Twitter

Timmins

Timmins’ newest gold mine started operations Easter Monday – by Nicole Stoffman (Timmins Daily Press – April 18, 2023)

https://www.timminspress.com/

Gowest seeking local diamond drillers for exploration planned for later this spring

Gowest Gold’s Bradshaw Mine, 42 kilometres north of Timmins, began operations on April 10. The company’s president Dan Gagnon shared the news at a luncheon hosted by the Timmins Chamber at the Porcupine Dante Club on Tuesday.

“We are the new mine in Timmins,” said Gagnon, adding that the mine will produce 200 tonnes of gold ore a day (from which gold is extracted) this year at 5.6 grams of gold per tonne of ore, and ramp up to 1,300 tonnes a day by its third year.

Read more

Having nickel in Timmins ‘extremely attractive’, says CEO – by Maija Hoggett (Timmins Today – February 23, 223)

https://www.timminstoday.com/

‘We think we’re in the early phase of unlocking an entire nickel district’

A mine developer says Timmins is in the early phase of unlocking a nickel district. Canada Nickel CEO Mark Selby gave an update on its Crawford Project today at the Timmins Chamber’s State of Mining event.

Crawford is a proposed open-pit mine 40 kilometres north of the city. It’s slated to be a zero-emission operation. “This would be one of the largest nickel sulphide mines globally. Based on the scale of the resource that’s there it has the potential to be even larger.

Read more

Anglo American investment a ‘game changer’ for Toronto-based junior miner: CEO – by Naimul Karim (Financial Post – February 11, 2023)

https://financialpost.com/

Will bolster Canada Nickel’s plans to build a rare ‘zero-carbon’ nickel mine within two years

Canada Nickel Co. Inc. chief executive Mark Selby called Anglo American Plc’s decision to take a minority stake in his company a “game changer” that will bolster Canada Nickel’s plans to build a rare “zero-carbon” nickel mine within two years.

London-based Anglo American’s $24-million investment in Toronto-based Canada Nickel is the latest example of a major international player making a bet on Canada emerging as a node in the supply chain for electric vehicles, at least in North America and Europe, where governments are spending billions of dollars on subsidies aimed at weakening China’s hold on the market for batteries and the things needed to make them.

Read more

Gold discoveries provided foundation for Porcupine Camp in 1912 – by Karen Bachmann (Timmins Daily Press – February 10, 2023)

https://www.timminspress.com/

Karen Bachmann is the director/curator of the Timmins Museum and a writer of local history.

Great moments from 1912: Robert Scott reached the South Pole on Jan. 17th (Roald Amundsen beat him by a month, arriving at the pole in December 1911); New Mexico became the 47th state in the US; the Olympic Games took place in Stockholm, Sweden; the Titanic set sail (and sank); the African National Congress was founded as the South African Native National Congress; Edgar Rice Burrows wrote “Tarzan of the Apes”; Casimir Funk introduced the concept of vitamins and Carl Jung published “Psychology of the Unconscious”.

And locally, results started to add up from those gold discoveries made in New Ontario during the rush of 1909. Evidence of this growth is apparent in the items featured in early editions of the Porcupine Advance newspaper.

Read more

Anglo American makes C$24m investment in Canada Nickel – by Staff (MiningWeekly.com – February 8, 2023)

https://www.miningweekly.com/

Diversified miner Anglo American has agreed to acquire a 9.9% minority interest in Canada Nickel Company, which owns the Crawford nickel project in Ontario, Canada. The major will make a C$24-million investment in Canada Nickel at a price of C$1.95 a common share – a 10% premium to the 30-day volume weighted average price.

Anglo will provide technology expertise to the Crawford project and has the exclusive right to buy up to 10% of recoveries of nickel concentrate, iron and chromium contained in the magnetite concentrates and any corresponding carbon credits from the Crawford project.

Read more

Matheson gold builder sees open-ended potential – by Staff (Northern Ontario Business – January 9, 2023)

https://www.northernontariobusiness.com/

Moneta Gold firms up its case for open-pit and underground operation with intensive 2023 drilling campaign

The president of Moneta Gold is predicting many “upside opportunities” for its flagship Tower Gold Project near Matheson. In a recent news release, Gary O’Connor reflected on 2022 being “an extremely rewarding year” for the company.

Moneta posted an updated gold resource estimate for Tower Gold and released a positive preliminary economic assessment (PEA) in September, making the economic case for an open-pit and underground mining operation.

Read more

Canada’s largest gold mine, an open pit in northern Ont., looks to expand underground – by Sergio Arangio (CTV News Northern Ontario – December 8, 2022)

https://northernontario.ctvnews.ca/

In one of the company’s first public addresses since merging with Kirkland Lake Gold in February and becoming the third-largest gold miner in the world (ranked by Canadian Mining Journal for the first half of 2022), Andre Leite, Agnico Eagle’s Ontario vice-president, said he sees more growth potential in northeastern Ontario.

That’s what he told local stakeholders at the Timmins chamber’s State of Mining conference Wednesday afternoon, saying there’s potential to dramatically boost output at Canada’s largest gold mine: the Detour Lake open pit.

Read more

Timmins nickel explorer sees big tonnage potential at Shaw Dome Project – by Staff (Northern Ontario Business – November 1, 2022)

https://www.northernontariobusiness.com/

EV Nickel envisions “clean nickel” mining and processing operation to supply the electric vehicle makers

A little bit of Mark Selby and Canada Nickel appears to be rubbing off on an exploration startup company in the Timmins mining camp. EV Nickel hopes to replicate the marketing success of Canada Nickel’s Crawford Project by proving up a low-grade, large-tonnage nickel resource at its Shaw Dome Project, 25 kilometres southeast of the city.

The Toronto company recently released some promising early assay results from last summer’s drilling program that show a new zone of nickel mineralization at the CarLang area of its enormous 30,000-hectare exploration property.

Read more

The New Faces of the North – by Diane Armstrong (Timmins Daily Press – October 19, 2022)

https://www.timminspress.com/

The story of Northern Ontario’s people has changed since the early days of the railway. At the turn of the last century, workers from many countries joined their friends when they learned of employment building the rails north – particularly from North Bay, the terminus for the Temiskaming & Northern Ontario Railway.

As the work reached Cobalt, many men decided to settle there, bring their families and work in the newly-discovered silver mines or to open businesses. Others ventured further north to Kirkland Lake and the Porcupine when gold was discovered further north. Soon clubs were established to serve the cultural needs of their people. With the culture, came the foods that reminded them of home.

Read more

Mining company says Timmins could supplant Sudbury as global nickel capital – by Darren MacDonald (CTV News Northern Ontario – October 6, 2022)

https://northernontario.ctvnews.ca/

Deposits being explored in the Timmins area could become major source of high-quality nickel for the electric car battery market. That’s the word from officials with Canada Nickel, which is working on developing its Crawford deposit.

It’s also excited about another find, the Reid Property, located 16 kilometres southwest of Crawford, or 37 kilometres northwest of Timmins. Mark Selby, Canada Nickel CEO and director, told a news conference this week that deposits in the area have the potential to become one of the largest sources of nickel for EV batteries in the world.

Read more

The case for low-grade sulfide nickel deposits – by Richard (Rick) Mills (A Head Of The Herd – October 4, 2022)

Home

Nickel deposits come in two forms: sulfide or laterite. About 60% of the world’s known nickel resources are laterites, which tend to be in the southern hemisphere. The remaining 40% are sulfide deposits. The main benefit of sulfide ores is that they can be concentrated using the fairly simple flotation technique.

There is no such technique for nickel laterites. The rock must be completely molten or dissolved to enable nickel extraction. As a result, laterite projects require large economies of scale at higher capital costs to be viable. They are also generally much higher cash-cost producers than sulfide operations.

Read more

The gold exploration surge continues in Timmins – by Ian Ross (Northern Ontario Business – August 22, 2022)

https://www.northernontariobusiness.com/

Junior miners drilling and developing the next generation of gold mines in the Abitibi gold belt

Gold prices have slumped this month to below US$1,750 an ounce, but the Abitibi gold belt around Timmins continues to bustle with exploration activity this summer.

With more than 200 million ounces of historical production, this mineral-rich region remains a magnet for junior miners to make new discoveries or breathe new life into older ore bodies. In the West Timmins area, Galleon Gold is making preparations to begin test mining at its West Cache deposit in 2023.

Read more

Canada Nickel begins federal permitting process for Crawford project – by Jackson Chen (Canadian Mining Journal – August 8, 2022)

https://www.canadianminingjournal.com/

Canada Nickel Company (TSXV: CNC; OTC: CNIKF) has commenced the federal impact assessment permitting process for its Crawford nickel project, following acceptance

Canada Nickel Company (TSXV: CNC; OTC: CNIKF) has commenced the federal impact assessment permitting process for its Crawford nickel project, following acceptance by the Impact Assessment Agency of Canada of the company’s initial project description (IPD).

The agency has determined the IPD conforms to the regulations and it has been posted online for an official 180-day comment period.

Read more

Mark Selby has CO2-eating rocks in Timmins – by Staff (Northern Ontario Business – July 20, 2022)

https://www.northernontariobusiness.com/

Canada Nickel provides proof that its Crawford Project can sequester carbon

Canada Nickel Company CEO Mark Selby often points out that the rocks of his ultramafic-hosted nickel deposits, north of Timmins, spontaneously soak up carbon dioxide (CO2) when exposed to air.

Now the Toronto-based junior mining company is providing the lab results to back up his claim. For a couple of years, Selby has been pitching its Crawford Project and the Timmins area as an up-and-coming district for the North American electric vehicle sector to source a domestic large-scale and low-carbon supply of nickel.

Read more

EV Nickel rises on high grade drill results at Shaw Dome in Ontario – by Naimul Karim (Northern Miner – July 11, 2022)

Global mining news

Shares of EV Nickel (TSXV: EVNI) jumped more than 50% in morning trading as the company’s latest drill results from its Shaw Dome project in Timmins, Ont., intersected high-grade nickel sulphide.

Highlights from the drill results included 14.30 metres grading 1.50% nickel starting from 311.8 metres in drillhole EV22-12, including 5.40 metres grading 2.96% nickel; and 5.50 metres grading 1.33% nickel starting from 373.50 metres in drillhole EV22-13.

Read more