Rural medicine: How a gamble to bring in doctors is paying off – by ANDRÉ PICARD (Globe and Mail – January 15, 2018)

https://www.theglobeandmail.com/

Twelve years after the first class began at The Northern Ontario School of Medicine, many remote communities have ‘gone from crisis mode to planning mode’ thanks to graduates, the majority of which opt to practise in rural areas

When the Northern Ontario School of Medicine was created, it was based on a simple – but untested – premise: If you educate and train physicians in rural and remote northern communities, they will be more likely to practise there.

Twelve years later, the gamble is paying off better than anyone expected: 94 per cent of NOSM graduates who do a family medicine residency in the North stay there to practise, and 69 per cent of all graduates, specialists and GPs alike, have opted to work in remote and rural areas, particularly Northern Ontario.

“Has it worked?” Dr. Roger Strasser, the dean of NOSM asks. “Yes it has. Many northern communities have gone from crisis mode to planning mode thanks to our graduates. But we’re still a long way from having the medical care we need in Northern Ontario.”

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One of the Biggest Diamonds in History Has Just Been Dug Up – by Thomas Biesheuvel (Bloomberg News – January 15, 2018)

https://www.bloomberg.com/

One of the biggest diamonds in history has been discovered in the mountainous kingdom of Lesotho in southern Africa.

Gem Diamonds Ltd. found the 910-carat stone, about the size of two golf balls, at its Letseng mine in the country. It’s a D color Type IIa diamond, which means it has very few or no nitrogen atoms and is one of the most expensive stones. The diamond is the fifth-biggest ever found.

The Letseng mine is famous for the size and quality of the diamonds it produces and has the highest average selling price in the world. Gem sold a 357-carat stone for $19.3 million in 2015 and in 2006 found the 603-carat Lesotho Promise.

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Column: Why cobalt will struggle to free itself from the DRC – by Andy Home (Reuters – January 15, 2018)

https://www.reuters.com/

LONDON (Reuters) – The cobalt market will record a supply surplus both this year and next, according to heavyweight commodities research house CRU. This might seem a little surprising, given all the bullish hype surrounding a metal that more than doubled in price last year.

CRU itself has drastically revised its original assessment of a sustained supply shortfall due to strong demand growth from the battery sector. What has changed its mind?

In short, it’s the return of the Katanga mine after two years of suspended activities. Once fully operational, Katanga will be the “largest cobalt-producing mining project in the world”. (CRU Insight, Jan. 4 2018)

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NEWS RELEASE: RNC Minerals Plans Initiatives To Allow Decision To Begin Construction Of Dumont Nickel-Cobalt Project In 2019; Highlights Large Nickel And Cobalt Reserves

http://www.rncminerals.com/

TORONTO, Jan. 15, 2018 /CNW/ – RNC Minerals (TSX: RNX) (“RNC”) expects to undertake a series of initiatives during 2018 to position the company to make a decision to begin construction of the Dumont Nickel-Cobalt Project, which contains the world’s largest undeveloped reserves of both cobalt and nickel, in 2019.

With many market participants expecting explosive growth in nickel and cobalt demand from the electric vehicle market over the coming decade, RNC continues to be approached by a number of potential strategic investors, offtake partners and financiers who could provide the financing required to begin construction.

“The Dumont Nickel-Cobalt Project, one of the world’s premier battery metals projects, contains the world’s largest undeveloped reserves of both cobalt and nickel. It also contains the 2nd largest nickel reserve and the 8th largest cobalt reserve of any deposit in the world,” said Mark Selby, President and CEO of RNC Minerals.

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Timmins’ criminal past with gold headed for TV – by Emma Meldrum (Timmins Daily Press – January 15, 2018)

http://www.timminspress.com/

TIMMINS – Timmins’ criminal history with gold is on its way towards being featured in a two-part TV mini-series. Author Kevin Vincent announced last week that a television network – which won’t be named until the “docu-drama” is ready to air – has picked up the project, based on his books: Bootleg Gold, volumes one and two.

Vincent has come a long way since moving to Timmins 34 years ago, when he “wouldn’t know a gold mine if I tripped into one.” Today is a completely different story.

“There are literally thousands of stories that I’ve captured,” he said. “I have 17,000 pages of research. I’ve done dozens and dozens of hours of on-camera interviews with people that have been a part of that world. I have audio interviews with people I’ve interviewed that date back far into the 1930s. Notwithstanding that, even though I have the largest collection of these stories, it’s still a fraction of what’s out there.”

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ONE MAN’S TRASH: How Montana Gold Rushers Literally Threw Away a Fortune in Sapphires – by Levi Higgs (The Daily Beast – January 12, 2018)

https://www.thedailybeast.com/

In 1866, Montana—specifically the Yogo Gulch—was awash with disappointed prospectors, tossing out the blue pebbles they found in their sluice boxes as they panned for gold.

In the mid-19th century, the cry heard across the American West was “There’s gold in them thar hills!” In the great Treasure State of Montana, little did the prospectors know that they should have instead been proclaiming the presence of one of the highest quality (and most expensive) gemstones the world over, known today as the Montana Sapphire.

In 1866, the Little Belt Mountain Range of Montana—specifically the Yogo Gulch—was awash with disappointed prospectors, tossing out the blue pebbles they found in their sluice boxes as they panned for gold. And while those pebbles were not diamonds in the rough, they were sapphires—and of an extremely lucrative variety.

Other sapphires found throughout the state had been more of the industrial quality, and in hues that are less than desirable at the time: greens, pinks, or colorless.

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HISTORY: Timely look-back at local pioneer prospectors – by Karen Bachmann (Timmins Daily Press – January 12, 2018)

http://www.timminspress.com/

TIMMINS – Jan. 8th marked the last day for “physically” staking a mining claim in Ontario. As part of the modernization of the mining act, Ontario will move to an on-line mining claim registration process.

Sure, we can’t stop progress; sure, we can’t live in the past; sure, we can’t blah, bah, blah. At the risk of sounding like some romanticized Luddite, the adventure that was prospecting and its impact on the development of Northern Ontario is now just another bit of history.

But that glamourized bit of our history is what seems to interest people; after all, tourists visit Dawson City, Cobalt and Timmins with the hope that they will somehow be able to relive those thrill-seeking times. And what exciting times they were…

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Yukon Placer Mining – It’s In Our History

  https://www.kpma.ca/ Proud to present the 1st video in the Klondike Placer Miners’ Association’s “It’s In Our Veins” campaign! Yukon Placer Mining has been a continuous industry from the days of the Klondike to the present day! Since the discovery of gold by Yukon First Nations people and gold-seeking stampeders, Yukon Placer Miners have been …

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Edward G. Thompson (Born 1936) – 2018 Canadian Mining Hall of Fame Inductee

Edward G. Thompson

The Canadian Mining Hall of Fame was conceived by the late Maurice R. Brown, former editor and publisher of The Northern Miner, as a way to recognize and honour the legendary mine finders and builders of a great Canadian industry. The Hall was established in 1988. For more information about the extraordinary individuals who have been inducted into the Hall of Fame, please go to their home website: http://mininghalloffame.ca/

For more than half a century, Edward Thompson has contributed to the progress and prestige of the Canadian mining industry as an explorer, mine developer, company builder, and dedicated supporter of industry causes and associations.

He contributed to the growth of Teck Resources and Lacana Mining (since absorbed by Barrick Gold) and served on the boards of 50 junior companies. In recent years he helped develop an iron ore mine in Quebec, and championed discoveries in Ontario’s “Ring of Fire.”

He also played a leadership role in the expansion of the Prospectors and Developers Association of Canada (PDAC) into a globally respected institution and was a founding member of the Canadian Mining Hall of Fame.

http://www.pendaproductions.com/ This video was produced by PENDA Productions, a full service production company specializing in Corporate Communications with a focus on Corporate Responsibility.

Thompson was born in Utterson, Ontario, and graduated from the University of Toronto with an Engineering Geology degree in 1959 and a Master’s degree in Economic Geology in 1960. He then joined the Keevil Mining Group, where he was involved in the early use of geophysical and geochemical surveys and of computers to evaluate mining projects.

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A. Terrance MacGibbon (Born 1946) – 2018 Canadian Mining Hall of Fame Inductee

A. Terrance MacGibbon

The Canadian Mining Hall of Fame was conceived by the late Maurice R. Brown, former editor and publisher of The Northern Miner, as a way to recognize and honour the legendary mine finders and builders of a great Canadian industry. The Hall was established in 1988. For more information about the extraordinary individuals who have been inducted into the Hall of Fame, please go to their home website: http://mininghalloffame.ca/

Few modern-era exploration geologists have made the transition to company builder and mine developer as successfully as Terry MacGibbon. He applied the expertise and experience gained over a 30-year career with nickel giant Inco to build four substantial mining companies: FNX Mining, Torex Gold Resources, TMAC Resources and INV Metals.

He acquired non-core assets from major producers for each of his companies — starting with past-producing properties in Ontario’s Sudbury Basin for FNX — and made a series of discoveries later developed into seven mines. Along the way, he earned a reputation as a financially astute entrepreneur, innovator, and allround positive role model for the Canadian mining industry.

Born in New Waterford, Nova Scotia, MacGibbon earned a BSc (Geology) from St. Francis Xavier University in 1968, before joining Inco’s exploration department. He was an early advocate of the Voisey’s Bay discovery in Labrador, later acquired by Inco, and supported other discoveries as he climbed the ranks culminating in him directing global exploration.

http://www.pendaproductions.com/ This video was produced by PENDA Productions, a full service production company specializing in Corporate Communications with a focus on Corporate Responsibility.

After leaving Inco in 1997, MacGibbon acquired five “non-core” pastproducing properties in the Sudbury Basin from his former employer for FNX, which went on to make eight discoveries and place five deposits into production. FNX was the best performer on the Toronto Stock Exchange from 2000 to 2010, when it merged with Quadra Mining to form Quadra FNX Mining. In 2012, Quadra FNX was sold to KGHM, a Polish copper mining giant, for $3.5 billion.

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Robert A. Gannicott (1947 – 2016) – 2018 Canadian Mining Hall of Fame Inductee

Robert A. Gannicott

The Canadian Mining Hall of Fame was conceived by the late Maurice R. Brown, former editor and publisher of The Northern Miner, as a way to recognize and honour the legendary mine finders and builders of a great Canadian industry. The Hall was established in 1988. For more information about the extraordinary individuals who have been inducted into the Hall of Fame, please go to their home website: http://mininghalloffame.ca/

Robert (Bob) Gannicott was a pioneer of Arctic mineral exploration and a visionary entrepreneur who helped unlock the downstream value of Canada’s fledgling diamond industry. He played a pivotal role in the discovery and development of the Diavik mine in the Northwest Territories (NWT) for Aber Diamond Corporation in the 1990s, and led Aber’s later acquisition of luxury jeweller Harry Winston to help promote the exceptional quality of Canadian gem diamonds.

With Gannicott as Chairman and CEO, Aber evolved into Harry Winston Diamond Corporation in 2007, and became Dominion Diamond Corporation in 2013. In a bold move in 2013, Gannicott sold the retail division of Harry Winston to acquire an 80% interest in the Ekati mine, which combined with 40% of Diavik transformed Dominion into Canada’s largest independent diamond producer.

http://www.pendaproductions.com/ This video was produced by PENDA Productions, a full service production company specializing in Corporate Communications with a focus on Corporate Responsibility.

It was the first time a Canadian company owned a majority share of a Canadian diamond mine, along with value-added sorting and marketing operations in Canada, Belgium and India. Born and raised in England, Gannicott immigrated to Canada in 1967, and found his first job at a gold mine in Yellowknife. His career compass continued to point north after he graduated with a bachelor’s degree in geology from the University of Ottawa in 1975.

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Ross J. Beaty (Born 1951) – 2018 Canadian Mining Hall of Fame Inductee

Ross J. Beaty

The Canadian Mining Hall of Fame was conceived by the late Maurice R. Brown, former editor and publisher of The Northern Miner, as a way to recognize and honour the legendary mine finders and builders of a great Canadian industry. The Hall was established in 1988. For more information about the extraordinary individuals who have been inducted into the Hall of Fame, please go to their home website: http://mininghalloffame.ca/

The career achievements of Ross Beaty are as multi-dimensional as the man and the companies he founded and led over almost four decades. He is first and foremost a geologist with a passion for exploration and a discerning eye for projects with economic potential.

He is one of Canada’s most successful mining entrepreneurs, with 13 of his companies creating an estimated $6 billion of shareholder value since 1994. He built his flagship, Pan American Silver, into one of the world’s largest silver producers with seven mines in Latin America.

Beaty is also one of the most influential people in the global mining industry for his pragmatic support of  environmental causes, ability to build bridges with civil society, and remarkable legacy of philanthropy.

http://www.pendaproductions.com/ This video was produced by PENDA Productions, a full service production company specializing in Corporate Communications with a focus on Corporate Responsibility.

Born in Vancouver, Beaty earned a bachelor’s degree in geology at the University of British Columbia (UBC) in 1974 and a degree in Mineral Exploration from the Royal School of Mines at the University of London in 1975. He returned to UBC and earned a law degree in 1979.

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Mining Profits Are Super-Charged and BlackRock Wants to Get Paid – by Thomas Wilson, Anna Edwards and Manus Cranny (Bloomberg News – January 11, 2018)

https://www.bloomberg.com/

The world’s mining sector is firing on all cylinders again, and one of it’s biggest investors can’t wait to get paid.

After five years of under-performance, a combination of synchronous global growth and under-investment in new supply has driven up commodity prices, increasing cash flow and profit margins for the world’s biggest mining companies, according to BlackRock Inc.’s Evy Hambro.

“When those things converge you get a pretty explosive price response, and that’s what we’ve seen,” Hambro, who manages BlackRock’s $6.4 billion World Mining Fund, said in a Bloomberg TV interview on Thursday.

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Record year for Alamos Gold: Gold miner spending $15 million to boost the ounces at Island Gold – by Staff (Northern Ontario Business – January 12, 2018)

https://www.northernontariobusiness.com/

lamos Gold hit new highs for gold production in 2017. The Toronto gold miner released its 2017 and fourth-quarter production numbers and provided an outlook on the year ahead.

The company’s mines in Canada and Mexico produced a record 429,400 ounces of gold in 2017, up 10 per cent from the previous year. Included in the mix was one month of production from Island Gold, the Wawa-area mine that Alamos acquired last fall from Richmont Mines for $933 million.

It was also a record fourth quarter with 120,000 ounces posted, including 56,500 ounces from the Young-Davidson Mine near Matachewan and 9,000 ounces from Island Gold. Quarterly sales amounted to $162 million.

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Indonesia lays groundwork for transfer of Grasberg mine to local control – by Staff (Reuters U.K. – January 12, 2018)

https://uk.reuters.com/

JAKARTA, Jan 12 (Reuters) – Indonesian regional and central government officials on Friday signed an agreement with state holding company PT Inalum that lays the foundation for the transfer of Freeport-McMoRan Inc’s giant Grasberg copper mine to local control.

Indonesia and Papua have long pushed for greater control over Grasberg and the new ownership structure may ease tensions over spoils from the world’s second-biggest copper mine, which has been a focal point for local separatists.

Indonesia and Freeport agreed in principle in August to set up the U.S. company’s rights to Grasberg under a new mine license system from an existing contract of work, and the American miner said it would divest up to 51 percent of its local unit to “Indonesia interests”.

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