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Soaring gold prices drive exploration in Timmins-Matheson mining camp
Junior miners are growing gold ounces on the path to mine production Gold prices hovering in the US$1,920-per-ounce range is providing fuel for the exploration activity occurring east of Timmins where new players have taken root and an existing miner is evaluating expansion opportunities. The untapped gold potential in the Matheson area attracted Mayfair...
Callinex announces additional Pine Bay exploration targets
Callinex Mines Inc. has announced additional 2022 exploration targets at the company’s 100% owned Pine Bay Project, located 16 km away from processing facilities in the Flin Flon Mining District of Manitoba. The company has identified a number of high priority targets from vectoring completed during the 2021 exploration campaign along the...
Webequie First Nation digs in against rebooting Ottawa’s Ring of Fire Regional Assessment
The closest community to the Ring of Fire mineral belt is pushing back against a campaign to reboot Ottawa’s Regional Assessment process. “Webequie First Nation does not think there is a need for an Indigenous-led Regional Assessment,” said the leadership of the Ojibway community, situated more than 100 kilometres west of...
MAG Silver acquires Gatling Exploration in all-share deal
MAG Silver Corp. (TSX: MAG) announced on Friday the signing of a definitive agreement to acquire Canadian junior miner Gatling Exploration Inc. (TSXV: GTR) in an all-share transaction. Gatling shareholders would receive approximately 0.017 of an MAG common share of for each Gatling share held, thus valuing Gatling at approximately C$0.40...
New Member Announcement: Sault Ste. Marie Airport Development Corporation
MineConnect is proud to announce that we have a NEW associate member… Sault Ste. Marie Airport Development Corporation! Situated on the original meeting grounds of the Batchewana and Anishinabek people in the heart of the Great Lakes, the Sault Ste. Marie Airport is located on 1,800 acres of land south-west...
Sanctioned Russian nickel could slow global EV adoption – report
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData. The result – such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer,” the analysts argue. According...
Argonaut Gold selects new president to tackle Dubreuilville mine project
Larry Radford brings 35 years of operations knowledge to Toronto mining company Toronto’s Argonaut Gold has selected Larry Radford is its new president and CEO of Argonaut Gold, effective March 21. He succeeds company founder Pete Dougherty who left the company just before last Christmas. It’ll be Radford’s job to get the Magino...
Ask the Expert: The Saskatchewan Potash Industry – Get your piece of the action!
MineConnect hosts their next Ask The Expert Webinar Session on March 24th! Saskatchewan is the number one producer of potash in the world, followed by Russia and Belarus. Potash prices are soaring to record levels and Canadian operations are running “flat out”. May opportunities exist in both underground operations and...
GM ramps up EV push with plans to make battery materials in Canada
General Motors Co and South Korea’s POSCO Chemical will build a $400 million facility to produce battery materials in Canada as the carmaker ramps up plans to produce mainly electric vehicles (EVs) in the future, the companies said on Monday. The plant will produce cathode active material (CAM) for vehicle batteries in...
Construction set to begin at Temiskaming cobalt, nickel refinery
Approval of closure plan greenlights Electra Battery Material to build solvent extraction plant this spring New construction to expand a Temiskaming cobalt and nickel refinery begins this spring. Electra Battery Materials announced March 7 that the pouring of concrete will begin with a few weeks for a solvent extraction plant at...
Purchase your BDT Supporters Special ticket before Friday
Purchase your BDT Supporters Special ticket before Friday! This is a special ticket only made available to previous BDT supporters for a limited time! Not only will you have access to the March 22 BDT kick off, BUT you’ll also gain access to the BDT Insider Platform for six months...
New gold finder to dig into the Dryden area
Sudbury’s Manitou Gold is selling its northwestern Ontario gold exploration properties in the Dryden area to Dryden Gold Corp., a privately-owned company. The option agreement involves the Kenwest and Gaffney properties, which are being sold for $7 million. Manitou receives four million shares of Dryden Gold and retains a 1 per cent...
Argonaut Gold searches for financing to finish Dubreuilville-area mine construction
Company continues to search for high-grade gold and a new CEO Dubreuilville mine builder Argonaut Gold has a lot on its plate with its Magino Project this year. The Toronto-based mining company is not only scrounging for capital financing while construction continues for its open-pit mine, but the search is on for high-grade and...
Covergalls and Women in Construction hit the runway
Sudbury work apparel company to appear at Houston construction week fashion show Covergalls Inc. is pleased to announce its participation in the 2022 Women in Construction Week Fashion Show in Houston next week on March 10th. The event is the year’s most anticipated fashion event for women in construction. Hosted...
New Member Announcement: Mining Industrial Photographer
We are excited to announce our NEWEST associate member… Mining Industrial Photographer James Hodgins. James has been creating custom photography for the mining industrial clients for over 26 years. Experience in the Mining & Industrial sectors has allowed him to develop a style that is respected by peers and clients. ...
New Member Announcement: Millson Design Solutions
Millson Design Solutions is our NEWEST associate member! Millson Design Solutions is a new design firm located in Timmins Ontario, specializing in 3D Scanning and detailed fabrication drawings. The firm is led by Ben Millson an industrial designer and Naval architect with over 15 years of experience in both...
IAMGOLD eyes the cost curve at Gogama mine building project
Côté Gold project expected to start commercial production in mid-2023 COVID-19, inflation and other cost pressures are starting to impact the budget for the gold mine IAMGOLD is building near Gogama. The open-pit Côté Gold Project is roughly at the halfway point of construction. Last week, the Toronto mine builder web-chatted with...
The Northern Ontario Roadshow rolls into Sudbury on March 31st
Join the MineConnect team as we share details on upcoming MineConnect activities and celebrate our most recent inductee into the MineConnect Hall of Fame! Be sure to join us (and bring a friend ) for this first time in a long-time opportunity to reconnect with industry colleagues and peers. Get...
Kinross suspends Russian operations
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify due to Russia’s invasion of Ukraine. The company says it will also suspend operations at its Kupol mine, focusing on...
Shakespeare mine could reopen soon in northern Ontario
A former Falconbridge mining property 70 kilometres west of Sudbury, could soon reopen 11 years after being placed in care and maintenance mode. The Shakespeare Project might have a new life five years after Magna Mining purchased Ursa Major Minerals in 2017. The company has entered into a non-binding memorandum of...
Gold price gains as investors weigh impact of Russia sanctions
Gold extended gains on Tuesday as investors continue to assess the risks to global growth that may stem from the sanctions against Russia in the wake of its invasion of Ukraine. Spot gold rose 1.0% to $1,927.76 per ounce by 11:30 a.m. ET, recovering from last week’s slight dip and reaching a...
MineConnect Ask the Expert Webinar Tomorrow – Advanced Mineral Projects In Northeastern Ontario
Join us this Thursday at noon! March’s Ask the Expert features Regional Resident Geologist – Timmins & Sault St. Marie Districts at Ontario Ministry of Energy, Northern Development and Mines, Zeinab Azadbakht. You may remember her MineConnect webinar last year on advanced mineral projects in Northeastern Ontario for 2021. She is back...
Nutrien sees long-lasting disruption to fertilizer market from Russia’s invasion
Canada’s Nutrien (TSX, NYSE: NTR), the world’s largest potash miner, sees supply shortages of fertilizer getting worse due to the ongoing and escalating Russian invasion of Ukraine, two of the world’s top producers of crops food. Interim chief executive Ken Seitz, who took the helm in January after the sudden resignation of...
Exyn Technologies Partners with Maestro Digital Mine to Expand ExynAI’s Multi-Sensing Capabilities
Exyn Technologies, a pioneer in multi-platform autonomy for complex, GPS-denied industrial environments, today announces a partnership with Maestro Digital Mine, a manufacturer specializing in Industrial Internet of Things (IIoT) devices to give mining teams up-to-the-minute information about worker safety underground by integrating critical gas sensors onto the ExynAero™ and ExynPak™....
Mining CEO Tony Makuch departs Kirkland Lake camp
Agnico Eagle Mines keen to build ‘value through the drill bit’ in outlying plans for northeastern gold camp Tony Makuch, the former president-CEO of Kirkland Lake Gold, is on the move. Agnico Eagle Mines, the new mining kingpins of the Kirkland Lake gold camp, introduced Ammar Al-Joundi as its new...
