Archive | Ontario Mining

Gold, high tech metals spur exploration in Ontario’s Near and Far North – by Staff (Northern Ontario Business – October 26, 2020)

https://www.northernontariobusiness.com/

Three junior miners advance their projects down the path of mine development

A British junior miner continues to drill off a gold deposit near Armstrong in northwestern Ontario.

Landore Resources has started a 14,000-metre fall-winter drill program to begin infilling and expanding its BAM Gold Deposit on its Junior Lake property, 235 kilometres northeast of Thunder Bay.

The Guernsey-headquartered company has two drill rigs turning to explore within and beneath an already defined deposit of more than a million ounces, and then step out to the east and west. Continue Reading →

Canada Nickel CEO sees “multi-decade resource base” near Timmins – by Ian Ross – October 22, 2020)

https://www.northernontariobusiness.com/

New discovery, high grades at Crawford Project spur hope of a call from Elon Musk

Canada Nickel Company has made a new discovery on an already blossoming Timmins-area exploration property that’s being studied for an open-pit mine.

In talking about the Crawford Project’s open-ended potential, company chair and CEO Mark Selby said in an Oct. 22 web call to investors that they’re “just getting started” in unlocking the value of this project, and their other prospective properties, north of the city.

The Toronto junior miner released an updated mineral calculation, and its high-grade values, on Crawford’s Main Zone on Wednesday. It places the property into the world’s top 10 list of nickel sulphide projects, not including the strides they’ve made with recent discoveries to the east and west. Continue Reading →

Gold company has ‘deep roots’ in Sudbury, Northern Ontario – by Colleen Romaniuk (Sudbury Star – October 23, 2020)

https://www.thesudburystar.com/

The Greater Sudbury Chamber of Commerce welcomed the president and CEO of IAMGOLD to discuss the Canadian mid-tier mining company’s new Cote Gold project, located north of Sudbury.

Last month, Gordon Stothart and his team at IAMGOLD celebrated the official opening of the new open-pit gold mine located about 20 km southwest of Gogama with a ground-breaking ceremony attended by Prime Minister Justin Trudeau and Ontario Premier Doug Ford.

The $1.7-billion project is expected to create more than 1,000 jobs during construction and 450 jobs during operation and generate $5 billion in wages through direct and indirect job creation and $10 billion in economic activity. Continue Reading →

Gold mining industry in Ontario during Q2 2020 – by Vladimir Basov (Kitco News – October 21, 2020)

https://www.kitco.com/

Gold production in Ontario in Q2 2020 declined by 17% over Q2 2019 due to suspensions related to COVID-19 crisis. Detour Lake was the largest gold mine in Ontario.

Ontario is the largest gold-producing Canadian province or territory. According to the Ontario Mining Association, the region produced 73,733 kilograms of gold in 2019, which equates to 2,371 thousand troy ounces of gold, or 42% of total gold produced in Canada.

Based on available quarterly corporate reports, Ontario produced 528 kozt of gold in Q2 2020 from primary gold mines and as a by-product of base metals and platinum group metals operations. This significant 17% decline over the corresponding period of 2019 (638 kozt) was primarily caused by suspensions related to COVID-19 crisis. Continue Reading →

More gold ‘yet to be discovered’ at Kirkland Lake’s Macassa Mine – by Staff (Northern Ontario Business – October 20, 2020)

https://www.northernontariobusiness.com/

Exploration drilling at Macassa Mine continue to produce spectacular grades for Kirkland Lake Gold.

The Toronto-headquartered mining company released drill results from its exploration program in Kirkland Lake where the focus is on growing gold reserves at its South Mine Complex and finding more high-grade gold further out and deeper down along the unexplored zones around the Amalgamated Break.

In an Oct. 19 news release, the company said it’s seeing “extremely high-grade intersections” from its program to extend the South Mine Complex to the east and west, in identifying high-grade mineralization along the Amalgamated Break, and in identifying a new, high-grade corridor along Main Break near the location of its new No. 4 shaft. Continue Reading →

Dubreuilville gears up for growth: Gold mine construction means plenty of planning for northeastern Ontario wilderness community – by Ian Ross (Northern Ontario Business – October 19, 2020)

https://www.northernontariobusiness.com/

Melanie Pilon will soon be putting out the call for skilled and entrepreneurial-minded Dubreuilville ex-pats to come home.

That’s the primary audience for the economic development officer in the secluded northeastern Ontario community as excitement builds over news that Argonaut Gold is pressing ahead with construction of its Magino open-pit gold mine next January.

The mine project, 14 kilometres southeast of town, will be the second such operation in the vicinity of the mainly francophone community of 600. Continue Reading →

Coalition worried about future of Wolf Lake – by Jim Moodie (Sudbury Star – October 15, 2020)

https://www.thesudburystar.com/

Mine company, however, promises minimal disruption and commits to maintaining the beauty of the area

Wilderness champions say concerted political pressure is now required to protect Wolf Lake after another permit for mineral exploration was recently granted.

In a post at its Facebook page, the Coalition for a Liveable Sudbury said more than 500 people commented on the permit application through the Environmental Registry of Ontario, with the vast majority — 98 per cent — opposing it.

Nevertheless, “the application was approved with no conditions attached,” the coalition said. Wolf Lake is located northeast of Sudbury in the Chiniguchi waterway chain — a popular area for canoe tripping — and counts the largest contiguous stand of old-growth red pines in the world. Continue Reading →

Argonaut to build $380m Ontario gold mine – by Mariaan Webb (MiningWeekly.com – October 15, 2020)

https://www.miningweekly.com/

The construction of the 123 000 oz/y Magino openpit gold mine, near Wawa, Ontario, has been approved, Toronto-listed Argonaut Gold announced on Wednesday.

A two-year construction period will get under way in January 2021, with first gold expected in early 2023.

The 2017 feasibility study project estimated the capital expenditure (capex) requirement for Magino at $321-million, but this was recently updated to between $360-million and $380-million. Continue Reading →

Mining industry leading the way with new COVID-19 rapid-testing technology – by Len Gillis (Northern Ontario Business – October 13, 2020)

https://www.northernontariobusiness.com/

Industry and business have responded well to a new Canadian COVID-19 test device that was first put into action at a Northern Ontario gold mine just three months ago.

The portable device, about the size of a bread toaster, is the SARS-CoV-2 Real-Time RT-PCR, distributed by Precision Biomonitoring of Guelph. It was approved by Health Canada on June 30. Two weeks later on July 13, the first test kit was used at the New Gold Inc. mine near Rainy River.

Since then, the test kit has become a success story, said Dr. Mario Thomas, CEO of Precision. Without revealing the names of clients, Thomas said a uranium mining company and an iron ore company also bought test kits. Some test kits have also been distributed to remote First Nations in Northern Ontario. Continue Reading →

Want to have a say on the Marathon mine’s EA? – Staff (Northern Ontario Business – October 9, 2020)

https://www.northernontariobusiness.com/

Ottawa wants your feedback on a proposed open-pit palladium and copper mine near the north shore of Lake Superior.

The Impact Assessment Agency of Canada (formerly the Canadian Environmental Assessment Agency) and the Government of Ontario are resuming an environmental assessment (EA) for Generation Mining’s proposed open-pit palladium mine near the town of Marathon.

The EA was placed on hold in 2014 at the request of Stillwater Canada, then the proponents of the mine project. The federal and provincial review panel that was established to assess the project was disbanded. Continue Reading →

NEWS RELEASE: VALE TO DEMOLISH STOBIE MINE HEADFRAMES & BUILDINGS (October 13, 2020)

Photo Credit: Concrete Pictures Inc.

SUDBURY, October 13, 2020 – After more than 100 years of operation, the iconic headframes and other buildings at Vale’s Stobie Mine site will be demolished over the next few months. The demolition follows Stobie Mine operations being placed on care and maintenance in 2017.

“The aging headframes are being demolished to reduce maintenance costs and pave the way for potential new development currently being studied at the Stobie Mine site,” said Patrick Boitumelo, Head of Mining & Milling for Vale’s North Atlantic Operations.

This work will be completed between mid-October and mid-December, with all three headframes at Stobie Mine demolished. Shafts Seven and Eight will be dismantled by carefully removing pieces of the headframes from the top down starting October 13th. The Nine Shaft will be safely blasted down the week of November 9th. Some buildings at the site such as the crusher plant, mill and hoist building have already been removed with a few more also scheduled for demolition. Continue Reading →

Will it be Northern Ontario minerals going into Oakville-produced electric cars or Congolese? – by Maija Hoggett (Sudbury.com – October 12, 2020)

https://www.sudbury.com/

The North needs to ‘seize this moment,’ Timmins-James Bay MP Charllie Angus says

With the government investing in electric vehicles, Timmins-James Bay MP Charlie Angus said the region should “seize this moment.”

At the Timmins Chamber’s town State of COVID-19 townhall Oct. 7, Angus talked about the exciting potential for the area.

The federal and provincial governments announced a combined $590-million investment on Oct. 8 for Ford Motor Company’s $1.8-million retooling of its Oakville assembly plant to start rolling electric vehicles off the line by 2025. Continue Reading →

Ford goes electric, Ontario poised to win – by Brian Lilley (Toronto Sun – October 7, 2020)

https://torontosun.com/

It’s being billed as the best news for Ontario’s automotive sector in 15 years and while it’s not a new plant, it is a new lease on life for one of the anchors of the industry.

On Thursday morning, Premier Doug Ford will stand with Ford Canada CEO Dean Stoneley and Unifor president Jerry Dias to announce a major investment in the plant.

Ford Canada will announce a $1.2 billion investment in their Oakville plant while Ford, the premier, will announce $295 million from the province. Prime Minister Justin Trudeau, expected to join via video link, will announce the federal government will also put $295 million into the plant. Continue Reading →

Ring of Fire supply road ownership, financing remain unclear as environmental assessment begins – by Ian Ross (Northern Ontario Business – October 6, 2020)

https://www.northernontariobusiness.com/

Webequie’s engineering consultants open virtual open houses to take the temperature of the James Bay region

It’s unclear if construction on a Ring of Fire supply road can proceed without consensus by First Nation communities across the James Bay region.

Don Parkinson, a consultation lead working for Webequie First Nation, didn’t directly answer that question posed to him in an Oct. 6 virtual community meeting over whether road development will be allowed to begin without approval by nearby and outlying communities, like Neskantaga First Nation, with publicly expressed opposition to the project.

“My response to that is: let’s talk openly about the project and get these issues on the table and then we can look at solutions,” he said, in invited those communities to come forward to share their issues and concerns. Continue Reading →

Canadian “flawless” diamond sets online record of $15.7m at auction – by Cecilia Jamasmie (Mining.com – October 5, 2020)

https://www.mining.com/

A rare, flawless 102-carat white diamond found at the now closed Victor mine in Canada, has sold for $15.7 million (HK$122m), a record price in an online auction.

The small egg-size diamond was cut from a larger 271-carat rough, found in 2018, and then cut and polished for more than a year.

The bidding on the stone began in an online auction in September, culminating with an in-person auction at Sotheby’s in Hong Kong on Monday evening. Continue Reading →