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Ontario lecturing Harper on good government is laughable 133 – by Christina Blizzard (Toronto Sun – November 25, 2014)

 http://www.torontosun.com/

TORONTO – They’re the terrible twins of Confederation: Ontario and Quebec. Yet like two wayward, know-it-all teenagers, Ontario Premier Kathleen Wynne and her Quebec counterpart, Philippe Couillard, have taken to lecturing the grown-ups about what they’re doing wrong.

Prime Minister Stephen Harper, like a bemused dad, rolls his eyes and ignores them — which as any parent will tell you is the best way to deal with kids who act out.

Except these two aren’t just seeking attention. They want his money. Quebec and Ontario are the two most indebted provinces. It’s almost as if they’re competing with each other. Who can dream up the costliest program to drive their province deeper in the red? Quebec comes up with $7-a-day daycare? We’ll raise that — and see you with full-day kindergarten.

Wynne and her government use any opportunity they can to slam Harper. Clearly, they’re trying to help federal Liberal Leader Justin Trudeau as we head into next year’s federal election. Don’t forget, some of Trudeau’s advisers are the people who brought former premier Dalton McGuinty to power.

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NEWS RELEASE: Rubicon and Wabauskang First Nation Reach a Settlement Agreement and an Exploration Accommodation Agreement

TORONTO, ONTARIO–(Marketwired – Nov. 24, 2014) – Rubicon Minerals Corporation (TSX:RMX)(NYSE MKT:RBY) (“Rubicon” or the “Company”) is pleased to announce that is has entered into a Settlement Agreement (“Settlement”) and an Exploration Accommodation Agreement (“EAA”) with Wabauskang First Nation (“WFN”).

Under the Settlement, WFN has agreed to discontinue its appeal against Rubicon regarding the August 28, 2014 decision made by the Ontario Divisional Court to dismiss the application for judicial review in respect of Rubicon’s production closure plan for its fully-permitted Phoenix Gold Project (the “Project”). In turn, an EAA has been signed and terms of a potential benefits agreement are outlined in the Settlement.

The EAA governs the Company’s exploration work on WFN lands, which includes the continuing exploration work being done at the Phoenix Gold Project. The key features of the EAA include the following:

WFN will support Rubicon’s exploration work, including support of the application for licenses and permits for such work;

The Company will provide certain benefits to WFN based on exploration expenditures incurred by Rubicon on its mineral claims within lands used by WFN;

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Quebec superior to Ontario for exploration, says junior miner [Northern Superior Resources] – by Ian Ross (Northern Ontario Business – November 26, 2014)

Established in 1980, Northern Ontario Business provides Canadians and international investors with relevant, current and insightful editorial content and business news information about Ontario’s vibrant and resource-rich North. Ian Ross is the editor of Northern Ontario Business ianross@nob.on.ca.

A million dollars doesn’t stretch as far as it once did; not if you’re in the exploration business in Ontario.

The province may be lauded for its rich mineralogy, but the president of a Sudbury-based junior mining company said it’s become a tad pricier and more risky to find new discoveries compared to Quebec.

“To actually make a discovery takes a huge effort and a lot of money, and you’re going to get a lot farther with that money in Quebec than you are in Ontario right now,” said Tom Morris of Northern Superior Resources. The exploration community is in dire straits with many junior miners struggling to raise project financing and their stocks trading below 10 cents.

The situation doesn’t appear to be getting any easier based on Morris’ recent presentation at a Sudbury mineral symposium describing the myriad obstacles that small mining firms face to operate in Ontario that go beyond just proving up geology.

Based on his company’s experiences in both provinces, Morris delivered a part-business analysis, part-cautionary tale on where the money is spent on a hypothetical million-dollar exploration budget.

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Canadian investors outraged after being shut out of Paladin Energy’s $138-million rights offering – by Peter Koven (National Post – November 26, 2014)

The National Post is Canada’s second largest national paper.

TORONTO – A group of Canadian retail investors is outraged after they were shut out of a rights offering that is poised to crush the value of their investment.

Uranium miner Paladin Energy Ltd., which is based in Australia but also trades in Toronto, announced a A$144-million ($138-million) rights offering this week to bolster its balance sheet ahead of a US$300-million debt repayment due next year.

Under a rights offering, existing shareholders are given the opportunity to buy stock at a discounted price — 32% in this case — to maintain their overall stake in the company. But in the Paladin deal, the Canadian retail crowd is being deliberately excluded, meaning they can only watch as they get massively diluted.

“I think the whole principle here is outrageous,” John McNeil, the former chairman and chief executive of Sun Life Financial Inc., said in an interview. He owns Paladin shares, and like many other small investors, he is phoning the company to complain.

The central issue is inconsistencies between the Canadian and Australian regulatory regimes. Put simply, it is a lot easier and cheaper for Paladin to push this deal through in its home country than to offer it in Canada as well.

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Progress seen in Coeur d’Alene River Basin cleanup efforts – by Becky Kramer (The Spokesman-Review – November 25, 2014)

http://www.spokesman.com/ [Spokane, Washington]

Cleaning up historic mine waste is paying dividends for water quality in the Coeur d’Alene River Basin, according to a new report published by the U.S. Geological Survey.

The report looked at two decades of water quality monitoring for the Coeur d’Alene River and its tributaries. Since the early 1990s, concentrations of lead, cadmium and zinc have dropped by 65 percent in the South Fork of the Coeur d’Alene River near Pinehurst, Idaho.

Other streams also showed water quality improvements, though most continue to exceed safe limits for heavy metals.

In addition, large amounts of mining waste continue to wash down the Coeur d’Alene River and into Lake Coeur d’Alene, the report said. About 400 tons of lead, 700 tons of zinc and 5 tons of cadmium flow into the lake each year, according to data collected from 2009 through 2013. Most of the metals settle at the bottom of the lake, with some flowing out of the lake and into the Spokane River.

Overall, the report is “good news for the people of the basin,” Rick Albright, the U.S. Environmental Protection Agency’s Superfund cleanup director in Seattle, said in a statement. “We still have a long way to go in our cleanup efforts, but it’s nice to have scientific confirmation that we’ve made solid, measurable progress in reducing metals loads and improving area water quality.”

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Ontario, Quebec should embrace Energy East pipeline – by Brad Wall (Toronto Star – November 26, 2014)

The Toronto Star has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion.

 Brad Wall is the premier of Saskatchewan.

Saskatchewan Premier Brad Wall says the Energy East pipeline will be an economic boon to Canada, and to Ontario and Quebec in particular.

Plans for TransCanada’s Energy East pipeline that will move Alberta and Saskatchewan conventional oil to Atlantic Canada for refining while replacing the need for eastern Canada to import foreign oil are prompting considerable national debate. The National Energy Board is conducting a full review of the proposal as they are mandated to do.

We in Saskatchewan support the Energy East proposal. The project will generate significant economic activity, create jobs and increase tax revenue — particularly in Ontario and Quebec.

Energy East has been described as the largest pipeline project in Canada in over 50 years. A current gas pipeline with excess capacity will be repurposed to move western Canadian oil to refineries in eastern Canada. Two-thirds of the pipeline is already in the ground.

A pair of comprehensive analyses have been done on the proposal: one by Deloitte, the other by the Conference Board of Canada. Both point to the substantial benefits TransCanada’s plan will achieve.

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Goldeye Groundwork: Hoping & preparing for Ontario’s next major gold discovery – by Bryan Phelan (Onotassiniik Magazine – Fall 2014)

 http://issuu.com/wawatay/docs/ono_winter_2014_layout/

The mineral exploration agreement between Goldeye Explorations and Sandy Lake First Nation had been a long, long time coming.

Robin Luke Webster was just four years old when his father, Blaine, first staked claims near Sandy Lake in 1986. So much time had passed that Robin had gone from bring a pre-schooler to manager of corporate affairs and community relations at Goldeye, where Blaine is chief executive officer.

Sandy Lake hadn’t supported the initial exploration work that followed Goldeye’s claim staking in the ’80s – line cutting, surface geophysics, an airborne geophysical survey and a limited amount of drilling – so the project was put on hold. Goldeye tried to re-activate the project in the early 2000s, but Sandy Lake still wasn’t ready to endorse it. Representatives of the First Nation and Goldeye began to talk with each other at that time, however, and by 2004 the band council had assigned one of its members for liaison with Goldeye.

Finally, in the summer of 2013, Goldeye got the go-ahead to channel sample some of its claims in the Sandy Lake Greenstone belt, part of the First Nation’s traditional lands, and the results showed “significant gold values.” At the suggestion of a Sandy Lake resident, the exploration project name became “Weebigee,” Oji-Cree for the goldeye fish in area waters. And on Nov. 18 that year, Chief Bart Meekis of Sandy Lake and Blaine Webster signed a formal, five-year exploration agreement for Weebigee project activities.

Robin, who joined his father at Goldeye as an advisor in 2012, attended the signing, which took place in the council chamber at the Sandy Lake band office.

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Sandy Lake blessing for gold exploration – by Bryan Phelan (Onotassiniik Magazine – Fall 2014)

 http://issuu.com/wawatay/docs/ono_winter_2014_layout/

Robin Luke Webster, president of Goldeye Explorations, figures he spent about three months of a recent one-year period in Sandy Lake First Nation. It has been an extraordinary but necessary investment of time, Webster has found.

With the First Nation’s blessing, Goldeye has been exploring for gold on its mining claims south of Sandy Lake since 2013. The junior exploration company is based in Richmond Hill, Ontario, part of the Greater Toronto Area.

“First Nations and exploration companies need to understand each other better,” Webster says during a presentation at the Ontario Mining Forum in June. “In Sandy Lake, community members had no idea what exploration is and on our first visits there we had no idea what a remote First Nation is.”

Webster helped the learning process along by spending 92 days in Sandy Lake during the preceding year, when he held the titles of manager and then vice-president of corporate affairs and community relations for Goldeye. “None of that is project related; it’s just talking to people,” he says of that time in the community. “It’s not easy. A junior (exploration company) can’t really afford that time but that’s what we’ve got to do.”

Webster’s outreach activities in Sandy Lake have included hosting an information booth during Treaty Day and a community feast, supporting participation of youth hockey teams in the regional Little Bands tournament and making home visits to local elders.

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NEWS RELEASE: Atikameksheng Anishwabek & KGHM International Sign Advanced Exploration Agreement for the Victoria Project

Sudbury, Canada, November 21, 2014 – Atikameksheng Anishnawbek First Nation

(“Atikameksheng”) and KGHM International Ltd. (“KGHMI”) are pleased to announce that they recently signed the Victoria Project Advanced Exploration Agreement (“the Agreement”) on September 26th, 2014. The Agreement details the Advanced Exploration stage of the Victoria Project (the “Project”) including shaft sinking, bulk sample and diamond drilling. The official signing was completed by Chief Steve Miller and Adrian McFadden, Vice President, Underground Operations for KGHMI in front of several Atikameksheng council members and KGHMI employees. A formal signing ceremony at Atikameksheng Community Centre was held Friday, November 7, 2014 at 3:00 p.m. ET.

The Agreement includes provisions on how the Atikameksheng will benefit from the development of the Project, including employment and training opportunities, business development opportunities, and compensation for temporary interferences with the exercise of aboriginal and treaty rights by the Atikameksheng. The Agreement also establishes a Community Liaison Committee with representation by both Atikameksheng and KGHMI to share information about the progress of the Victoria Advanced Exploration Project and to monitor the implementation of the Agreement.

The Agreement reflects KGHMI’s commitment to protecting the environment and wildlife, and working with aboriginal communities affected by their operations in a spirit of respect and cooperation.

Adrian McFadden, Vice President, Underground Operations for KGHMI stated, “To date, it has been a positive and educational experience working with Chief Miller and the Atikameksheng Anishnawbek.

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Suppliers face loss-making deals as miners tighten screws – by Silvia Antonioli and Sonali Paul (Reuters India – November 26, 2014)

http://in.reuters.com/

LONDON/MELBOURNE Nov 26 (Reuters) – Mining companies, compelled to cut yet more costs as metal prices fall, are ratcheting up pressure on suppliers of everything from diggers to diesel, forcing them to agree to financing deals and even loss-making sales to secure business.

The mining sector’s huge supply chain — which builds equipment, maintains machinery and even feeds and clothes workers — has benefitted from the industry’s decade-long boom. But commodity prices have worsened almost relentlessly since their 2011 peak, thanks to weaker demand and growing output, and that has meant tough times for both miners and their suppliers.

Shares in mining equipment and services firms have plunged 22 percent this year, worse than the 13 percent fall experienced by metals and mining companies overall.

“Traditionally, the industry has taken all the risk and service providers have had a jolly good time. Now we demand that they partner in our risk,” said Mark Bristow, chief executive of Africa-focused gold producer Randgold.

Competition among suppliers has been stiff for the last few years, as mining firms began to come under pressure from investors to cut back. They have already slashed a total of $20-25 billion in costs, according to Ernst & Young.

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Sudbury Basin formed by comet, not asteroid, researcher says (CBC News Sudbury – November 22, 2014)

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

Laurentian University’s Joe Petrus says comet likely created major geologic structure, not asteroid

It’s been long believed the Sudbury Basin was shaped by an asteroid that hit the region more than a billion years ago, but a Laurentian University researcher now says it was likely a comet.

The Sudbury Basin is the second largest known impact crater on Earth — 62 kilometres long, 30 kilometres wide and 15 kilometres deep. PhD candidate Joe Petrus’s recent research looks at what exactly came crashing down from space to form the massive crater.

“Impacts provide … a way to connect space [and] earth by looking at the interaction of things that were in space that have come and created a massive crater on earth,” he said.

“Sudbury is kind of unique in terms of meteorite impact. It’s one of the largest and one of the oldest.” The fiery object that struck near Sudbury, 1.8 billion years ago, formed a deep hole that can be seen from space.

When it slammed into the earth, it punched a hole in the Earth’s crust, allowing the mantle below to well up and fill the basin with a thick sheet of melted rock.

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Lundin finally brings mining back to U.P. Michigan – by Dorothy Kosich (Mineweb.com – November 25, 2014)

http://www.mineweb.com/

The Upper Peninsula of Michigan is home to Lundin Mining’s Eagle mine, the state’s first new mine in decades.

RENO (MINEWEB) – After nearly more than a decade of exploration, permitting and construction, the first U.S. nickel mine has achieved commercial production in the Upper Peninsula of Michigan, a landmark event since most mines in the region were shuttered in the 1960s.

The operation is expected to yield 300 million pounds of nickel and 250 million pounds of copper over an eight-year mine life. The mine began operations on September 23, ahead of schedule and on budget

Roughly 2,000 tons of ore per day can be processed by conventional crushing, grinding and flotation to produce separate nickel and copper concentrates. Shipments of concentrates began earlier this month.

The historic Humboldt Mill, which was built by Cleveland Cliffs for the milling of iron ore in the 1950s and was used to process gold from 1985 to the 1990s by Callahan Mining Company, is being upgraded. Construction and upgrades to the mill began in 2012 and were projected to cost more than US$275 million.

The underground mine is expected to produce about 23,000 tons (20,865 metric tons) of nickel and 20,000 tons (18,143 metric tons) of copper annually.

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Down Under firms dig for B.C. coal opportunities – by Nelson Bennett (Business Vancouver – November 25, 2014)

http://www.biv.com/

Australian juniors developing new met coal mines in the province despite global glut

Despite a global glut of metallurgical or “met” coal that has shuttered mines in B.C., Australian junior mining and exploration companies have been moving into the province with plans for new mines – underscoring the view of industry analysts that the long-term demand for steelmaking coal is strong, particularly for B.C.’s high-grade coal.

Jameson Resources Ltd. (ASX:JAL) is among the handful of Australian junior miners that have recently been buying up claims in B.C.’s coal-rich Peace River and Crowsnest regions.

The company recently applied through the B.C. Environmental Assessment Office for a new open-pit mine 13 kilometres northeast of Sparwood, not far from Teck Resources Ltd.’s (TSX:TCK.B) Fording River and Coal Mountain met coal mines.

With a capital expenditure that Cannacord Genuity estimates at US$123 million to US$339 million, Jameson Resources’ Crown Mountain coal mine would produce an estimated 3.7 million tonnes per year over 16 years.

Although Jameson is headquartered in Perth, its chairman is David Fawcett, a B.C. mining engineer with an extensive history in B.C.

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FEATURE-Peru crackdown on illegal gold leads to new smuggling routes – by Mitra Taj (Reuters India – November 25, 2014)

http://in.reuters.com/

Nov 25 (Reuters) – A crackdown on illegal gold mining in Peru has spawned new smuggling routes through its porous border with Bolivia with some gangs using human mules, armored cars and light aircraft to evade capture.

The gold is ghosted across jungles, rainforest and Lake Titicaca on the mountainous border, and is then sold to dealers who process the precious metal for export out of Bolivia’s capital La Paz, Peruvian officials say.

Bolivia, a relatively small gold producer which has commissioned no new large mines in 2014, officially exported 24 tonnes of gold between January and August, data from Bolivia’s statistics agency shows.

That is six times the amount of gold Bolivia’s miners produced in the first seven months of 2014 and more than three times the total amount it exported in all of 2013, illustrating how Peruvian gold is being diverted. Nearly all of Bolivia’s exported gold was shipped to the United States, government data shows.

Peruvian President Ollanta Humala launched a clampdown late last year to tackle a decade-long boom in wildcat gold mining that has destroyed swathes of Peru’s Amazon forest and laced its rivers with mercury.

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Agreement benefits Goldcorp, First Nations – by Ron Grech (Timmins Daily Press – November 25, 2014)

The Daily Press is the city of Timmins broadsheet newspaper.

TIMMINS – Porcupine Gold Mines has signed an historic resource development agreement with four local First Nation communities.

“What it does is pave the way for the future of the operations so it allows for business opportunities, it allows for employment and training, it allows for some help with education and what it allows is for consultation,” explained Marc Lauzier, mine general manager at Goldcorp’s Porcupine Gold Mines. “It sets a good system for us to consult with the communities, listen to the communities, and to make sure we consider all of their concerns in our future plans and our future operations.

“In the absence of this agreement,” he added, “it would definitely make it difficult to apply for permits to bring on new projects or modify closure plans.”

The four Aboriginal communities that co-signed the agreement are Mattagami First Nation, Wahgoshig First Nation, Matachewan First Nation and Flying Post First Nation.

The formal signing, held at Cedar Meadows Resort in Timmins on Monday, followed traditional Aboriginal ceremonies, smudging and drumming.

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