Archive | Ontario Mining

Chinese rail engineering firm scopes out Ring of Fire proposal – by Ian Ross (Northern Ontario Business – November 26, 2015)

No sense getting into the chromite business without having China on your radar, according to KWG Resources.

With more than half of the world’s ferrochrome is being consumed by the People’s Republic, Moe Lavigne, vice-president of exploration and development for the Toronto junior miner, said it’s a no-brainer that his exploration firm would strike a deal with a Chinese railroad engineering outfit to investigate the economics of a Ring of Fire railroad.

KWG announced on Nov. 24 a three-year agreement with China Railway First Survey and Design Institute to conduct, what amounts to, a pre-feasibility study of KWG’s long-standing plans for an ore-haul railway from northwestern Ontario to the James Bay region to haul out chromite for processing. Continue Reading →

NEWS RELEASE: China Railway FSDI Signs KWG Standstill Agreement

TORONTO, ONTARIO–(Marketwired – Nov. 24, 2015) – KWG Resources Inc. (CSE:KWG) (“KWG”) and China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) have signed a Confidentiality and Non-Disclosure Agreement arranged by Golden Share Mining Corporation (TSX VENTRUE:GSH) (“GSH”), which includes a three-year standstill provision, to enable the scoping and engineering data of KWG subsidiary Canada Chrome Corporation (“CCC”) to be made available for examination and analysis by FSDI.

The parties intend to explore the possibility of a negotiated transaction between them for FSDI to undertake a feasibility study for KWG on all aspects of the construction of a Ring of Fire transportation corridor and railroad, including terms for construction financing facilities. FSDI has begun its review of the CCC data and advises that it will deliver a proposal to the parties as soon as possible in preparation for discussions in early 2016. Continue Reading →

Is Ring reality or myth: next 100 days will tell – by Stefan Huzan (Thunder Bay Chronicle-Journal – November 8, 2015)

Thunder Bay Chronicle-Journal is the daily newspaper of Northwestern Ontario.

I believe the next 100 days will demonstrate if there is to be a new economic reality in Northern Ontario because Justin Trudeau, the new prime minister of Canada, has appointed Patty Hajdu, Thunder Bay-Superior North, to the federal cabinet.

After all, the biggest promise of the Liberal election campaign was multi-billion dollar investments for growth.

And, it is important to note that Ontario Liberal premier Kathleen Wynne had also won majority support of voters in 2014, to a large extent on the basis of similar promises of multi-billion dollar investment into infrastructure. Continue Reading →

[Sudbury Neutrino Observatory] Art McDonald on how to win a Nobel Prize – by Kate Lunau (MACLEAN’S Magazine – November 21, 2015)

All it takes is one mine, 1,000 tonnes of heavy water, 274 scientists and the backing of an entire town

Arthur McDonald, tall, bespectacled and silver-haired, is hiking down the rocky tunnel of a nickel mine outside Sudbury, Ont., after descending more than two kilometres underground in a mine cage. The space is lit mainly by the roving headlamps worn by his small group. Roof bolts and steel screens brace the rock overhead.

The terrain is uneven, and it’s easy to stumble. McDonald, 72, takes slow, considered steps, occasionally turning to warn the others of a treacherous puddle or ditch. Fatigue is a common side effect of time spent this deep underground, where the air pressure is much higher than above ground, but he doesn’t seem to feel it. Continue Reading →

What is the Ring of Fire? – Moving towards the sustainable development of this vital resource (Society Notes – November 17, 2015)

The official blog of the Ontario Society of Professional Engineers.

The Ring of Fire refers to a 5,000 km2 area in the James Bay Lowlands (550 km north of Thunder Bay) considered to be one of the largest potential mineral reserves in Ontario. Containing chromite, nickel, copper, zinc, and gold, the Ontario Chamber of Commerce estimates that this region in the James Bay Lowlands could generate $25 billion in economic activity, creating thousands of new jobs across the province for 30 years.
Did You Know?

The Ring of Fire has been called a “once-in-a generation economic opportunity” and the “most promising mineral development opportunity in Ontario since the discovery of the Sudbury Basin in 1883 and the Timmins gold camp in 1909. Continue Reading →

The Early Years of Bushflying [Strong Northern Ontario Mining Link]

With the advent of war in 1914, there were few registered pilots in Canada, and even fewer aircraft. Flying was a novelty of the well-to-do, and certainly, the daring.

But over the next five years, young Canadian men would come to comprise almost one-third of the British air services. For many, it was an opportunity to escape the horrors of the trenches – the mud, cold, rats, lice and the ever-ominous threat of a horrible death. It was a chance to take to the pristine blue skies, with the wind in your face and a silk scarf round your neck trailing in the breeze.

But there is little glamour in warfare of any kind. And many paid an exacting price. While the airplanes kept them out of the trenches, it posed its own threats. Continue Reading →

De Beers seeks First Nation exploration support – by Tanya Talaga (Toronto Star – November 18, 2015)

The Toronto Star has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion.

A De Beers Canada team from is visiting Ontario’s remote Weenusk First Nation, seeking community support to conduct diamond exploration work.

An exploration team from De Beers Canada was expected to be in northern Ontario’s remote Weenusk First Nation on Tuesday, to seek community support to conduct diamond exploration work.

Weenusk First Nation, or Peawanuck, is a small community of nearly 400 people, 1,400 km north of Toronto, on the shores of the Winisk River. Continue Reading →

General Magnesium signs deal to process ore – by Ron Grech (Timmins Daily Press – November 16, 2015)

The Daily Press is the city of Timmins broadsheet newspaper.

TIMMINS – William Quesnel says it has been a slow 15-year process completing the geological work and getting government approvals in order for him to start up a talc magnesium mine in Whitney Township.

And now like tumbling dominoes, everything seems to be quickly coming into place for the company to begin production next year.

Two weeks ago, Quesnel, chairman and chief executive officer of General Magnesium, announced the signing of a $4.9 billion deal with Hunter Douglas Metals, providing the mine with a buyer for 100% of the magnesium the mine produces over the next 15 years.

This week, Quesnel announced the signing of two more agreements — one with Abbey Gold to process the ore from the Whitney talc magnesite deposit; the other with Haywood Securities, a financing house that will be taking General Magnesium from a privately financed company to one that is publicly sold on the stock market. Continue Reading →

[Ontario] Open the north; get on with it – Editorial (Thunder Bay Chronicle-Journal – November 12, 2015)

Thunder Bay Chronicle-Journal is the daily newspaper of Northwestern Ontario.

Ontario has just completed the fourth Northern Leaders Dialogue. Provincial, municipal and indigenous leaders gathered in Thunder Bay to discuss issues around development and transportation, part of the province’s growth plan for Northern Ontario.

The advent of exploration around the rich Ring of Fire mineral belt has added urgency to the notion of opening the North. Yet there remains much indecision on whether transportation should be rail or road, east-west or north-south. Who should pay what share of the cost? While Ontario spins its wheels, what are neighbouring provinces and other jurisdictions doing?

In Quebec, 950 kilometres north of Quebec City, Stornoway Diamond Corp. invested $800 million in capital expenditures in the province’s first diamond mine. To provide year-round access, the province and Stornoway split the cost of building a 243-kilometre road serving one of 35 mines that the Quebec government estimates will be operating by 2020. Continue Reading →

Green light for Goldfields to start up Taylor mine – by Alan S. Hale (Timmins Daily Press – November 11, 2015)

The Daily Press is the city of Timmins broadsheet newspaper.

BLACK RIVER-MATHESON – St. Andrew Goldfields has received approval from the provincial government to begin commercial production at the Taylor Mine, located 53 kilometres east of Timmins.

The project’s closure plan received final approval from the mining project from the Ministry of Northern Development and Mines last week.

“We are pleased to declare Taylor the newest mine in Ontario, one which we anticipate will bolster the company’s gold production profile for 2016 by 40,000 to 50,000 ounces and provide much-needed jobs and economic benefits to the communities of the region,” said Duncan Middlemiss, the president and chief executive officer of St. Andrew Goldfields in a statement.

“The mine is expected to be a significant contributor in the future as we are ramping up to full production by the end of this year.” Continue Reading →

[Ring of Fire] Access road priority: MP – by Carl Clutchey (Thunder Bay Chronicle-Journal – November 7, 2015)

Thunder Bay Chronicle-Journal is the daily newspaper of Northwestern Ontario.

No “trained seal” this guy. Though he didn’t make it into Prime Minister Justin Trudeau’s first cabinet, veteran Liberal MP Bob Nault said he’s confident a promised open style of government will allow him to make the case for pressing Northern issues, including a main access road into the Ring of Fire mining belt.

“You don’t have to be in cabinet to be effective in this job,” Nault (Kenora) said Friday. “We’re moving to a system where the roles of (backbench) MPs and Parliamentary committees are going to be strengthened.”
Chuckling, Nault added: “We don’t have to sit there like trained seals,” a reference to how Justin’s father, Pierre Trudeau, once viewed backbenchers.

Nault, who was Indian Affairs minister when he retired from politics in 2004 after 16 straight years in the House of Commons, said he decided to get back into federal politics because of what he saw as a top-down approach by the former Harper government. Continue Reading →

Webequie chief calls for true partnerships at mining summit – by Rick (Wawatay News – November 2015)

Webequie Chief Cornelius Wabasse called for “true partnerships” at the 4th Annual Mining Ready Summit, held Oct. 28-29 in Thunder Bay.

“That’s the way going forward for us to have a step in the processes and also be part of the processes that are potentially going to happen in our area,” Wabasse said. “We have to have these agreements and they have to be real and they have to be honoured.”

Wabasse said his community does not want to sign agreements where “nothing is happening on our side.”
“We know that we have to work our part as well too to make that agreement become reality,” Wabasse said. “We need to understand as First Nations about that agreement, what we need to do to make that happen as well too.”

Wabasse said his community is not opposed to development. “We want to be able to benefit from our lands and resources,” Wabasse said. “We want to be able to benefit from any development that is happening in our area. Continue Reading →

Oban Mining to pick up Northern Gold (Northern Miner – November 9, 2015)

The Northern Miner, first published in 1915, during the Cobalt Silver Rush, is considered Canada’s leading authority on the mining industry.

Northern Gold Mining (TSXV: NGM) is the fourth junior this year to sign a business combination agreement with Oban Mining Corp. (TSX: OBM), joining Eagle Hill, Ryan Gold and Corona Gold, which consolidated their properties in Ontario and Quebec under the Oban banner in September.

“We’d been looking at Northern Gold for a while,” says John Burzynski, Oban Mining’s president and chief executive officer. “It’s been in our area of interest for quite some time and is one of a number of acquisitions that we are looking at doing in the near future.”

Oban Mining’s goal is to consolidate areas in the historic mining camps of the Abitibi and then apply its exploration model to find gold and other metals, a strategy that Burzynski, Sean Roosen and Robert Wares used to great success after they founded Osisko Mining Corp.

Osisko went on to build the Canadian Malartic mine in Quebec, which was sold in 2014 to Agnico Eagle Mines (TSX: AEM; NYSE-MKT: AEM) and Yamana Gold (TSX: YRI; NYSE-MKT: AUY) in a cash and share deal worth $3.9 billion. Continue Reading →

Mining analyst Stan Sudol weighs in on Ring of Fire development – Interviewed by Up North’s Jason Turnbull (CBC News Sudbury – November 6, 2015)

This week at Queen’s Park, the PCs said the Liberals were planning a tax on chromite. Analyst Stan Sudol weighed in.

Click here for interview:

Noront CEO Al Coutts on Ring of Fire Road Infrastructure and Eagle’s Nest Mine – Interviewed by Superior Morning’s Lisa Laco (CBC News Thunder Bay – November 6, 2015)

Over the past few years the Ring of Fire has certainly cooled off. Al Coutts of Noront Resources talks about their plans… and keeping anxious investors happy.

Click here for interview: