Archive | Ontario Mining

Putting Sudbury, North ‘on the map’ – by Mary Katherine Keown (Sudbury Star – May 26, 2016)

http://www.thesudburystar.com/

Sudbury’s export community got a nearly $2 million shot in the arm on Wednesday afternoon.

Navdeep Bains, Canada’s federal minister of Innovation, Science and Economic Development, and the minister responsible for FedNor, stopped by B&D Manufacturing, on Municipal Road 15 in Chelmsford, to announce $952,100 in funding for the Northern Ontario Exports Program (NOEP).

That amount will be matched by the provincial government for a total contribution of about $1.9 million. “This particular investment is designed to boost the value of exports and improve the capacity of northern Ontario firms,” Bains said. “This targeted investment will support ongoing delivery of the Northern Ontario Exports Program for a two-year period.” Continue Reading →

Railway eager to have ties in Ring of Fire – by Len Gillis (Timmins Daily Press – May 26, 2016)

http://www.timminspress.com/

TIMMINS – If and when the Ring Of Fire mining development takes off, Ontario Northland is ready to get the wheels rolling and show them how to run a railway. That was the message from Ontario Northland president and CEO Corina Moore, who spoke in Timmins at the FONOM conference earlier this month.

Moore was in Timmins to give municipal leaders an update on the provincially-owned transportation company, which provides rail freight service, limited rail passenger service and bus passenger service across Northeastern Ontario.

The Ring Of Fire is a mining prospect located near Webequie and McFaulds Lake about 600 kilometres northwest of Timmins. The venture is identified mainly as a chromite project, valued in the tens of billions of dollars. There are huge deposits of other metals there too, but so far none of the significant mining companies involved has moved forward with any sort of a mining operation because market prices are too low. Continue Reading →

Tahoe bets big on Lake Shore Gold – by Walter Franczyk (Northern Ontario Business – May 20, 2016)

http://www.northernontariobusiness.com/

The ink was barely dry on the deal to combine Tahoe Resources with Lake Shore Gold Corp. when company officials outlined plans to boost gold production in Timmins.

Tony Makuch, president of Tahoe’s Canadian operations, as well as Tahoe executive chair Kevin McArthur and Tahoe president and COO Ron Clayton, spoke in Timmins about their goal to increase gold production at the Lake Shore Gold Division from about 180,000 ounces of gold to 250,000 in four years.

“That’s going to be achieved through a number of growth projects,” said Mark Utting, Tahoe’s vice-president of investor relations. Combining the assets and resources of two strong mining companies to create an even stronger entity enables growth to move faster, he predicts. Continue Reading →

Endangered Species Act hot topic at upcoming NEOMA – by Len Gillis (Timmins Daily Press – May 25, 2016)

http://www.timminspress.com/

KIRKLAND LAKE – Concerns over Ontario’s Endangered Species Act continue to dominate discussions amongst Northeastern Ontario municipal leaders.

Less than two weeks after the annual meeting of FONOM (Federation of Northern Ontario Municipalities) was held in Timmins, Northern leaders are now preparing for the annual meeting of the Northeastern Ontario Municipal Association (NEOMA) which is to be held in Kirkland Lake this coming Friday.

Several items on the NEOMA agenda include The Endangered Species Act and what the implementation of the act means for Northern Ontario communities that rely on resource-based industries, such as logging and mining. The Act will be spoken to in a presentation to be made by the Ontario Ministry of Natural Resources and Forestry (MNRF). Continue Reading →

NEWS RELEASE: Wallbridge Mining Enters Into Agreement to Acquire Fenelon Gold Project in Quebec

http://www.wallbridgemining.com/

Toronto, Ontario — May 25, 2016 – Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) (“Wallbridge”) is pleased to announce that it has entered into a binding Letter of Intent (“LOI”) dated May 24, 2016 (the “Agreement Date”) to acquire 100% of the Fenelon Gold Property (“Fenelon Mine Property”) from Balmoral Resources Ltd.
(TSX:BAR; OTCQX:BALMF) (“Balmoral”) for a purchase price of $3.6 M.

The Fenelon Mine Property is an advanced stage project with near-term production potential, as well as drill intersections suggesting exploration potential for resource expansion. The project is located in West-Central Quebec, within the same geological belt that hosts the large Detour Gold mine in Ontario.

“This acquisition is an important step forward for Wallbridge as we implement our strategy of becoming a sustainable producer. Having completed our Broken Hammer open pit mine last year, where we achieved production substantially in excess of the resource estimate in the prefeasibility study and received recognition for safety, this new project allows us to leverage our experience and knowledge as a proven operator to create value for our shareholders. Continue Reading →

Kirkland Lake CEO: Mergers To Pick Up In Gold Sector; Company In Transitional Year – by Allen Sykora (Kitco News – May 19, 2016)

http://www.kitco.com/

(Kitco News) – Mergers between gold-mining companies may start picking up again as officials look to replace reserves after reduced exploration efforts in recent years when lower prices dented revenues, says George Ogilvie, president and chief executive officer of Kirkland Lake Gold Inc. (TSX: KGI).

However, there is likely to be a focus on acquiring quality assets rather than simply adding ounces, the CEO said in an interview with Kitco News. Ogilvie noted that his company is in a transitional year as output rises in the aftermath of the St Andrew Goldfields Ltd. acquisition completed in January.

Several years ago, when gold was on its way to record highs, many producers were racing to hike output through organic growth and merger-and-acquisition activity. Subsequently, when gold went into a bear market, producers collectively lowered their long-term gold price assumptions and undertook massive asset write-downs. Continue Reading →

Quebec junior Explor Resources exploring around Kidd Mine – Staff (Northern Ontario Business – May 17, 2016)

http://www.northernontariobusiness.com/

Glencore is wrapping up production at its Kidd Creek Mine in 2021, but a Rouyn-Noranda junior miner believes there’s more zinc and copper to be found.

Explor Resources has started a geophysical program to define targets on its properties, 20 kilometres north of Timmins, following by a 3,000-metre drilling program. The company’s group of properties – totalling 2,700 hectares – surround Glencore’s Kidd Creek Mine.

In a May 17 release, the company said exploration drilling to date has revealed a major fault structure running to the west of the Kidd Creek Mine in a northwest to southeast direction. Falconbridge had previously drilled to the southeast of the mine in 1998 with some encouraging results. Continue Reading →

[Sudbury] The Best Underground Technology Cluster in North America – by Dick DeStefano (Sudbury Mining Solutions Journal – May 2016)

Dick DeStefano is the Executive Director SAMSSA.

Northern Ontario Shines in Underground Technologies

Michael Denham, the new CEO of Canada’s Business Development Bank, recently acknowledged that small to medium enterprises (SMEs) represent 99.8 per cent of all Canadian companies, produce 66 per cent of jobs in the country, represent more than 50 per cent of Canada’s GDP and that we need more SMEs generating more growth to sustain our economy in an era of globalization and increasing numbers of free trade agreements.

These observations apply to numerous sectors of the economy, but are especially valid in the most sophisticated underground technology centre in Canada. The number of employees in Northern Ontario with its 500 plus mining supply and service companies employing approximately 23,000 people is double the number of people directly employed by mining companies in Northern Ontario.

Free trade agreements, which are proliferating in the global market, will be advantageous to SMEs offering sophisticated technologies that will enhance productivity. These companies are very visible in our mining cluster in Northern Ontario. Continue Reading →

No time line for Ring of Fire, Premier – by Alan S. Hale (Timmins Daily Press – May 16, 2016)

http://www.timminspress.com/

Ontario Premier Kathleen Wynne will not give a timeline for when people can expect the Ring of Fire chromite development to be up and running. But, she says, those who think the project is stalled or that the Ontario government isn’t doing enough to get the mining project off the ground may not be seeing the full picture.

Minutes after she had promised a group of miners at Kidd Operations that the Liberal government would “position Ontario over the next decade as the global leader in sustainable mineral development.” The Daily Press sat down with the premier and asked when the project will be operational.

“I want to get shovels in the ground to build related infrastructure as soon as we can, but I’m not going to preempt the process. But by the time I finish my first term as premier, I want us to be able to point to progress that we can point to,” said Wynne. Continue Reading →

150 miners’ names added to McIntyre powder registry – by Ron Grech (Timmins Daily Press – May 14, 2016)

http://www.timminspress.com/

TIMMINS – Janice Martell walked into the room where volunteers had gathered in preparation for a two-day miner’s health clinic starting the next day in Timmins. It was a gratifying and emotional moment for her. There were 50 volunteers from different health organizations and local unions. “It just hit me we’re not alone anymore,” said Martell.

It was a far cry from the way she felt just a few years ago when she reluctantly withdrew her father’s application for Workman’s Compensation on a claim he was suffering neurological effects from repeated exposure to McIntyre Powder aluminum dust while working as a uranium miner Elliot Lake.

“I withdrew my dad’s claim because I realized there was no way to win,” Martell recalled. “When you’re an individual person and you apply for WSIB (Workplace Safety & Insurance Board benefits), you feel so isolated. Continue Reading →

High energy costs zapping new mine opportunities – by Len Gillis (Timmins Daily Press – May 14, 2016)

http://www.timminspress.com/

TIMMINS – Timmins Mayor Steve Black told top government officials Friday that if hydro rates are not discounted for new industrial projects, Northern Ontario would be losing more business to the province of Quebec. Black said it is a real concern involving a real company ready to invest in Timmins and Black said he “would hate to lose this project.”

The mayor was speaking to a group of Ontario cabinet ministers who took part in the traditional “bear-pit session” at the annual conference of the Federation of Northern Ontario Municipalities (FONOM) which was held at the McIntyre Community Building in Timmins this week. The bear-pit session is that part of the conference where government leaders are questioned directly on contentious issues raised by the municipal leaders, mayors and councillors.

Those taking part in the session included housing minister Ted McMeekin, natural resources and forestry minister Bill Mauro, government services minister David Orazietti and parliamentary assistant to the minister of the environment Glenn Thibeault. Continue Reading →

Timmins presents itself as model mining town – by Alan S. Hale (Timmins Daily Press – May 13, 2016)

http://www.timminspress.com/

TIMMINS – The creation of a new gold mine in the heart of Timmins is something other city planners in Canada are curious about and it’s something that Timmins planning manager Cindy Welsh is pleased to explain and endorse. Welsh believes that with good planning and good policies, almost anything it possible.

That’s what Welsh was explaining Thursday at the annual conference of the Federation of Northern Ontario Municipalities (FONOM) conference at the McIntyre building in Timmins, where more than 200 mayors and councillors from across the North have gathered.

Welsh was one of the workshop speakers who raised a few eyebrows when she outlined the planning process involved in the creation of the new open pit gold mine in the heart of the city. Continue Reading →

Roads, not rail preferred to transport Ring of Fire chromite, miners told – by Matt Sookram ( BayToday.ca – May 13, 2016)

https://www.baytoday.ca/

“Hopefully if we get everything right it will be ready for the next commodity cycle.”

After 10 years the Ring of Fire remains stalled at the earliest stages of development, and that’s bad news for North Bay with up to 70 mining related companies located here. A roundtable discussion, part of Mining Week in North Bay, tackled different ideas last night on how to move forward with the project.

David Paul Achneepineskum is the Chief Executive Officer for Mattawa First Nations Management and says they are really building the foundation first, before they can begin discussions and, more importantly, negotiations.

Achneepineskum says there are still many factors to consider, “We have four pillars that we want to address and agree upon. One is environment, the other is revenue sharing, and there’s also infrastructure and community and social economic impacts.”

Some of the major discussions in the past have centred on whether the best way to transport chromite out of the Ring of Fire is by rail or road. Continue Reading →

Ontario North promised more infrastructure funding – by Len Gillis (Timmins Daily Press – May 13, 2016)

http://www.timminspress.com/

TIMMINS – Ontario Premier Kathleen Wynne told municipal leaders in Timmins on Thursday that her Liberal government plans to continue spending money on infrastructure for things like roads, waterlines and sewers.

While it was welcome information for the mayors and councillors attending the annual FONOM (Federation of Northern Ontario Municipalities) conference it sounded a lot like an election speech which is not completely unexpected, given that Ontario voters will go to the polls on June 14, 2018.

Wynne alluded to that when she mentioned that her government is effectively at the halfway point and she listed the many and varied achievements of the Queen’s Park Liberals under her direction. “So we’re nearly halfway through our mandate to build Ontario up so really this morning I want to show you what it is exactly that we are building in Ontario,” the premier told the delegates in the morning session. Continue Reading →

First Nations have growing influence in developing the North – by Len Gillis (Timmins Daily Press – May 12, 2016)

http://www.timminspress.com/

Former Ontario premier Bob Rae told Northern Ontario’s political leaders on Wednesday they have to recognize and accept the place and role of First Nations in the growth and economic development of this part of Ontario from this day forward.

Rae, who is the advisor and chief negotiator for the Matawa Tribal Council, was the keynote speaker at the opening of the annual conference of the Federation of Northern Ontario Municipalities (FONOM), which is on this week in Timmins.

More than 260 delegates from across Northern Ontario consisting of mayors, councillors and key staff members are at the McIntyre Community Building for the next two days to debate and discuss issues of common concern. What makes this conference stand out is the participation of so many high profile provincial leaders including Premier Kathleen Wynne and the Ontario party leaders. Continue Reading →