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Canadian Regional Media and Web Publications

Mining continues to power Nunavut’s economy – by Darrell Greer (Nunavut News – November 29, 2024)

https://www.nunavutnews.com/

Rapid industry expansion has led to the territory being first in Canada in economic growth

Mining continues to play a pivotal role in Nunavut’s economy and that isn’t about to change anytime soon, according to Annie Cyr-Parent, director of minerals and petroleum resources for Nunavut’s Department of Economic Development and Transportation.

Cyr-Parent said a mixed economy is characterized by relatively large mining and public sectors, while other industries hold great potential for growth, such as fisheries, the arts and tourism.

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Regulatory ‘overkill’ a barrier to new mines, CEO says – by Devon Tredinnick (NNSL.com – November 2024)

https://www.nnsl.com/

There’s plenty more gold buried near Yellowknife — whether any of it gets mined is still up in the air

Regulatory “overkill” surrounding mine remediation can guarantee two things: a mine is absolutely going to get remediated and, in the last few decades, no new gold mines have come on stream in the NWT, pointed out Dave Webb, president and CEO of 60 North Gold Mining.

And that’s despite gold climbing to more than $2,750 an ounce recently and Yellowknife having a long history of producing the precious metal.

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First Nation accuses Ontario of failing to consult on Timmins mine project – by Ian Ross (Northern Ontario Business – November 26, 2024)

https://www.northernontariobusiness.com/

Taykwa Tagmou Nation wants government approvals halted on Newmont’s plans to restart Pamour gold mine

A northeastern Ontario First Nation is out to halt the restart of Newmont’s Pamour Mine, outside Timmins, claiming the provincial government has failed in its duty to consult.

Taykwa Tagamou Nation filed claim in the Ontario Superior Court of Justice on Nov. 20 asking the court to stay any government authorizations, permits and approvals on Newmont’s plan to recommission and return Pamour to production, 15 years after it was last mined.

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First Nations, foreign recruits bolster gold miner Agnico Eagle’s workforce – by Len Gillis (Northern Ontario Business – Novemver 18, 2024)

https://www.northernontariobusiness.com/

Executive Andre Leite pledges to continue supporting First Nations and Indigenous business partnerships in the North

The vice-president of Canada’s largest gold mining company said there is a lot of excitement these days in the industry, but it’s not just related to the rapidly rising price of gold, which has reached record levels in recent weeks.

Andre Leite, vice-president of Agnico Eagle Mines’ Ontario operations, said his company is working hard to maintain best possible working relations with First Nations both in providing jobs and sustainability for mining operations on Indigenous lands in Northern Ontario.

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Mountain View County selected for Alberta’s first commercial lithium facility – by Dan Singleton (The Albertan – November 21, 2024)

https://www.thealbertan.com/

MOUNTAIN VIEW COUNTY – Mountain View County has approved a request by Calgary-based E3 Lithium Ltd. for an option to purchase the land at the former Dyck Gravel Pit east of Highway 2.

In a news release issued Thursday, E3 Lithium Ltd. said the site southeast of Olds will be used for the company’s Clearwater Project’s Central Processing Facility. The property is “well situated for infrastructure, including accessible utilities and roadways, to support E3 Lithium’s development of the first commercial lithium facility in Western Canada.”

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Indigenous Leaders: Community builder Jennifer Constant makes their message clear to miners – by Ian Ross (Northern Ontario Business – November 21, 2024)

https://www.northernontariobusiness.com/

Sustainability, participation, equality earns Mattagami First Nation chief accolades as an Indigenous trailblazer

Since first being elected to Mattagami First Nation council in 2003, Jennifer Constant has never been shy about holding mining companies to account on their stated ESG principles of doing no harm.

Before consultation with First Nations became standard industry practice, the now-chief (Ogimaa Kwe) of Mattagami wouldn’t hesitate to remind junior mining companies probing for gold and minerals within their territorial lands to “come have a conversation” on their exploration plans.

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Musselwhite Mine has a new owner – by Ian Ross (Northern Ontario Business – November 18, 2024)

https://www.northernontariobusiness.com/

Vancouver’s Orla Mining does an $850 million deal with Newmont to acquire northwestern Ontario mine

Musselwhite Mine in northwestern Ontario finally has a new owner. Denver-based Newmont is selling Musselwhite to Vancouver’s Orla Mining for up to US$850 million in total consideration.

Newmont receives cash consideration of $810 million when the deal will be finalized in the first quarter of 2025 and up to US$40 million in contingent payments based on the average spot gold price following the two years after the transaction is closed. The fly-in, fly-out underground operation is roughly 500 kilometres north of Thunder Bay.

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Grassroots mineral explorers cash up for exploration – by Ian Ross (Northern Ontario Business – November 13, 2024)

https://www.northernontariobusiness.com/

Ontario Junior Exploration Program dispenses $13 million to 84 projects across province

Ontario’s mineral exploration sector fielded $13 million in provincial funding to discover and define the next generation of mines in Ontario. Provincial mines minister George Pirie announced the fifth round of funding through the Ontario Junior Exploration Program (OJEP) in his home riding of Timmins at the headquarters of NPLH Drilling on Nov. 12.

“There’s a lot of exciting projects to talk about, too many to talk about, with incredible potential,” said Pirie, whose announcement was streamed live on Facebook.

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Dubreuilville mines help drive record quarter for Alamos Gold – by Ian Ross (Timmins Today – November 12, 2024)

https://www.timminstoday.com/

Mineral growth opportunities abound as Magino Mine is absorbed into Island Gold operations

DUBREUILVILLE – Adding the Magino open-pit mine to the Alamos Gold stable helped the Toronto gold company post a record third quarter in a number of areas.

Across its mines in Northern Ontario and Mexico, Alamos posted a record 152,000 ounces of gold, up nine per cent from the previous quarter. That’s a reflection, the company said of the performance of its pair of Dubreuilville-area gold mines, Island Gold and Magino. Last week the company posted its financial results for the quarter ending Sept. 30.

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Lithium explorer forges bond with Indigenous development corporation – by Ian Ross (Northern Ontario Business – November 6, 2024)

https://www.northernontariobusiness.com/

Power Metals hands contract to Black Diamond Drilling to probe for high grade cesium

A Vancouver cesium and lithium exploration outfit has hired an Indigenous-owned drilling company for its latest campaign near the Quebec border. Power Metals announced it’s engaged Black Diamond Drilling Services to complete a third round of drilling at its Case Lake property, 80 kilometres east of Cochrane.

Black Diamond Drilling is a First Nation company-owned by the community of Apitipi Anicinapek Nation (ANN), formerly Wahgoshig First Nation, located near Matheson.

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Mining the Northwest: Goldshore Resources sees blue sky potential in Shebandowan area – by Ian Ross (Northern Ontario Business – November 5, 2024)

https://www.northernontariobusiness.com/

Moss deposit, west of Thunder Bay, could have district-scale potential

Goldshore Resources believes there are more ounces to be found around its six-million ounce deposit in the Shebandowan area, west of Thunder Bay.

The Vancouver gold explorer announced in late October it has raised $13.9 million in flow-through financing that’s doing into exploration this winter to drill off targets in the vicinity where the company has sketched out a conceptual open-pit mine.

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Northwest First Nation not sold on open-pit mining project – by Ian Ross (Northern Ontario Business – November 1, 2024)

https://www.northernontariobusiness.com/

Indigenous-led impact assessment initiated and community capacity-building funding to flow for disputed Springpole gold project

Northwestern Ontario mine developer First Mining Gold has entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation in support of a community-based Anishinaabe-led Impact Assessment (ALIA) of the company’s Springpole Gold Project.

An Oct. 31 First Mining Gold news release said the agreement provides a framework between the company and the two area Indigenous communities to “have procedural clarity and meaningful participation” in the review of Springpole “through the unique cultural perspective of the Anishinaabe people.”

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Temiskaming refinery builder secures funds for construction restart – by Staff (Northern Ontario Business – October 29, 2024)

https://www.northernontariobusiness.com/

Electra Battery Materials turns to lenders to finance early construction works

Electra Battery Materials has secured US$5 million ($6.9 million) from its own lenders to spend on its unfinished Temiskaming cobalt refinery.

In an Oct. 25 news release, the aspiring mineral processor announced it has a non-binding term sheet from the holders of secured notes issued by the company to raise financing that will be earmarked for “early works and winter preparations” at its refinery project in northeastern Ontario and other corporate purposes.

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Monument will pay tribute to stack, says Vale Base Metals (Northern Ontario Business – October 28, 2024)

https://www.northernontariobusiness.com/

Thousands of Sudburians voted on trio of options following superstack’s decommissioning

Vale Base Metals said it will build a monument to its famed superstack, following feedback from the Sudbury community.

In an Oct. 25 social media post, the Brazilian nickel miner said that was the preferred option that emerged after thousands of community members voted on three potential options to pay tribute to the decommissioned stack.

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Times of ‘Wild West’ in mining are over: Agnico Eagle – by Arty Sarkisian (Nunatsiaq News – October 28, 2024)

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People remain suspicious of resource extraction even though more regulations are in place, says company director

Many Nunavummiut have misconceptions about mining, says Pujjuut Kusugak. Kusugak is the director of Nunavut affairs for Agnico Eagle, which operates multiple gold mines in Nunavut. “People still remember how mines used to operate — Wild West do whatever you want, no safety concerns,” he said in an interview with Nunatsiaq News at the Agnico Eagle office in Rankin Inlet.

People assume that the company still “does whatever it wants,” he added, but today Nunavut has some of the strictest regulations that protect the environment using both territorial and federal laws. Meliadine mine would have been “shut down” very quickly if it was operating the same way mines used to operate, Kusugak said.

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