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Ontario Mining

Camping through northern Ontario includes Ouimet Canyon and Amethyst Mining – by Dave Gilchrist (Niagara On The Lake Local – October 17, 2024)

https://www.notllocal.com/

The canyon and the mining operation both offer interesting sights to see.

As we left the Sibley Peninsula on our camping trip through northern Ontario, we backtracked a bit to see two sites that we had wanted to experience in the area.

The first was the famous Ouimet Canyon located several kilometres north of the Trans Canada Highway. The canyon is 100 metres (330 ft) deep, 150 metres (490 ft) wide and 2,000 metres (2 kilometres; 1.2 miles) long and is protected as part of Ouimet Canyon Provincial Park. The morning we visited the canyon it was misty which added an almost surreal feeling to the view.

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IAMGOLD sees a gold trail between two deposits – by Ian Ross (Northern Ontario Business – October 16, 2024)

https://www.northernontariobusiness.com/

Toronto gold company envisions a district-scale open-pit mine complex

IAMGOLD is out to connect the dots between its new Côté Gold open-pit operation and its nearby Gosselin deposit in the belief that they are tying into one larger gold system just outside of Gogama.

The Toronto gold miner delivered some operating results for Côté with its third quarter 2024 fiscal year on Oct. 15 with some encouraging exploration results that its proposed district-scale mining complex could eventually become just that.

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Equinox Gold stock takes hit on lowered production guidance for Greenstone mine – by Staff (Mining.com – October 17, 2024)

https://www.mining.com/

Equinox Gold (TSX: EQX) (NYSE American: EQX) said on Thursday it is expecting lower-than-forecasted output this year from its new Greenstone gold mine to reflect its ramp-up progress towards commercial production.

Since its first gold pour in May, the mine located near Geraldton, Ontario, has produced approximately 59,000 oz. of the precious metal, including 42,500 oz. during the third quarter. During Q3, the processed grade averaged 1.15 grams gold per tonne at an average recovery rate of approximately 80%, which Equinox says was largely on plan.

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‘We believe Canada needs more nickel,’ Wyloo boss says – by Nicole Stoffman (Sudbury Star – October 13, 2024)

https://www.thesudburystar.com/

Nickel produced and processed in Northern Ontario and the Ring of Fire would be destined for the EV market

Kristan Straub, CEO of Wyloo Ring of Fire, provided an update on the Eagle’s Nest Mine at the State of Mining luncheon in Timmins recently. The mine site in the Ring of Fire in northwestern Ontario has a ‘small footprint’ of one square kilometre or half the size of the Timmins Airport, Straub said.

The site contains a deposit of 17 million tonnes at 3.3 per cent nickel, copper and platinum group elements. It also has some of the world’s largest chromite deposits outside of South Africa, Straub said.

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Greater Sudbury to study the well-being of mining communities – by Staff (Sudbury Star – October 9, 2024)

https://www.thesudburystar.com/

Federal government will pay for $150,000 report

The City of Greater Sudbury will get $150,000 from the federal government to study how to improve well-being in Northern Ontario’s mining communities.

“We know that Northern Ontario is home to a world-class mining and mining supply and services sector and this study will allow us to identify our competitive advantages and share lessons learned with fellow OECD members, Greater Sudbury Mayor Paul Lefebvre said in a release.

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Global delegates converge on Sudbury to chart a path forward in mining – by Lindsay Kelly (Northern Ontario Business – October 11, 2024)

https://www.northernontariobusiness.com/

Australian mayor shares his community’s experience of growth in the ore-rich Pilbara at the OECD conference

The City of Karratha in Western Australia’s Pilbara region is a hive of mining-related activity. Known for its rich iron ore deposits, the region has a population of just over 24,000 people. Karratha alone generates a whopping $20 billion annually in gross domestic product (GDP).

Put in other terms, each person working in the region contributes $375 per hour to the GDP; that’s in comparison to the national average of $56 per hour. “That’s how important our region is to the national economy of Australia,” said Daniel Scott, mayor of the City of Karratha, while speaking in Sudbury this week.

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Ontario stonewalling marine conservation area, proponents say – by Nicole Stoffman (Timmins Daily Press – October 11, 2024)

https://www.timminspress.com/

Bourgouin: ‘The province should be at the table with Mushkegowuk Council’

A proposed marine conservation area in the James Bay Coast is being hindered without the support of the province, Mushkegowuk Grand Chief Leo Friday says. The Mushkegowuk National Marine Conservation Area (NMCA) would protect 86,000 square kilometres of federal waters in the Hudson and James Bays and 20 kilometres of coastal buffer zones under provincial jurisdiction.

The federal waters have been approved for conservation by the Ministry of the Environment, but without Ontario’s approval of the 20-kilometre buffer zone, the NMCA could still proceed but will be “very limited,” according to Lawrence Martin, director of Mushkegowuk Council’s lands and resources department.

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Ottawa announces nearly $25M in federal investments for critical mineral projects in northern Ontario – by Jonathan Migneault (CBC News Sudbury – October 10, 2024)

https://www.cbc.ca/news/canada/sudbury/

Around $8.4M in conditional funding to be available to projects in the northeast

Ottawa continues to invest heavily in the critical minerals sector in northern Ontario. Minister of Energy and Natural Resources Jonathan Wilkinson announced nearly $25 million in federal funding for critical mineral projects during visits in Thunder Bay and Sudbury this week.

“There are enormous opportunities in Ontario for critical minerals,” Wilkinson told CBC News. In the northeast, those investments included $8.4 million in conditionally approved funding provided through the Critical Minerals Infrastructure Fund (CMIF) for several companies.

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‘Proud northern miners’: Detour Lake gold used for mint’s new coin – by Marissa Lentz-McGrath (Timmins Today – October 11, 2024)

https://www.timminstoday.com/

It’s the first time that a Northern Ontario mine is being used for the initiative

If you ever wanted to own gold poured right here in Northern Ontario, now’s your chance. The Royal Canadian Mint has launched its 2024 single-sourced gold maple leaf coin. It’s crafted entirely from gold poured from Agnico Eagle’s Detour Lake mine.

Detour Lake is located about 300 kilometres northeast of Timmins, this is the second time Agnico has teamed up with the Royal Canadian Mint for the bullion — a coin made from highly refined precious metal. It’s the first time a Northern Ontario mine is featured in the program.

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Will the Ottawa fund one Northern Ontario lithium refinery or four? Wilkinson plays coy – by Lindsay Kelly (Sudbury.com – October 11, 2024)

https://www.sudbury.com/

Federal minister says Canada must pick up the pace of critical minerals development, without cutting environmental corners

Canada needs to speed up the pace of mining-related development if it wants to be a critical minerals leader on the global stage. That was the message from federal Energy and Natural Resources Minister Jonathan Wilkinson during an Oct. 9 appearance in Sudbury.

Speaking at the 2024 Conference of Mining Regions and Cities, hosted by the Organisation for Economic Co-operation and Development (OECD), Wilkinson noted Canada’s global ranking in the top five producing countries for 13 major minerals and metals, including palladium, gold, platinum and nickel.

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Is Ontario holding back the Ring of Fire? Federal natural resources minister says so – by Ian Ross (Northern Ontario Business – October 8, 2024)

https://www.northernontariobusiness.com/

Accused of stalling Far North mineral development, province says it waits on $1-billion commitment from Ottawa

Natural Resources Minister Jonathan Wilkinson said Ottawa offered a $40-million sweetener to entice Queen’s Park for a formal sit-down to discuss how to make progress in the Ring of Fire. So far, Wilkinson said, they’ve been rebuffed by the province.

“To date, Ontario has not taken us up on that, but I continue to urge Ontario to do that. I think it’s an important conversation, but there are really important issues to be addressed before we actually talk about mines.”

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NEWS RELEASE: Wyloo and Metalshub Partner for Green Nickel Transparency (October 1, 2024)

Wyloo and Metalshub have entered into a Memorandum of Understanding (MoU) to improve transparency of the carbon dioxide (CO2) footprint, Environmental, Social and Governance (ESG) credentials, pricing and provenance in international nickel markets.

Wyloo intends to use Metalshub for the sale of its low-carbon nickel and nickel concentrate products following a re-start of its Kambalda, Western Australia nickel operations. The collaboration also aims to develop a price index for low-carbon nickel concentrate and nickel sulphate, to be referenced in future sales contracts.

Wyloo CEO, Luca Giacovazzi, said the collaboration would set a new global standard for sustainably produced nickel products and enable greater transparency of low carbon nickel pricing.

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Mining the Northwest: Ottawa drops $14 million to help move critical minerals to market – by Ian Ross (Northern Ontario Business – October 7, 2024)

https://www.northernontariobusiness.com/

Four northwestern Ontario mining proponents snag funding for road, transmission line and engineering work

Four copper and lithium mine developers in northwestern Ontario, collectively, will be pocketing almost $14 million in federal funding to build access roads and power lines into their future mine sites.

Federal Energy and Natural Resources Minister Jonathan Wilkinson delivered the news in Thunder Bay, Oct. 7, that $13.8 million is earmarked for five mining-related projects – including two with Sudbury’s Frontier Lithium – that will facilitate the mining and movement of these critical minerals for processing and eventually to the electric vehicle supply market.

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Sagamok Anishnawbek takes the plunge into underground mining – by Ian Ross (Northern Ontario Business – October 3, 2024)

https://www.northernontariobusiness.com/

Z’gamok Enterprises acquires majority ownership of Sudbury contractor Legend Mining

New ownership is at the helm of Legend Mining. Z’gamok Enterprises Inc. (ZEI) has acquired a 51-49 per cent controlling interest in the Sudbury mining contractor. The deal, a year in the making, was finalized Sept. 4.

Diving into underground mining services had been something the organization has been thinking and strategizing about for a decade. ZEI, an economic development organization owned and operated by Sagamok Anishnawbek is located south of Massey on the north shore of Lake Huron. It runs three businesses that collectively employ 130.

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Wyloo CEO makes Timmins stop to talk Ring of Fire – by Maija Hoggett (Timmins Today – October 3, 2024)

https://www.timminstoday.com/

Efforts to get the province to the table to talk about conservation planning processes remain at a stand-still

TIMMINS – With a nickel mine in Ontario’s Far North aiming to be in production in six years, the Timmins business community had a chance to learn more about the project. Wyloo CEO Kristan Straub talked about the ongoing work at the proposed nickel and chromite mine in the Ring of Fire today (Oct. 3) at the Timmins Chamber’s State of Mining series.

The proposed Eagle’s Nest Mine is located 500 kilometres northwest of Thunder Bay in a minerally enriched area of the James Bay wetlands.

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