by funding from the province’s Aboriginal Economic Development Fund, that brings the total complement of Wahgoshig graduates to 24, with 72 per cent from that group still working in the mining industry. Continue Reading →

Eastern Canada attracting the most mining exploration dollars: S&P report – by Nelson Bennett (Business Vancouver – March 14, 2017)

British Columbia can still brag about how beautiful it is, but in terms of drawing investment in mineral exploration, it may no longer be as attractive as it once was. Recent reports offer the mining and exploration sectors some optimism that a four-year-long bear market has ended, although projections are that exploration spending in 2017 will be flat.

Canada has been leading the way in exploration spending, accounting for 14% of the global budget, according to S&P Global’s recent Worldwide Mining Exploration Trends report. But much of that new spending appears to be going to Ontario, Quebec and mining’s new darling – Saskatchewan. B.C. appears to have fallen out of favour with those holding the exploration purse strings.

Of the investment in exploration in Canada during 2016, 41% was in Ontario and Quebec, with gold exploration accounting for 50%. That is telling, because B.C., not Ontario, is the province with the largest significant gold deposits, according to an SNL Metals & Mining report last year. Continue Reading →

Searching for a hidden gem: OGS cataloguing mining data in the Sault district – b Lindsay Kelly (Northern Ontario Business – March 13, 2017)

At the Ontario Geological Survey’s Resident Geologist Office in Sault Ste. Marie, staff is undertaking a project to catalogue and digitize mining data that’s been unavailable to the online public — until now.

District geologist Anthony Pace said a mining company will often donate data to the Ministry of Natural Development and Mines (MNDM), such as original mine or surface plans, after a mine shuts down, or an exploration project comes to a close.

It’s information that could be valuable for future prospecting or exploration on the site, but it’s only available in limited format. “If we lose that data, the actual original data, it’s gone,” Pace said. “We don’t even have a form of backup for it.” Continue Reading →

Ontario’s Hemlo gold mine could live longer – by Carl Clutchey (Thunder Bay Chronicle-Journal – March 12, 2017)

Barrick Gold’s flagship Hemlo operation near Marathon could operate for nearly another 10 years if ongoing exploration and analysis at the site bears fruit, the company says. “If the study results are positive, the life of the mine could be extended to 2026, pending a positive investment decision,” Barrick spokesman Andy Lloyd said in an email on Friday.

News of the studies confirm what many locals have believed for the past year or so – that Hemlo still has a lot of life left if the price of gold remains above US $1,000 per ounce.

Hemlo, which consists of open-pit and underground operations at the 30-year-old Williams mine, is slated to run at least until 2021. Though the news sounds good, Lloyd said Barrick can’t yet say for sure that Hemlo will operate until 2026. “It’s important to stress that we are in the study phase, and we need to await the outcome of that work before we can make decisions on future development,” he said. Continue Reading →

Forging mining ties with Mexico – by Staff (Sudbury Star – March 13, 2017)

The Greater Sudbury area now has a mining connection with a Mexican state.

During Mexico Mining Day last week at the Prospectors and Developers Association of Canada convention in Toronto, Nickel Belt Liberal MP Marc Serre signed a letter of intent for the Greater Sudbury Development Corporation, the Sudbury Area Mining Supply and Services Association and the State of Guerrero.

The three parties agreed to work together for mutual economic benefit. “Collaboration and creating partnerships are important to the growth of our economy, communities and countries,” Serre said in a news release. “Each year, the industry employs nearly 20,000 residents of Northern Ontario.

It’s important to note the amount of time, dedication and succession planning it takes to bring this forward. It has been a pleasure representing our region at PDAC and I believe Greater Sudbury is the best represented city at the convention.” Continue Reading →

Tahoe Resources reports strong gold production – by Len Gillis (Timmins Daily Press – March 11, 2017)

Tahoe Resources Inc., which has significant gold properties in Timmins, said Friday it has enjoyed one of its strongest gold production performances, thanks in part to the newly acquired gold operations in Timmins.

Tahoe is the gold and silver mining company that took over Lake Shore Gold operations in Timmins nearly one year ago, at the end of March 2016. Although earnings were down for Q4, the company reported strong earnings and dividends for the past year.

In the latest financial statement released this week, it was revealed that probable mineral reserves at the Bell Creek and the Timmins West mines have both been cut back to new, lower numbers. Continue Reading →

Letter outlines reasons for Stobie’s closure – by Harold Carmichael (Sudbury Star – March 11, 2017)

This is a copy of the letter sent by Vale’s Stuart Harshaw to Stobie Mine employees, which The Sudbury Star has obtained, about the mine’s closure.

“Hello everyone: I am writing to inform you that after more than 120 years and more ore produced than any other mine in the history of Sudbury, operations at Stobie Mine will be suspended later this year with the mine placed on care and maintenance.

As you know, our Base Metals business has been challenged for many years now due to the prolonged downturn in metals prices and ongoing challenges in the market. This has driven us to look closely at every aspect of our business globally to try to remain cash flow positive. Continue Reading →

End of the line for Sudbury’s Stobie Mine – by Harold Carmichael (Sudbury Star – March 11, 2017)

Harshaw also said Vale still believe in its Sudbury operations.”Vale is
committed to our future in Sudbury,” he said. “Over the past decade, we
have invested $4.7 billion to modernize and upgrade our operations.

Vale plans to shut down its long-running Stobie Mine by the end of the year, affecting some 230 employees. “This is a necessary decision but a sad one,” Stuart Harshaw, Vice-President of Ontario Operations, Vale Canada Limited said on Friday. “Stobie has a rich history and has been integral to our success for more than a century.

“However, after more than 100 years of operation, the mine is approaching the end of its natural life. The low grades at Stobie are no longer economical to mine in today’s challenging price environment.”

Harshaw also said Vale still believe in its Sudbury operations. Continue Reading →

Sudbury’s Bio-Mine impresses mining convention (Sudbury Star – March 10, 2017)

The Canadian Press – TORONTO — Programmable bacteria, a gold-sniffing camera and a virtual reality tool for taking investors underground were among the innovations on display at the world’s biggest annual mining convention in Toronto this week.

Their makers say these and other technologies have the potential to reshape the mining industry at every stage — from financing and exploration to extraction and cleaning up sites once the metal is gone.

Some veterans of the Prospectors and Developers Association of Canada (PDAC) convention say such innovation is badly needed in an industry traditionally resistant to change.“There’s a lot of inertia in our business,” said George Salamis, chairman of Vancouver-based Integra Gold Corp. (TSXV:ICG). Continue Reading →

Expanding Sudbury’s research ‘culture’ (Sudbury Star – March 9, 2017)

Cambrian College and Laurentian University announced an agreement Wednesday they say will boost research and innovation in Northern Ontario.

The agreement facilitates the creation of collaborative partnerships and enables faculty, students and staff at both institutions to pursue large-scale research projects, Cambrian and Laurentian said in a joint press release.

The schools will share professional expertise, facilities, equipment, and administrative services, the release said, in order to boost innovation, productivity and results. Continue Reading →

Sudbury mine engineer writes kid’s mining book – by Laura Stradiotto (Sudbury Star – March 9, 2017)

A Sudbury mining engineer has penned a children’s book as a way to promote diversity in the workplace and encourage more women to enter the industry.

Theresa Nyabeze works as a front line supervisor at Vale and is president of Women In Science and Engineering (WISE) Sudbury. She is also part of a small demographic who make up the mining workforce. According to a 2014 study by Global Mining Standards and Guidelines, women account for only five to 10 per cent of the international mining workforce and only seven per cent serve on board positions.

In response to this trend, Nyabeze started her own business, Diversity STEM, with a mandate to create products and avenues to promote careers in science, technology, engineering, and mathematics (STEM). The first project launched under her business is the illustrated children’s book, Underground! My Mining Adventure. Continue Reading →

First Nations welcome mining but it needs to be fair, says Ontario regional chief – by Frank Giorno (Timmins Today – March 8, 2017)

“Contrary to popular belief, Canada’s First Nations welcome mining
developments,” emphasized Day. And want to be able to share in the
benefits – including revenue sharing a concept, that was advocated
in the Federal Royal Commission into Aboriginal People and also the
Provincial Ipperwash Commission.”

Mining is important for improving the wellbeing of First Nations, but revenues from mining must be shared more equitably, said Chiefs of Ontario Regional Chief Isadore Day, at the opening ceremony for the Prospectors and Developers Association of Canada Convention in Toronto.

“I want to acknowledge that the work of PDAC has really moved forward the agenda of indigenous people working in mining,” said Day. Day said Ontario and Canada must implement a nation-to-nation relationship and revenue sharing that have been recommended by the Royal Commission on Aboriginal Peoples and the Ipperwash Inquiry in 2007 neither government has so far implemented those recommendations.

“Contrary to popular belief, Canada’s First Nations welcome mining developments,” emphasized Day. Continue Reading →

PDAC 2017 kicks off with mining investment seminars – by Frank Giorno (Sudbury Northern Life – March 6, 2017)

The 85th Prospectors and Developers Association of Canada convention, one of the largest mining shows in the world, with annual participants in the 25,000 to 30,000 range, officially kicks off the evening of Sunday March 5, with a reception for the army of media covering the event at the Royal York Hotel.

Jim Carr, the Canadian Minister of Natural Resources will be the featured speaker at the media reception. However, unofficially things got started on Friday with a mining investment conference at the Trump Toronto Hotel.

The investment conference known as the Red Cloud featured presentations from many mining exploration companies seeking and investors and investors looking for promising mining developments to build a fortune on. Continue Reading →

Losing Your Social Licence – by Anthony Davis (Lexpert Special Edition: Mining – 2016/2017)

The global mining sector is under crushing pressure to slash budgets for project development just to survive the current cycle of low metal prices. Yet, while some Canadian mining outfits operating domestically and abroad are touching the brakes on their corporate social responsibility programs, most realize completely stopping CSR programs to save money could be a death knell for current operations and future development when prices do bounce back.

Toronto environmental lawyer Adam Chamberlain hasn’t personally seen mining-sector clients or companies “pushing aside their CSR initiatives.” But, adds Chamberlain, National Leader of the Team North, Aboriginal Law and Climate Change Groups at Borden Ladner Gervais LLP, with profits down in the sector there’s been a disincentive to move CSR initiatives ahead at the pace they once did.

“That has implications. Even if you still have every intention of doing all the great things you need to do to maintain your CSR commitments to the outside world, it’s going to look like you are doing less, even if you eventually do the same things you’ve always promised you’d do.” Continue Reading →