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Ontario Mining

Ontario Pitches Trump on Mining Deals With Tariffs Looming – by Jacob Lorinc (Bloomberg News – January 13, 2025)

https://www.bnnbloomberg.ca/

(Bloomberg) — The leader of Canada’s most populous province is pitching a “renewed strategic alliance” with the US on critical minerals, as President-elect Donald Trump threatens crippling tariffs on the northern nation.

Ontario Premier Doug Ford unveiled Monday a new plank in a broader strategy he calls “Fortress Am-Can.” The plan aims to invest in and build out a critical minerals supply chain in North America. It advocates for expanding capacity to process metals and minerals mined on the continent, while accelerating federal and provincial timelines to permit and approve mining projects.

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Mining the Northwest: Red Lake’s Madsen Mine ready to restart – by Ian Ross (Northern Ontario Business – January 13, 2025)

https://www.northernontariobusiness.com/

West Red Lake Gold Mines building out its workforce to reach commercial production by year’s end

West Red Lake Gold Mines is aiming for a mid-year restart of its Madsen Mine at Red Lake. The Vancouver mine developer released a prefeasibility study in early January, laying out its plan to bring Madsen back to life in 2025.

In taking over a mine that struggled out of the gate and failed under previous ownership, company management is confident it’s delivered a pragmatic and conservative plan that it can deliver on. With 1.7 million ounces of indicated gold reserves and resources, Madsen’s new mine life is pegged at 7.25 years.

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Snow Lake Energy makes gallium discovery in Ontario – by Staff (Mining.com – January 13, 2025)

https://www.mining.com/

Snow Lake Energy (NASDAQ: LITM) said on Monday it has made a new gallium discovery at the Mound Lake property in Ontario to complement its existing portfolio of lithium and uranium assets, sending its shares higher.

An analysis of sampling conducted by Free Battery Metal (CSE: FREE), its partner on the project, unveiled that 70% of samples from Mound Lake had gallium values above the average crustal abundance (19 parts per million). Twelve samples returned gallium values over 50 ppm, with the highest measuring 110.5 ppm.

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NEWS RELEASE: Ontario Building Fortress Am-Can by Accelerating Strategic Resource Development (January 13, 2025)

Province’s critical minerals can power prosperity and security on both sides of the border

TORONTO — Today, Premier Doug Ford outlined Ontario’s plan to accelerate strategic resource development, including Ontario’s critical minerals in the Ring of Fire region, to build Fortress Am-Can, a renewed strategic alliance between Canada and the United States that is a beacon of stability, security and long-term prosperity.

The United States and Canada are each country’s most significant trading partners, representing trillions of dollars in annual economic activity and millions of jobs on both sides of the border. Fortress Am-Can will leverage Ontario’s unique advantages to help America bring jobs back home as it decouples from China, including by establishing a new Am-Can Critical Mineral Security Alliance that invests in and builds out American and Canadian critical mineral supply chains, including by significantly expanding Am-Can processing capacity.

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New research explores impact of Ring of Fire mining on First Nations in northern Ontario – by Sarah Law (CBC News Thunder Bay – January 11, 2025)

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

Focus is on embedding reconciliation into corporate polices

A new research project is exploring the human rights impacts of mining operations on First Nations in the Ring of Fire — a vast mineral-rich area in northern Ontario. The partnership, announced Wednesday, is between the Anishnawbe Business Professional Association (ABPA) and University of Toronto Faculty of Law’s international human rights program.

The research has already begun and is examining how mining companies are engaging with First Nations, with the goal of strengthening their policies on Indigenous relations and sustainability. Jason Rasevych is a member of Ginoogaming First Nation and president of the ABPA.

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Wabun Tribal Council boss goes to bat for Newmont – by Ian Ross (Northern Ontario Business – January 7, 2025)

https://www.northernontariobusiness.com/

Batise respectful of Takywa Tagamou Nation’s position, but disagrees with their portrayal of gold miner

Newmont isn’t the “bad actor” that it’s being made out to be. Wabun Tribal Council executive director Jason Batise reaffirmed his organization’s support that the gold mining company has proven itself as a good corporate citizen and solid First Nations partner in operating its mines in the Timmins and Chapleau area.

Timmins-based Wabun issued a news release last week throwing its support behind Newmont-owned Porcupine Mines in the face of a legal claim filed last November by Takywa Tagamou Nation (TTN).

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Magna Mining forks over a dollar for 30,000 hectares of Sudbury base metal properties – by Ian Ross (Northern Ontario Business – December 18, 2024)

https://www.northernontariobusiness.com/

Local mine developer swings its second major land acquisition deal in 2024

Sudbury’s newest and boldest miner, Magna Mining, continues to expand its footprint in the Sudbury basin. The junior mine developer has signed an asset acquisition agreement with NorthX Nickel to pick up a raft of former mine and exploration properties that hold some promising base metal potential.

And it’s a pretty sweet cash deal for Magna. One dollar. The properties, scattered all over the corners of the Sudbury basin, amount to about 30,000 hectares that Magna believes have significant upside based on the geology and the record of high-grade hits from drilling programs carried out by previous companies.

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Nickel executives raise alarm over potential flood of Indonesian imports stemming from free trade agreement – by Niall McGee (Globe and Mail – December 22, 2024)

https://www.theglobeandmail.com/

Canada’s new free-trade agreement with Indonesia is causing an uproar in the nickel industry, with some executives saying that Ottawa should be clamping down on the Southeast Asian country, instead of opening up the domestic market to a flood of cheap supply produced at questionable environmental standards.

Earlier this month, International Trade Minister Mary Ng announced the Comprehensive Economic Partnership Agreement, which will see tariffs phased out on many goods between the two countries as of 2026. The trade deal had been in the works for several years. Canada already has no tariffs on imports of nickel from Indonesia.

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Opinion: Canada needs swift reforms to lift its troubled mining sector – by Mark Selby (Globe and Mail – December 16, 2024)

https://www.theglobeandmail.com/

Mark Selby is the founder and CEO of Canada Nickel Co.

Canada’s mining industry must overcome significant obstacles to unlock vast reserves of critical minerals essential to our modern economy. From securing development financing to navigating regulatory bottlenecks while competing against well-funded global players like China, bringing Canadian resources to market has never been so challenging.

The Canadian mining sector is teeming with projects stuck in the “Valley of Death” – the precarious stage between initial exploration success and full-scale production where many promising ventures fail to secure the backing needed to fund the years of permitting and engineering work required to begin production.

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Mining the Northwest: Opportunities abound for new Musselwhite owner to grow gold resources, shave costs – by Ian Ross (Northern Ontario Business – December 13, 2024)

https://www.northernontariobusiness.com/

Vancouver’s Orla Mining looks to fine-tune operations at the remote northwestern Ont. mine while putting money into the drill bit

Orla Mining may be new to the mining scene in Ontario, but the Musselwhite gold mine is not new to them. The Vancouver company’s pending acquisition of the remote northwestern Ontario underground mine from Newmont probably sent more than a few people scurrying to Google last month to dig into the details of the expanding seven-year-old outfit.

Unlike other mining newcomers to the region, Orla isn’t buying a broken operation that was mismanaged and in dire need of cash-infused resurrection. Musselwhite is one that, by all accounts, is well-run operation that no longer fit into Newmont’s ambitions to invest in so-called Tier 1 assets.

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Jobs of the Future: Kenjgewin Teg, Legend Mining partnership ‘breaking down barriers’ to Indigenous unemployment – by Casey Stranges (Northern Ontario Business – December 9, 2024)

https://www.northernontariobusiness.com/

Mentorship and training partnership touted by organizers as a “bridge” to employment for Indigenous youth in Northern Ontario

Scott Rienguette, general manager for Sudbury-based Legend Mining, says he’s on a mission to show Indigenous youth that the only barriers they’ll face entering the skilled trades are the ones they build themselves.

The Sudbury-based mining company has partnered with Kenjgewin Teg, an Indigenous learning institute on Manitoulin Island, to help get practical, hands-on training to people outside Northern Ontario’s large mining centres.

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Vale lays off staff as mining operations worldwide reckon with low nickel prices (CBC News Sudbury – December 11, 2024)

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

The company says it’s letting ‘non-operational’ staff go as it moves to a ‘decentralized structure’

Vale is cutting jobs throughout its global operations to remain competitive as the price of nickel continues to slump. The company is refusing to say how many of its Sudbury employees are included in this round of layoffs.

In a statement it says “people in non-operating roles” will be leaving as the mining giant moves towards a “new decentralized structure.”

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Saddened by Kidd mine news? McEwen Mining sees new gold production over the horizon – by Ian Ross (Northern Ontario Business – December 5, 2024)

https://www.northernontariobusiness.com/

Toronto gold company drilling off Grey Fox deposit with bump in resources expected in early 2025

While Glencore’s Kidd base metals mine is slated for closure in two years time, the legendary Timmins camp is far from finished when it comes gold mining longevity. McEwen Mining is excited by a new prospect in its gold mining stable at the Fox Complex, east of the city, that contains a new and emerging deposit dubbed Grey Fox.

In releasing a raft of high-grade assay results this week, the Toronto gold company framed the ongoing exploration program at Grey Fox as opening up “new possibilities for resource and production growth” in what is already a very prolific mining area for McEwen.

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Vale to trim management staff in Sudbury and around the world – by Jim Moodie (Sudbury Star – December 6, 2024)

https://www.thesudburystar.com/

Union says its members won’t be affected by the cuts

Vale Base Metals will be shedding some staff in Sudbury but as of now the downsizing seems isolated to management and will not impact the rank and file.

“We have been informed there is an internal, managerial reorganization, that is obviously resulting in job losses, as has been reported already,” said USW 6500 vice-president Ray Hammond. “But we have not been informed of who or how many people that affects.”

Hammond said the union has been given no indication that any of its workers are slated to lose their jobs. “We have not been informed of it affecting our membership in any way,” he said. “They’re still hiring, for us, and we still have new members going through training as we speak.”

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Science North celebrates premiere of Planting Hope: A Regreening Story – by Staff (Sudbury Star – November 30, 2024)

https://www.thesudburystar.com/

The film brings to life Sudbury’s journey from a desolate landscape scarred by pollution to the vibrant, thriving region it is today

Science North has premiered its latest production, Planting Hope: A Regreening Story, a powerful documentary that celebrates the transformation and resilience of Greater Sudbury. The premiere at Dynamic Earth captivated audiences with the remarkable tale of one of the largest and most successful environmental reclamation projects in the world.

Through powerful imagery and inspiring stories, the documentary reveals how collaborative efforts, innovative regreening techniques and a shared commitment to the land have revitalized Greater Sudbury.

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