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Ontario Mining

Equinox Gold to buy Calibre for $2.56B – by Staff (Northern Miner – February 24, 2025)

https://www.northernminer.com/

Equinox Gold  agreed to buy Calibre Mining  for about $2.56 billion in stock to become Canada’s second-largest gold producer. Calibre shareholders will receive 0.31 Equinox common share for each Calibre common share held immediately before the transaction, according to a joint statement issued Sunday. At closing, existing Equinox shareholders would own about 65% of the combined company’s outstanding shares, compared with 35% for their Calibre counterparts.

The deal, which is expected to close in the second quarter, sets the stage for the creation of a Canadian mining powerhouse with two low-cost assets under the same roof – Equinox’s Greenstone property in Ontario, which achieved commercial production in November and is one of the country’s largest open-pit mines; and Calibre’s Valentine mine, which is nearing construction completion.

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Ontario PCs pledge $500-million for critical minerals processing but spending questions loom – by Darius Snieckus (Hamilton Spectator – February 25, 2025)

https://www.thespec.com/

Ontario’s Progressive Conservatives have pledged to set up a $500-million critical mineral processing fund to invest in “strategically located” facilities to develop the province’s vast resources of lithium, graphite, zinc, cobalt and other key minerals and metals.

The fund, a central economic plank in the party’s re-election platform released on Monday, is the biggest government pledge so far to build a network of refining facilities mining experts say are needed to ensure Canada reaps the benefits of producing minerals and metals important for the global energy transition.

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Detour Lake mine still shines as one of Agnico Eagle’s stars – by Ian Ross (Northern Ontario Business – February 24, 2025)

https://www.northernontariobusiness.com/

Underground mine construction activity planned for 2025, pending arrival of government permit

Agnico Eagle wants to grow its northeastern Ontario assets by more than 50 per cent as early as 2030. The leading Toronto gold company has a slew of development projects underway in Ontario, western Quebec and Nunavut, including the Detour Lake mine, northeast of Cochrane, where plans are afoot to drive production there to one million ounces a year.

Both the Detour expansion and the Upper Beaver mine project in the Larder Lake area are looked upon as two of Agnico’s catalysts for growth.

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Ontario election: Make Laurentian University Ontario’s mining champion – by David Robinson (Sudbury Star – February 24, 2025)

https://www.thesudburystar.com/

It’s one of David Robinson’s four pillars as the Green Party candidate for the Sudbury riding

My job as Sudbury’s Green candidate is to get climate change on your agenda and convince you it is part of a real economic development strategy for our city.

My job as your MPP would be to bring together political factions and leading institutions in the city in a unified campaign to get what Sudbury needs. No other candidate has the knowledge, experience or the proven record of working for Sudbury. No other candidate has the contacts and the respect in every corner of the city.

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Mining industry, business groups in NWO call for better support for mining from next Ontario government – by Kris Ketonen (CBC News Thunder Bay – February 24, 2025)

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

More power generation, meaningful consultations with First Nations needed if projects are to move forward

Whichever party is elected as the next provincial government needs to show better support for northwestern Ontario’s mining industry if some of the region’s major developments are to move forward, industry and First Nations groups say.

“We need Queen’s Park to actually recognize us more,” said Garry Clark, executive director of the Ontario Prospectors Association. “We need more money put into exploration to move things forward.”

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NEWS RELEASE: Only Doug Ford Will Protect Ontario by Unlocking the Ring of Fire (February 22, 2025)

A re-elected PC government will make Ontario the most competitive place in the G7 to invest, create better jobs with bigger paycheques and do business, including in the north

Thunder Bay, February 22, 2025 — Today, Doug Ford outlined the PC plan to speed up approvals, cut red tape and invest in infrastructure to unlock the enormous economic potential of Ontario’s critical minerals in the Ring of Fire and protect northern Ontario’s economy and workers.

“Over the past seven years working with First Nations, we’ve made significant progress building the roads to the Ring of Fire,” said Doug Ford. “As we face down the threat of President Trump’s tariffs, we need to do more and we need to do it faster. To protect Ontario, we have to get our critical minerals out of the ground, processed and shipped to factory floors. We have to double down on working with First Nations to speed up approvals and get shovels in the ground on critical mineral projects.”

President Trump is on a mission to suck up every dollar of investment he can for America’s economy. He’s promising major reforms to streamline regulations and speed up approvals.

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The complex legacy of Viola MacMillan – by Ashley Fish-Robertson (CIM Magazine – February 19, 2025)

https://magazine.cim.org/en/

A new book explores the life and scandal of a controversial pioneer in Canada’s mining industry

Viola MacMillan’s life, shaped by remarkable accomplishments and the gripping Windfall scandal that took place in the 1960s, forms the heart of Toronto-based author Tim Falconer’s latest book, Windfall: Viola MacMillan and Her Notorious Mining Scandal.

Born in 1903 in Dee Bank, Ontario, MacMillan left school at the age of 12 to support her impoverished family, working as a cleaner with her mother. After the First World War, MacMillan returned to school and later moved to Windsor, Ontario, where she saved up money for business college by working as a telephone operator and live-in maid. After graduating, she was hired as a stenographer.

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Mining the Northwest: Indigenous business group calls for greater consent in mine planning – by Ian Ross (Northern Ontario Business – February 19, 2025)

https://www.northernontariobusiness.com/

Anishnawbe Business Professional Association proposes new framework that follows the path of reconciliation

Jason Rasevych would like to see corporate Canada do more to put into practice what they put on paper. The president of the Anishnawbe Business Professional Association (ABPA) notices that mining companies often make statements in their annual sustainability reports about how they’re working progressively with First Nation communities.

Most of it is centred around promises of jobs and business opportunities. What’s missed is how mining activity will impact a community’s culture. While companies often say they are committed to reconciliation, Rasevych asks, “How are they reporting on that each and every year?”

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Doug Ford wants to ‘protect Ontario’ by digging up the Ring of Fire – by Jon Thompson (Ricochet Media – February 2025)

Front

But consultation isn’t a nice-to-have, it’s international law. And local First Nations want an equitable role in the process

In response to a serious question about municipal revenues during the Northern Leaders Debate last Friday, Progressive Conservative leader Doug Ford touted the value of, “unleashing northern Ontario’s economic potential, and I’ll tell you where the potential is: their potential in the north is called the Ring of Fire.”

Ford had planned a northern victory lap to meet with industrial unions in Sault Ste. Marie and Thunder Bay this week, following leaders debates on Friday and Monday. That trip was cancelled after a plane crashed in Toronto, but it was designed to cement Ford’s vision that developing the so-called “Ring of Fire” is somehow a patriotic duty of blue-collar workers.

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Buried treasure: Ontario’s new regulation aims to facilitate the recovery of minerals from mine waste, but many hurdles remain, experts say – by Kelsey Rolfe (CIM Magazine – February 20, 2025)

https://magazine.cim.org/en/

Ontario is becoming the first jurisdiction in Canada to have a dedicated regulatory pathway for projects aimed at recovering residual metals and minerals from mine waste. Experts said the move is a promising step, but technical and economic hurdles still stand in the way of wide-scale waste re-mining efforts.

The province announced a regulatory change to the Mining Act in late November 2024 to create a permit process specifically for recovering metals and minerals from tailings and mine waste at open, closed or abandoned mine sites in the province.

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New book chronicles woman at centre of notorious Timmins mining scandal – by Nicole Stoffman (Timmins Daily Press – February 18, 2025)

https://www.timminspress.com/

‘I see her as the flawed hero,’ author Tim Falconer says of Viola MacMillan

A new book about a Timmins mining stock scandal launched Tuesday, Feb. 18. “Windfall, Viola MacMillan and her notorious mining scandal,” by Tim Falconer (ECW Press, 2025), tells the story of the trailblazing woman prospector and mine developer who, in July 1964, stayed quiet for three weeks while shares in her company, Windfall Oil and Mines, took off amid rumours about what the company had found on its claims near Timmins.

The claims were tantalizingly close to what would become the Kidd Creek Mine, one of the world’s largest base metal mines. When she admitted she had nothing, the stock crashed and many small investors lost money. “She out-and-out-lied to us,” investor Murray Pezim said.

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‘Serious lack of details’ in [Canada Nickel] nickel mine proposal concerns group – by Andrew Autio (Timmins Daily Press – February 17, 2025)

https://www.timminspress.com/

Carbon capture process ‘encourages dangerous emissions,’ says Ontario Rivers Alliance

The Ontario Rivers Alliance has submitted its concerns regarding Canada Nickel Company’s Crawford Project to the Impact Assessment Agency of Canada (IAAC).

The proposed Crawford Project, located 43 kilometres north of Timmins, would see an open-pit nickel cobalt mine, as well as an on-site processing mill. The mine would be capable of producing up to 275,000 tonnes of ore per day, and the project is expected to last approximately 43 years.

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STLLR Gold wants to shake its money maker at a Timmins tailings site – by Ian Ross (Northern Ontario Business – February 13, 2025)

https://www.northernontariobusiness.com/

Toronto company sifting through Hollinger mine waste looking for leftover gold

A Matheson-area gold mine developer wants to sift through the tailings of the historic Hollinger Mine in Timmins to look for leftover gold.

STLLR Gold is heralding its Hollinger tailings project as a “gamechanging” and “strategic” opportunity that the Toronto company believes can yield significant amounts of untouched gold that can be reprocessed very cheaply and deliver some cash.

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Trump promises 25% tariffs on steel and aluminum imports — including from Canada – by Benjamin Lopez Steven (CBC News Politics – February 09, 2025)

https://www.cbc.ca/news/politics/

Ontario, Quebec premiers criticize U.S. president for creating economic uncertainty

U.S. President Donald Trump said he will announce on Monday that the United States will impose 25 per cent tariffs on all steel and aluminum imports, including from Canada and Mexico — a move that prompted sharp criticism from some provincial premiers.

“Any steel coming into the United States is going to have a 25 per cent tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties.

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Power shortage poses problem for the mining sector says lobby group – by Clint Fleury (TBnews Watch – February 8, 2025)

https://www.tbnewswatch.com/

The Northwest Energy Task Force says the Ontario government needs to start planning for additional power generation to meet the mining boom in the Northwest.

THUNDER BAY — Northwestern Ontario would need 250 megawatts of additional energy to meet the demand for the 41 potential mines that are expected to start by 2033, according to the Northwest Energy Task Force. Iain Angus, co-chair of the lobby group, said Northwestern Ontario could risk losing investments from some of those mining companies if we are “not prepared to provide the power.”

Ontario needs to start building additional transmission lines now, said Angus. The Northwest Energy Task Force is calling on all provincial candidates in the northwest to seriously consider adding the region’s energy needs to their platforms.

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