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Ontario Mining

Magna Mining drills to expand nickel resources at former INCO mine – by Ian Ross (Northern Ontario Business – January 29, 2024)

https://www.northernontariobusiness.com/

Canadian, U.S. government incentives look attractive to Sudbury mine developer

The global nickel price is slumping but Magna Mining isn’t breaking stride in making progress to bring two former Sudbury mines back into production. Magna Mining will be running two winter drilling programs at its Crean Hill and Shakespeare properties at the outset of what the local company anticipates will be an exciting year to make new discoveries on these brownfield properties.

With more than $15 million banked, Magna plans to do 25,000 metres of drilling this year, most of it at Crean Hill, a former INCO mine property containing nickel, copper and platinum group metals that the company acquired in November 2022.

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At this open-pit gold mine in northeastern Ontario, the trucks drive themselves – by Jonathan Migneault (CBC News Sudbury – January 24, 2024)

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

When it reaches full production, Côté Gold mine will have 23 autonomous trucks hauling ore

A new open-pit gold mine in northeastern Ontario has turned to automation — including nearly 300-tonne hauling trucks that drive themselves — in a bid to increase productivity and worker safety. The Côté Gold project near Gogama, halfway between Sudbury and Timmins, is expected to produce around 440,000 ounces of gold a year over the next 18 years.

To extract the precious metal, massive Caterpillar mining trucks will haul more than 30,000 tonnes of ore every day so they can be processed. The mine currently has 14 of the mining trucks, which can carry around 200 tonnes of ore in a single load, and will have 23 when production fully ramps up.

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Ontario First Nations want a year-long pause on mining claims. Will the Ford government listen? – by Emma McIntosh (The Narwhal – January 24, 2024)

The Narwhal

Thousands of online mining claims are being made on the territories of First Nations without their consent — and often they aren’t even told about it

The notices usually pour in on Sunday. One by one, they pile up in the email inbox of Cat Lake First Nation Chief Russell Wesley, each one about a mining claim someone has staked on his community’s territory. Sometimes, he receives up to 20 in a single day.

As the nation’s main point of contact for mining companies, ideally he’d be able to review them — make sure that if prospectors were to come in and start searching for minerals on the sites, the claims wouldn’t overlap with sites that are culturally important to Cat Lake or used by members of the remote, fly-in community in northwestern Ontario for hunting or gathering medicines.

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OPINION: End the runaround on the Ring of Fire – by Editorial Board (Globe and Mail – January 25, 2024)

https://www.theglobeandmail.com/

More than 16 years have passed since a small mining company discovered a rich nickel deposit in a remote part of northern Ontario and christened the region with a name that has stuck: the Ring of Fire.

Successive governments and companies have touted the potential of the region, entranced by optimistic estimates of tens of billions of dollars of minerals – including those critical to electric vehicle battery production – buried in the wetlands.

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Ring of Fire Metals CEO provides update – by Austin Campbell (SNnewswatch.com – January 24, 2024)

https://www.snnewswatch.com/

Businesses and organizations from Thunder Bay and throughout the North heard a presentation from Ring of Fire Metals CEO Kristan Straub at the Italian Cultural Centre on Jan. 23.

THUNDER BAY — Kristan Straub provided an update on the proposed Eagle’s Nest mining project on Tuesday at the Italian Cultural Centre. The chief executive officer of Ring of Fire Metals delivered a presentation describing how far the project has come.

Ring of Fire Metals is the Canadian subsidiary of Australian company, Wyloo Metals. One concern about the Eagle’s Nest project is the fact that it is being built on treaty-protected lands, meaning any development in the region needs to happen in consultation with and approval from surrounding First Nations communities.

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Ford says Northern Ontario mines will help create economic boom – by Staff (Sudbury.com – January 24, 2024)

https://www.sudbury.com/

Premier addresses municipal leaders at the annual meeting of the Rural Ontario Municipal Association

Ontario Premier Doug Ford said he is counting on the Northern Ontario mining industry to help build Ontario into an economic powerhouse for the battery electric vehicle (BEV) industry.

Ford was speaking Jan. 23 at the annual conference of the 2024 Rural Ontario Municipal Association(ROMA) when he spoke about the importance of the Ontario critical minerals strategy for the future of EVs in Ontario.

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Wyloo Metals CEO gives update on Ring of Fire mining projects, though First Nations resistance continues – by Michelle Allan (CBC News Thunder Bay – January 23, 2024)

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

Some First Nations still opposed to development as need for critical minerals grows

As the demand for critical minerals grows, the CEO of the main company involved in northern Ontario’s Ring of Fire says it’s developing a nickel deposit that could be producing minerals for two decades.

Wyloo Metals CEO Kristan Straub gave the update Tuesday in a speech to business leaders in Thunder Bay, where he outlined the company’s plans for the Ring of Fire and discussed how his company is engaging with First Nations in the region now and into the future. “[Eagle’s Nest] is Canada’s best opportunity for a new nickel sulphide deposit,” Straub said.

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Junior miner shows more nickel to be had in the Sudbury basin – by Ian Ross (Northern Ontario Business – January 19, 2024)

https://www.northernontariobusiness.com/

SPC Nickel posts maiden mineral estimate on West Graham Project

An emerging Sudbury nickel mining company has posted a first-time mineral estimate of its deposit in the Sudbury basin. SPC Nickel released a maiden estimate of its West Graham Project on Jan. 17, one of two deposits on its Lockerby East nickel and copper property in an area which has seen previous mining operations.

The company said in the news release that West Graham has the potential to be developed quickly as a low-cost, open-pit operation in its initial stages of mining. But with more exploration, West Graham has huge mineral upside at depth.

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Kuya Silver taps into high-grade system in historic Cobalt mining camp – by Ian Ross (Northern Ontario Business – January 18, 2024)

https://www.northernontariobusiness.com/

What the old silver miners left untouched, Toronto exploration outfit sees opportunity for new deposits

Toronto’s Kuya Silver is discovering new zones of silver veins in its re-exploration of the historic Cobalt mining camp.

High-grade silver is showing up in the assay results from a drilling program the company is running at its Silver Kings Project near the town of Cobalt. Kuya is drilling on the northern part of its 16,000-hectare property, just south of the town, where eight mines produced 60 million ounces of silver between 1905 and 1950 around Kerr Lake.

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Vale going remote in Sudbury to make mining safer – by Staff (Sudbury Star – January 17, 2024)

https://www.thesudburystar.com/

Among other steps, it has opened its Integrated Remote Operating Center that services its five underground mines in Sudbury

Vale Base Metals Limited and Epiroc Canada have signed a deal to develop, test and use what they call ‘groundbreaking’ techniques to make mining safer.

Vale said it plans to use Epiroc’s technology and digital advances in underground technology to remove employees from the rock face, production drilling areas and ground support locations in support of safe and efficient mining activities.

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Alamos Gold bumps up the exploration budget at northeastern Ontario mines – by Ian Ross (Northern Ontario Business – January 16, 2024)

https://www.northernontariobusiness.com/

Consistent gold production, huge upside at Island Gold, Young-Davidson reaps budgetary rewards

Exploration means longevity to a mine’s operating life. Alamos Gold is making substantial investments to extend the successful runs with its two underground operations in northeastern Ontario.

The Toronto gold company’s Island Gold Mine, near Dubreuilville, and the Young-Davidson Mine, outside Matachewan, show no signs of slowing down, and the exploration budget for both underground operations is being boosted this year. Alamos released its fourth-quarter and 2023 year-end production results on Jan. 10, showing record gold production of 529,300 ounces, up 15 per cent from the prior year.

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‘No recent discussions’ on Sudbury mining merger, says Vale operations boss – by Ian Ross (Northern Ontario Business – January 15, 2024)

https://www.northernontariobusiness.com/

Gord Gilpin says companies discussing ‘strategic alternatives’ are part of ‘normal course of business’

Vale’s head of Ontario base metal operations, Gord Gilpin, is tamping down media speculation of a potential merger with Glencore, its crosstown mining neighbour in Sudbury.

Gilpin issued a Jan. 12 notice to its employees — Clarification of Synergy with Glencore — that it’s business as usual and no talks are underway.

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Conservative leader promises to speed approvals for new mines – by Jim Moodie (Sudbury Star – January 2024)

https://www.thesudburystar.com/

Pierre Poilievre also says Sudbury and its minerals have a big role to play in providing clean energy

Pierre Poilievre took advantage of the bracing conditions in Sudbury on Saturday to stress his plan for cheaper heating bills, as well as take some shots at his main political rival, who recently returned from a vacation in Jamaica.

“While Justin Trudeau flies around in a taxpayer-funded private jet, burning fuel and passing greenhouse gases into the atmosphere, he punishes people for heating their homes,” said the Conservative leader, against the backdrop of an Axe the Carbon Tax billboard on Lorne Street. “He is a high-tax, high-carbon hypocrite.”

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These Ontarians rely on roads made of snow and ice. But what happens when winter is too warm? – by Joy SpearChief-Morris (Toronto Star – January 15, 2024)

https://www.thestar.com/

Winter roads crucial for getting supplies to First Nations communities

OTTAWA — Higher than normal winter temperatures are sparking concern among remote First Nations communities in northern Ontario that rely on winter roads made of ice and snow to transport food, fuel and building supplies.

The Nishnawbe Aski Nation, which represents 49 First Nations communities across the province, includes 29 communities that depend on winter roads. As of Jan. 8, it said only one road was fully open to traffic — leaving some to use roads that haven’t been officially opened, and others scrambling to make their own snow.

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Alamos Gold to acquire Quebec-focused junior Orford Mining in all-share deal – by Bruno Venditti (Northern Miner – January 15, 2024)

https://www.northernminer.com/

Alamos Gold (TSX: AGI; NYSE: AGI) announced on Monday that it will acquire Quebec-focused junior Orford Mining (TSXV: ORM) in an all-share transaction valuing the company at $24 million or 10¢ per share.

Alamos already owns 27.5% of the company’s shares. If the acquisition is approved by Orford shareholders at a meeting scheduled for March, they will receive 0.005588 of an Alamos share for each Orford share held.

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