Archive | Timmins

Former Timmins mayor wanted to buy the Ring of Fire – by Maija Hoggett (Northern Ontario Business – November 15, 2018)

https://www.northernontariobusiness.com/

Steve Black investigated city acquiring Far North deposits after Cliffs departure

In his first week in office, Timmins Mayor Steve Black wanted to buy a mine. Sharing the story of how he wanted to purchase the Ring of Fire is one of the memories he shared about his time in office as he chaired his final council meeting Nov. 13.

Being elected as a councillor in 2010 was a life-changing moment for Black. When the next election rolled around, he won the mayor’s seat. Back in 2014 in his first week on the job as mayor, he recalled going to the CAO and announcing his desire to buy a mine.

At the time, former owner Cliffs Natural Resources was looking to pull out of the project. Knowing the importance of having what is now Noront come to Timmins, Black wanted the city to have control of its destiny. Continue Reading →

Timmins mine the good news story in a tough quarter for Tahoe – by Len Gillis (Timmins Daily Press – November 7, 2018)

https://www.timminspress.com/

Like other gold companies across the North, the third quarter of 2018 was not kind to Tahoe Resources Inc., the parent company for Tahoe Canada which operates the Timmins West mining complex and the Bell Creek Mine and Mill in Timmins.

Like other gold companies across the North, the third quarter of 2018 was not kind to Tahoe Resources Inc., the parent company for Tahoe Canada which operates the Timmins West mining complex and the Bell Creek Mine and Mill in Timmins.

The company has reported a third quarter earnings loss of $190 million, which compares with a loss of only $8.4 million for the same period last year. This represents a $0.61 loss per share. Continue Reading →

Borden mine innovations tested at Hoyle Pond – by Len Gillis (Timmins Daily Press – October 31, 2018)

https://www.timminspress.com/

The Hoyle Pond Mine in Timmins has become something of a testing ground for many pieces of mining equipment destined for the new all-electric Borden Lake gold project near Chapleau.

It might also turn out that Hoyle Pond and other “traditional” mines will eventually rely more and more on using all-electric equipment.

Borden is the newest gold mine operation for Goldcorp’s Porcupine Gold Mines division, which also includes Hoyle Pond, the Hollinger open pit and the Dome Mine and milling complex now being studied for the possible Century Project. Continue Reading →

Feds kick in $5M for ‘innovative’ all-electric Borden Mine – by Len Gillis (Timmins Daily Press – October 29, 2018)

https://www.timminspress.com/

With Goldcorp betting hundreds of millions of dollars on the future of its new Borden Lake gold mine project near Chapleau, the federal government has chipped in with $5 million to show its faith in the project and others like it.

CHAPLEAU – With Goldcorp betting hundreds of millions of dollars on the future of its new Borden Lake gold mine project near Chapleau, the federal government has chipped in with $5 million to show its faith in the project and others like it.

Federal Natural Resources Minister Amarjeet Sohi toured the new mine facility on Monday with Goldcorp officials and technical representatives of the mining equipment manufacturers who are working to make it the first all-electric underground mine in Canada, which is considered a major environmental improvement for the mining industry. Continue Reading →

7-year-old girl’s one wish: to visit a mine – by Lydia Chubak (CTV News – October 26, 2018)

https://northernontario.ctvnews.ca/

Most children that are granted a wish usually want to go to Disney World, but not seven-year-old Aliesha from Bowmanville, in southern Ontario.

She wanted to be a miner for a day, and thanks to several organizations, she got to fulfill her personal goal.

Aliesha lives with a nervous system disorder and made the trip to Timmins with the help of the Toronto and Central Make-A-Wish Foundation, resource company Sherritt International and mining company Goldcorp. Continue Reading →

Tahoe mine rescue team gets nod for fastest time at int’l competition – by Len Gillis (Timmins Daily Press – October 5, 2018)

https://www.timminspress.com/

The Tahoe Resources mine rescue team from Timmins is back home after a gruelling week spent at the biennial International Mine Rescue Competition held in Ekaterinburg, Russia. The competition ran Sept. 22 to 28.

Team Tahoe didn’t take home the winning hardware but Timmins Mine Rescue Officer Danny Taillefer said Tahoe and Ontario Mine Rescue performed well despite the stiff competition.

One of the seven Russian teams participating in the event, Emercom, took the overall top honours. A feather in the cap for Team Tahoe was a certificate for being the team with the fastest time for correctly performing various mock disaster scenarios. Continue Reading →

Timmins-area mineral properties ripe for development – by Lindsay Kelly (Northern Ontario Business – September 18, 2018)

https://www.northernontariobusiness.com/

McEwen Mining provides mid-year update on exploration, development activities

Rob McEwen is so confident in the quality of his namesake company and its deposits he’s put $160 million of his own capital into their development, and is taking a salary of just $1 per year, without a bonus or options.

“So why such a big commitment?” he asked during a Sept. 7 mid-year webcast report to investors. “I’m a big believer in our future, the potential of our properties, the skill of our team, and the power of mining to make a meaningful contribution to society at large.”

McEwen is the founder, chair, and chief shareholder of McEwen Mining, which owns a number of gold and base metals properties in the Timmins area, in addition to the El Gallo Mine in Mexico, the San José Mine in Argentina, the Gold Bar property in Nevada, Project Fenix in Mexico, and the Los Azules property in Argentina. Continue Reading →

IAMGOLD chief talks up economic benefits of new gold mine – by Len Gillis (Timmins Daily Press – September 15, 2018)

https://www.timminspress.com/

The new IAMGOLD Coté Lake gold mine project is going to be bigger than most people expect according to the company president and CEO Stephen J.J. Letwin, who spoke to the business community of Timmins at the Dante Club on Friday.

He said the project will generate more than $9 billion in economic activity over the 17-year production life of the mine as well as generating billions in payroll. Letwin said this would create a positive impact on the economies of Timmins, Sudbury, Gogama and Northern Ontario.

Letwin was in Timmins with several other company executives as they were taking part in an inspection tour of the new property located south of Gogama, and just a few kilometres west of Highway 144 in Chester and Yeo Townships. Continue Reading →

Tahoe drills to win gold at world mine rescue competition – by Ron Grech (Timmins Daily Press – September 12, 2018)

https://www.timminspress.com/

A united effort is underway this week to help the Timmins mine rescue team from Tahoe Resources Canada put in a good showing when the team takes part in the International Mine Rescue Competition (IMRC) being held in Russia later this month.

The Timmins team, aside from winning the Timmins District mine rescue competition held in May, also won the all-Ontario mine rescue competition in June. As such, the team was challenged to take part in the IMRC event happening in Ekaterinburg, Russia, from Sept. 22 to 29.

On Wednesday, Team Tahoe stepped up its game as members of the Timmins fire department were joined by mine rescue officers from across Ontario to provide intense speciality training to the Timmins mine rescuers. This took place at the Northern College fire training site. Continue Reading →

Goldcorp supports the City’s Indigenous Advisory Committee – by Len Gillis (Timmins Daily Press – August 31, 2018)

https://www.timminspress.com/

The largest gold mining company in Timmins is providing financial support to the city’s new Indigenous Advisory Committee. Goldcorp Porcupine Gold Mines PGM announced on Thursday it would match the support provided by the municipality earlier this year when city council approved $50,000 in funding.

That figure was matched this week with a cheque from Goldcorp PGM for $50,000. “When we heard of the initiative, we jumped in to support it,” said Goldcorp Sustainability Manager Bryan Neeley.

“The contribution will improve the committee’s ability to execute on different initiatives. Our relationship with our Indigenous Partners is a core belief of the company and treating all people with respect regardless of their diversity, is important in the workplace as well as in the community.” Continue Reading →

Timmins mine rescuers will compete in world event (Timmins Daily Press – August 30, 2018)

https://www.timminspress.com/

Tahoe Resources mine rescuers from Timmins were ranked as the best mine rescue team in Ontario for 2018.

The winning Ontario Mine Rescue team from Tahoe Canada in Timmins will be participating in the International Mine Rescue Competition (IMRC) in Russia next month.

Team Tahoe, led by Adam Weagle of Timmins, was the winning mine rescue group at the Timmins District Mine Rescue competition held at the Archie Dillon Sportsplex in May.

From there Team Tahoe moved to the all-Ontario mine rescue competition, which was held in Matachewan at the Alamos Gold Young-Davidson mine. Tahoe emerged as the top ranked team in Ontario. Team members are from the Timmins West mining complex and the Bell Creek Mine. Continue Reading →

[McEwen Mining] Black Fox Mine purchase was the right thing investors are told – by Len Gillis (Timmins Daily Press – August 2, 2018)

http://www.timminspress.com/

McEwen Mining Inc. (TSX:MUX) investors were told Wednesday that the recently acquired Black Fox mining property (formerly Primero Mining Corp.) near Matheson, is on its way to becoming a sustainable cash-generating operation for the company.

The company also revealed that Chris Stewart is the new President and COO for McEwan. It was just a year ago this week that McEwen revealed it was setting out to purchase the gold mine near Matheson, with all its adjoining properties, for $35 million US. The deal went through last fall.

A statement from Andrew Elinesky, the company’s chief financial officer, as he provided an overview of finances and operations during the one-hour teleconference, indicated that McEwen is more than happy with the purchase. Continue Reading →

Mayor optimistic after Timmins makes Noront shortlist – by Len Gillis (Timmins Daily Press – July 17, 2018)

http://www.timminspress.com/

TIMMINS – Timmins Mayor Steve Black said he is confident and optimistic that Timmins is still offering the best possible solution for Noront Resources Inc. in its bid to find a new ferrochrome processing facility. It was only Friday that Noront revealed that Timmins was one of two communities that made the new shortlist for consideration for a new facility.

Timmins had been one of four Northern Ontario cities in the running as a possible site for Noront’s future plans. Noront is the company with the largest area of active mining claims in the Ring of Fire area, which is touted to have $50-billion worth of chromite, nickel and other valuable minerals.

While the mining prospect is still a few years away from development, Noront has been actively seeking a Northern Ontario community where a ferrochrome facility could be located. Timmins, Thunder Bay, Sudbury and Sault Ste. Marie were all being considered. Continue Reading →

Modest growth predicted for Timmins’ economy – by Ron Grech (Timmins Daily Press – June 27, 2018)

http://www.timminspress.com/

TIMMINS – The Timmins economy will continue to expand, albeit moderately in the next couple of years, according to a new report by the Conference Board of Canada (CBoC), which shows some significant numbers on this city’s economic performance.

The report, which is called the Mid-Sized Cities Outlook 2018, reviews the economic performances of several such cities across Canada. The CBoC report said it recognizes “the valuable role that Canada’s mid-sized cities play as regional hubs and economic engines in their respective areas.”

The report also noted that while there was a drop in employment in Timmins last year, things are expected to bounce back in the job market. It also noted that although the growth rate for Timmins is predicted to be “modest” and lower than the average among Canadian cities, it is still growth. Continue Reading →

IAMGOLD breaking new ground with Coté mine – by Len Gillis (Timmins Daily Press – June 7, 2018)

http://www.timminspress.com/

GOGAMA – The new gold mining project being planned near Gogama will present some unique technical challenges, but an official with IAMGOLD Corporation said he is confident his company will be able to overcome and succeed.

This will include such things as moving a lake and using driverless haulage trucks. Steve Bowles, manager of the Coté Gold Project, was one of the key speakers this week at the gala dinner put on by the CIM (Canadian Institute of Mining, Metallurgy and Petroleum) as part of the Big Event Mine Expo.

Bowles was providing an update on the project which is the former Trelawney Mining prospect located in Chester Township, about 20 kilometres southwest of Gogama. Work is expected to begin on a new open pit mine in the new year. Continue Reading →