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KWG acquires Fancamp’s chromite claims in Ring of Fire
Fancamp Exploration (TSXV: FNC) has agreed to sell all its rights and interests in the Koper Lake-McFaulds mineral properties, comprising four mining claims located within Ontario’s Ring of Fire, to KWG Resources (CSE: KWG). The entire property package covers 1,024 ha immediately to the east of claims owned by Wyloo Metals containing the Eagles Nest...
Ten financial actors own half of the world’s oil, gas, coal emissions – study
Ten financial actors with the most influence on the fossil fuel economy own 49.5% of potential emissions from the world’s largest energy firms, a recent study has found. In a paper published in the journal Environmental Innovation and Societal Transitions, researchers from Canada, France and New Zealand take a deep look into the...
KWG acquires Fancamp’s chromite claims in Ring of Fire
Fancamp Exploration (TSXV: FNC) has agreed to sell all its rights and interests in the Koper Lake-McFaulds mineral properties, comprising four mining claims located within Ontario’s Ring of Fire, to KWG Resources (CSE: KWG). The entire property package covers 1,024 ha immediately to the east of claims owned by Wyloo...
Mark Selby has CO2-eating rocks in Timmins
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,...
Sudbury mining innovation centre plans world’s first underground exhibition
Nowhere else in the world can you go to see state-of-art mining technology being put to work in an underground mine so that buyers and investors can check out the goods and services up for sale. An event called Mining Transformed is currently being planned for Sudbury from Sept. 26-29 by NORCAT and...
Greater Sudbury Airport Hires New CEO
The Sudbury Airport Community Development Corporation (SACDC) Board of Directors announced today that Giovanna Verrilli has been appointed new CEO of the Greater Sudbury Airport. An experienced industry leader, Verrilli will replace Todd Tripp and assume responsibilities on August 15, 2022. After 6 years as CEO, Tripp is retiring. Originally...
Mining giants warn of tougher times as world demand wavers
Mining giant BHP Group has joined rival Rio Tinto Group in signaling more turbulence to come for commodities producers as costs balloon and demand for everything from iron ore to copper hits headwinds. The world’s biggest miner warned Tuesday of an “overall slowing of global growth” amid the war in...
New Member Announcement: reThink Green – Green Economy North joins MineConnect
Green Economy North is a membership-based sustainable business program of reThink Green and the Northern Ontario hub of Green Economy Canada. We offer affordable and tailored support to help businesses and organizations set and achieve sustainability targets. Services include carbon measurement & reporting, energy auditing, and action planning. We help...
Sioux Narrows nickel deposit has mining potential
A former Falconbridge nickel deposit near Kenora looks to have the legs and the economics to be put back into production. Tartisan Nickel released a preliminary economy assessment (PEA) of its Kenbridge Nickel Deposit last week. The PEA study projects a nine-year mine with production of 52.6 million pounds of nickel...
Science North & MineConnect have partnered to up-skill your prospective new team members!
This new micro-credential program will help prepare your prospective hires or current employees to better meet the demands of your workplace and keep pace with changes in technology. We appreciate and thank you for taking the time to provide your insight by responding to this 5-question survey. Click the below...
Barrick close to final deal with Pakistan on $7bn copper project
Barrick Gold said on Monday it’s close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the borders of Iran and Afghanistan. The project, which hosts one of the world’s largest undeveloped open pit copper-gold deposits, has been on hold since 2011...
CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan, stock surges
CanAlaska Uranium (TSXV: CVV) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint venture project with Cameco, the world’s largest public uranium company. CanAlaska currently owns about 70% of the JV and is the...
Dryden gold mine builder wants to add more ounces
Treasury Metals president-CEO Jeremy Wyeth feels the Goliath Gold Complex outside Dryden is being a tad undervalued and underappreciated by the market. At 0.38 cents a share in mid-July, Wyeth attributes the lagging stock price to Treasury’s 15-year “legacy” in the area, of hawking the vast gold potential in the ground...
MINING AND METALS CENTRAL ASIA AND KAZAKHSTAN INTERNATIONAL OIL AND GAS EXHIBITION (KIOGE) 2022
The Alberta Chapter of the Canada Eurasia Chamber of Commerce (CECC) – formerly CERBA – is pleased to announce that we are planning a Canadian Trade Mission to Almaty, Kazakhstan from September 19th through to September 30th. The mission will cover TWO MAJOR TRADE SHOWS being held up in Almaty consecutively in September 2022:...
Vancouver nickel explorer moving into the Sudbury Basin
Wallbridge Mining is shedding its “non-core” nickel assets in the Sudbury Basin, northwestern Ontario and in western Quebec to a new Vancouver exploration upstart. In a $53.6-million all-share deal, Archer Exploration is acquiring an extensive package of nickel, copper and platinum group metal properties in the two provinces, totalling 67,000 hectares. The two companies...
Red Lake mine could be on the selling block
The “turnaround plan” for a struggling Red Lake gold mine may include a sale of the company and its underground operation in northwestern Ontario. PureGold Mining has initiated a strategic review process that could involve a potential sale or merger of the company, a sale of all or part of its...
The top 50 biggest mining companies in the world
After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector. Extreme volatility on metal and mining markets intensified in the second quarter and after hitting record highs in March, copper, nickel, aluminium, zinc and...
Mining the Northwest: Red Lake ramps up for gold mine expansions
Gold prices were slumping in July to a six-month low at US$1,730, but mining and advanced exploration activity is intensifying in the Red Lake mining camp. Evolution Mining plans to spend between $120 million and $135 million this year on development and upgrades at its Red Lake mine complex. The Australian...
Argonaut Gold closes financing deal to finish Dubreuilville-area mine
Argonaut Gold has secured financing to finish construction of its Magino open-pit mine near Dubreuilville. The Toronto mining company announced July 5 that it has raised $195.3 million through a common share offering. Argonaut announced in December that the cost to complete the open-pit mine had jumped from $510 million to $800...
Sudbury fabrication shop owner launches side gig as international trades recruiter
When Robert Brouillette joined his family’s fabrication shop, City Welding, well over a decade ago, his dad, Georges, handed him a file on hiring foreign workers along with a simple request: “Get it done.” In the 34 years since Georges had started the Sudbury business, Canadian skilled workers had become scarcer. So he...
Feds pledge $2.6M to the Greater Sudbury Airport
Offering a boost to a beleaguered organization, the federal government has pledged $2.6 million to the Greater Sudbury Airport toward infrastructure needs. Capital spending has largely fallen by the wayside since the pandemic hit in early 2020, which saddled the airport with a significant drop in travellers alongside various continued expenses. The...
SNOLAB hires new executive director
SNOLAB has hired Dr. Jody Cooley as the new executive director for the underground research laboratory. Cooley will be taking over for Dr. Clarence Virtue, who served as interim executive director. A professor of physics at Southern Methodist University and deputy operations manager for the SuperCDMS Collaboration, Cooley will lead...
Dubreuilville-area mine becoming a gold producing ‘juggernaut’
The Island Gold Mine outside Dubreuilville is poised to become one of Canada’s most prolific and profitable mines for decades to come. Over the next four years, Alamos Gold‘s underground operation will get larger in scale, mine at a higher rate, deliver more ounces, and become one of the industry’s lowest...
Sayona, Piedmont approve North American Lithium project restart in Quebec
Sayona Quebec has formally approved the restart of spodumene concentrate production at the North American Lithium (NAL) project near La Corne, Quebec. Sayona Quebec is 75% owned by Australian Sayona Mining (ASX: SYA) and 25% by Piedmont Lithium, a private company. The upgrade and restart budget is approximately C$98 million....
Mining geoscience data mapped in British Columbia
Data for hundreds more mineral exploration and development reports in British Columbia can now be searched by location for the first time, thanks to a new Geoscience BC minerals project. National Instrument 43-101 (NI 43-101) technical reports contain comprehensive geoscience information on prospective mineral properties and are available from the...
