Archive | Ontario Mining

NEWS RELEASE: Erin O’Toole announces Energy & Natural Resources Policy

“Making the opportunities of Ontario’s Ring of Fire a national priority
by declaring chromite a nationally significant resource and the development
of the Ring of Fire as a project of national significance. This will allow
the Government of Canada to take the lead on the Ring of Fire and expedite
the transportation corridor urgently needed to attract more investment into
the many northern Ontario communities which sought to host the Ring of Fire’s
infrastructure.” Erin O’Toole

OTTAWA, February 23, 2017 – Conservative Party of Canada leadership candidate Erin O’Toole today announced his plan to reinvigorate Canada’s economy by advancing major energy and natural resource projects.

O’Toole announced that, as Prime Minister, he will support the energy and natural resource sectors by:
• Passing a National Strategic Pipelines Act, declaring major pipeline projects, including Energy East, as strategic to Canada’s economic interests. Continue Reading →

Mining’s ‘good news story’ – by Len Gillis (Sudbury Star – February 19, 2017)

http://www.thesudburystar.com/

No one can say for certain when it happened the last time, but Ontario’s mining industry is basking in what might be the best “good news story” to come along in quite awhile. No one died in a mining accident last year in Ontario.

In all of 2016, there was not one mining fatality and Ontario Labour Minister Kevin Flynn said everyone in the industry deserves a pat on the back because of it.

In an interview with The Daily Press, Flynn said labour leaders, mining managers and the rank-and-file workers can all take a bow for looking out for each other and for themselves. Flynn said it might have been seen as mission impossible, but now everyone knows it can be done. Continue Reading →

Northern Prospectors Association expects challenges in 2017 (Kirkland Lake Northern News – February 15, 2017)

http://www.northernnews.ca/

KIRKLAND LAKE – The Northern Prospectors Association recently held its annual general meeting. During the meeting Association President Gino Chitaroni gave a speech which reviewed 2016. Chitaroni stated it was an up and down year for the mining industry.

“Exploration expenditures are once again down in 2016 making this current bear cycle going on to 6 years. Its nothing short of brutal. Yet, there has been one good news story, in another tough year for exploration, and that is the “Cobalt Rush” that has been happening in the Cobalt Mining Camp. This rush has not been seen in the Cobalt Camp since the Silver discovery in Cobalt of 1903 which has resulted in a renaissance of property acquisitions and exploration from Temagami to Elk Lake, in and around the Town of Cobalt spilling over into Quebec, and over to Gowganda-Shining Tree areas right down to the northern outskirts of Sudbury.”

From the political side, Chitaroni had very few good things to say about Premier Wynne “from the possible roll out of Map Staking by MNDM to pushing for changes to streamline the process for plans and permits for exploration; to staving off hostile advances against exploration beit the Cariboo Story of negativity regarding exploration to the Carbon Tax assault on our industry and all business. Continue Reading →

Road to the Ring of Fire – by Marilyn Scales (Canadian Mining Journal – February/March 2017)

http://www.canadianminingjournal.com/

Noront is eager to begin development at Eagle’s Nest, the first of many mines

Spirits were high in March 2015 when the Ontario government announced at the PDAC it was moving forward with an allweather road into the Ring of Fire. Here we are almost two years later, and what do we have for the more than $750,000 in tax dollars that were spent? The answer: Not much. The province has consulted with various First Nations who would welcome a road. It has yet to announce a plan, route or schedule for construction.

Seeing the politicians make a decision and actually build a road is the one thing Alan Coutts, president and CEO of Noront Resources, says is vital to get the Eagle’s Nest nickel-copper-platinum-palladium development under way. The company discovered the deposit in 2007 and sparked a staking rush that made the Ring of Fire the most written about new camp since Hemlo.

The Ring of Fire lies about 500 km northeast of Thunder Bay, Ont. The area is centred on McFaulds Lake on the edge of the James Bay Lowlands. As many as nine First Nations may be impacted by mineral development, making consultation complex. Continue Reading →

KWG favours railway to Ring – by Ben Leeson (Sudbury Star – February 13, 2017)

http://www.thesudburystar.com/

KWG Resources sees a bright future for the Ring of Fire and believes the best way to reach that future is on iron rails.

KWG is an original player in the Ring, a large deposit of chromite and other metals in the mineral-rich James Bay Lowlands, about 500 kilometres north of Thunder Bay. In 2006, the company took part in the first major discovery of chromite, a key component in making stainless steel.

“We came to the realization that the biggest consumers of chromium on the planet are the Chinese stainless steel makers,” said Moe Lavigne, KWG’s vice-president of exploration and development. In the chromite-chromium-ferrochrome industry, the metals are exchanged under offtake agreements, between the resource producer and the buyer, rather than in an open market like nickel, copper and gold. Continue Reading →

Timmins Primero Black Fox Mine GM talks upcoming projects – by Alan S. Hale (Timmins Daily Press – February 9, 2017)

http://www.timminspress.com/

Primero Mining Corporation is hard at work exploring its options when it comes to finding new gold deposits that will expand the life of their Black Fox Mine located outside of Timmins.

This year, the company will be pumping millions of dollars into surface and underground exploratory drilling, and has begun the permitting and First Nations consultation process on a new open pit mine called the “Froome Zone” which could double amount of ore the company extracts every day.

At the same time, another promising new project dubbed “the Grey Fox Mine” has been shelved for the foreseeable future. “There is a lot of potential to find a lot more gold in that area,” said Dan Gagnon, general manager of the Black Fox Mine. “We are a producer of 60,000 to 70,000 ounces (of gold) per year for the next couple year, and we have projects to bring us up to 100,000 ounces.” Continue Reading →

OPINION: Letting diamond mine go won’t help Attawapiskat’s community crisis – by Ron Grech (Timmins Daily Press – February 7, 2017)

http://www.timminspress.com/

No one begrudges the political administration in Attawapiskat First Nation for placing a high priority on youth suicides in their community. But surely, community leaders can put two and two together and see a connection between limited economic prosperity and an absence of hope among their youth.

During the height of the suicide crisis last year, the lack of adequate mental health services for youth on First Nations in the North was identified as a key problem. Yet, there is only so much enhanced mental health services can offer.

Real hope comes from available opportunities to fulfil life’s goals. Living in an environment of despair, surrounded by drug abuse and unemployment isn’t likely to fuel confidence that the ripening fruits of adulthood are worth waiting for. Continue Reading →

De Beers shelves Northern Ontario’s Tango extension – by Alan S. Hale (Timmins Daily Press – February 7, 2017)

http://www.timminspress.com/

ATTAWAPISKAT – Plans for an expansion of the Victor diamond mine north of Timmins have been put on indefinite hold by De Beers Canada after the mining company failed to get the support for the project it was seeking from the Attawapiskat First Nation.

The Tango Extension, as the project was called, would have allowed the Victor Mine to continue producing diamonds past its expected closure at the end of 2018. However, despite the company’s efforts, the First Nation’s government, headed by Chief Ignace Gull, never warmed to the project.

Tom Ormsby, De Beers’ head of external and corporate affairs, put a positive spin on the company’s decision to put the Tango Extension aside by saying it was a “refocusing of priorities.” Instead of continuing to work towards making the Tango Extension a reality, De Beers hopes to make use of the leftover low-grade ore that has already been mined. Continue Reading →

Lacking local support, De Beers shelves Ontario diamond mine expansion – by Susan Taylor (Globe and Mail/Reuter – February 6, 2017)

http://www.theglobeandmail.com/

TORONTO — De Beers is shelving immediate plans to study an expansion project at a remote northern Ontario diamond mine after failing to get support from a neighboring aboriginal community, a “disappointing” setback for the world’s top diamond producer, the mine’s manager said.

The isolated Victor mine in the James Bay lowlands produces some 600 carats of diamonds annually and is scheduled to stop production in late 2018 and close in early 2019, De Beers Canada general manager James Kirby told Reuters late last week.

The nearby Tango deposit could have added five or six years, but assessment work will not proceed without formal support from the First Nation of Attawapiskat, 90 kilometers (56 miles) east of the mine, Kirby added. Continue Reading →

[Gowest Gold] Work progressing on Timmins ‘next new mine’ – by Len Gillis (Timmins Daily Press – February 4, 2017)

http://www.timminspress.com/

TIMMINS – Work is progressing on the Gowest Gold property north of Timmins thanks in part to an influx of new cash from Pandion Mine Finance LP, a New York based investment firm.

Gowest Gold revealed in a news release this week that Pandion has delivered U.S. $5.6-million as part of a $17.6-million prepaid gold purchase deal with PGB Timmins Holdings, an investment vehicle owned by Pandion.

“In a nutshell, we received funding from a group out of New York to begin the advanced exploration on the Bradshaw Deposit,” Gowest president and CEO Greg Romain told The Daily Press on Friday. Continue Reading →

Detour Gold Corp shares spike as company boosts outlook and puts mine on hold – by Sunny Freeman (Financial Post – February 1, 2017)

http://business.financialpost.com/

Detour Gold Corp.’s stock got a double digit boost Tuesday after the company reported better-than-expected production guidance for 2017 and a plan to delay development at one of its mines that will conserve cash.

Shares in the company, which operates the Detour Mine in northeastern Ontario, jumped 13 per cent to $17.80 apiece Tuesday morning on the Toronto Stock Exchange. Detour announced 2016 gold production of 537,765 ounces and all-in sustaining costs — the industry standard — of $1,005 per ounce sold.

The company also said it reduced its debt by $142 million and ended the year with about $129 million on the balance sheet.For 2017, it projected higher gold production — between 550,000 and 600,000 an ounce, with all-in sustaining costs coming in slightly higher than in 2016 at between $1,025 and $1,125 per ounce. Continue Reading →

Contract for Mine Millers ‘a tough one’ – by Jim Moodie (Sudbury Star – February 1, 2017)

http://www.thesudburystar.com/

Union representatives were confident a tentative deal with Glencore’s Sudbury Integrated Nickel Operations would be approved Tuesday as production and maintenance workers packed a conference room at the Radisson Hotel to place their votes.

And indeed it was, by a 79 per cent margain. The four-year deal, recommended by the bargaining committee for Mine Mill Local 598 Unifor, will see a two-percent wage increase over the length of the contract and a couple of tweaks to dental and drug plans, but no major concessions.

“This one was a tough one, I have to say,” said chief negotiator Richard Paquin, a veteran of four previous rounds of bargaining. “With the price of nickel hovering around $4.20 or $4.30 (per pound), versus what it was four years ago, around $8, it makes bargaining a lot different.” Continue Reading →

Detour Gold to delay mining at West Detour project – by Staff (Northern Ontario Business – January 31, 2017)

https://www.northernontariobusiness.com/

Detour Gold said the start of mining at its West Detour project would be delayed due to the expected wait time for the completion of a federal environmental assessment process.

In a news release, the company said it had filed an environmental study report with the province on Jan. 30, which it believed met the requirements of the provincial and federal environmental assessment process.

Detour later found out its Indigenous partners have requested an additional federal environmental assessment process, which the company anticipates will take between two and three years to complete. Continue Reading →

Sudbury INO, Mine Mill have contract – by Staff (Sudbury Star – January 31, 2017)

http://www.thesudburystar.com/

Glencore and its production and maintenance employees in Sudbury have reached a tentative collective agreement. Workers will vote on the deal Tuesday. The negotiations team for UNIFOR Local 598, Sudbury Mine, Mill and Smelter Workers Union, is unanimously recommending ratification of the tentative agreement.

The current contract expires Jan. 31 at midnight. Peter Xavier, vice president of Sudbury Integrated Nickel Operations (Sudbury INO), a Glencore company, praised the agreement in a release.

“We are very pleased that the parties have reached a tentative agreement that is competitive, fair and represents a balance of interests in securing a longer term future for Sudbury INO, particularly at this time of prolonged market uncertainty,” Xavier said. Continue Reading →

Ring of Fire mining development still years away from delivering on a decade of hype – by Jody Porter (CBC News Thunder Bay – January 30, 2017)

http://www.cbc.ca/news/canada/thunder-bay/

Noront Resources, Neskantaga First Nation disagree even on whether they’re talking to each other

Ten years after a large chromite deposit in Ontario’s James Bay lowlands was first discovered and declared a “game-changer” for the Canadian economy, the Ring of Fire mining development is flaming out in a dispute over who is talking to whom.

Noront Resources is now the main proponent in the project after Cliffs Natural Resources pulled out of the development in 2013, but it’s relationship with one of the First Nations in the area continues to deteriorate.

“Beginning this month Noront will enter into a series of meetings with Neskantaga First Nation,” the company said in a news release dated January 17, 2017. “These meetings will be facilitated by an experienced and respected mediator with the goal of identifying a mutually agreeable path forward for the company’s current and proposed exploration and development activities.” Continue Reading →