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Mining the Northwest: Developer looks to fast track former Schreiber-area zinc mine into production by 2023
A mine developer looking to restart a shuttered high-grade zinc mine near the north shore of Lake Superior reports it’s in talks with “multiple global metal traders” for off-take agreements for the much-in-demand metal. Vancouver’s Metallum Resources calls its Superior Lake Zinc Project, near the town of Schreiber, one of the highest...
Construction progresses at Geraldton-area mine project
Construction of a new mine near Geraldton is well underway with ongoing drilling and blasting for the pit operation and to reroute a major provincial highway. Greenstone Gold Mines has been providing regular updates on the progress being made at the site, four kilometres south of the town and 275 kilometres northeast of...
June 15 will mark inaugural International Day of Women in Mining
International Women in Mining (IWiM), a U.K. body that advocates for more women to work in the mining sector, is launching the International Day of Women in Mining, to be celebrated on June 15. IWiM is encouraging stakeholders in the industry — practising professionals, academia, organizations and more — to mark...
Canada to ramp up oil and gas output to 300,000 barrels per day to help address energy crisis
Canada will ramp up its output of oil and natural gas, to the tune of 300,000 barrels per day, to help address the immediate energy crisis in Europe caused by Russia’s war in Ukraine, Canadian Natural Resources Minister Jonathan Wilkinson said Wednesday in an address to the Greater Vancouver Board...
New Member Announcement: North Bay Machining Centre (NBMC)
A Storied History in the North NBMC was established in 1997 by four partners to exclusively manufacture exploration consumables for JKS Boyles in North Bay. In 2001, JKS Boyles was purchased by Atlas Copco; summarily in 2002, on the advice of its major client, North Bay Machining Centre became ISO...
Glencore suspends production at Raglan mine in Nunavik after workers strike
Production at Glencore’s Raglan nickel mine at Nunavik, Quebec has been suspended as hundreds of unionized workers went on strike for the first time in 25 years on the night of May 27. Nearly 98% of the 630 workers from the United Steelworkers Union, Local 9449, voted in favour of...
North has the minerals BEVs need, challenge is meeting demand
As much as Ontario is ready to reap the rewards of the anticipated boom in battery electric vehicles (BEV) in the next 10 years and beyond, the move to go green is not as rosy as it might seem. That was revealed during the two-day BEV conference held at Science...
Gold price set for second straight monthly loss
Gold prices eased on Tuesday, heading towards a second straight monthly decline, as a rise in the dollar and US Treasury yields dented the metal’s appeal despite concerns over surging inflation. Spot gold dialed back 0.7% to $1,843.37 per ounce by 12:15 p.m. ET, recording a loss of 2.7% for...
Marathon awards key contracts for Valentine gold project in Newfoundland
Marathon Gold (TSX: MOZ) has awarded key contracts for its Valentine gold project in central Newfoundland. The company has signed a letter of intent with SNC-Lavalin for detailed engineering for the mill and major facilities. SNC will also supply related equipment and construction packages. Marathon has also appointed Progesys to...
Workers at Baffinland ask Canada to approve mine expansion
Unionized workers at Baffinland Iron Mines’ Mary River iron ore operation on the northern tip of Baffin Island, in Canada’s territory of Nunavut, are urging the federal government to approve the company’s request for a shipping limit expansion. After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) rejected...
Inflation bites Temiskaming refinery construction project
Inflation, labour costs and supply chain issues may bump up the construction price tag to finish the refurbishment and expansion of a Temiskaming cobalt refinery. But Toronto’s Electra Battery Materials doesn’t expect any delays in the schedule to have the facility running by year’s end. In a news release of its first...
Sudbury Chamber celebrates local businesses
The Greater Sudbury Chamber of Commerce celebrated 10 local entrepreneurs and businesses on May 26, during its annual Bell Business Excellence Awards gala. About 400 people gathered for the event, which has been held annually for more than two decades. “For 25 years, the Greater Sudbury Chamber of Commerce has honoured the...
Glencore antes up US$1.1 billion for bribery and market manipulation schemes
Glencore International AG and Glencore Ltd, a Swiss-headquartered international miner and commodities trader, pleaded guilty this week to charges of bribing foreign officials and engaging in an oil market manipulation scheme. As a result, Glencore has agreed to pay more than US$1.1 billion in criminal fines and forfeiture of all...
Investors not impressed by Aurelius’ maiden resource estimate at Aureus East gold project
Aurelius Minerals has released an initial mineral resource estimate on its Aureus East gold project in Nova Scotia, sending its equity to a new 12-month low at 19c apiece. The Toronto-based explorer outlined 985 million tonnes in the indicated category grading 5.14 grams per tonne gold for 162,700 oz. of...
Mining expo coming to Timmins June 8-9
The City of Timmins is gearing up to host the 2022 Canadian Mining Expo, which has become one of the largest gatherings of mining expertise in Northern Ontario. Taking place June 8-9 at the McIntyre Arena in Timmins, the expo features more than 400 exhibitors, conferences, demonstrations, networking events, and...
Sudbury’s economy to get ‘massive’ boost from electric vehicles
Greater Sudbury’s first ever municipal conference to explore the commercial viability of the battery electric vehicle (BEV) industry was told Wednesday that massive economic opportunities will exist in Sudbury and Northern Ontario because of it.Greater Sudbury’s first ever municipal conference to explore the commercialviability of the battery electric vehicle (BEV)...
Glencore says bribery days are over. Now it has to prove it
Glencore Plc has closed the “cash desks” in London and Switzerland that once dispensed money for bribes. Employees implicated in sweeping, cross-border corruption investigations are gone. New safeguards are in place, and boss Gary Nagle says it’s a “different company.” Now he will have to prove it. Glencore this week agreed...
Mining the Northwest: Mine builder aims for early 2023 construction start of Marathon palladium mine
Construction of an open-pit palladium and copper mine project near Marathon appears to be a year away from groundbreaking. Drew Anwyll, chief operating officer for Generation Mining, delivered a webcall update on May 20 as the Toronto company navigates its way through a federal and provincial environmental assessment (EA) on its...
Geraldton gold explorer inks agreement with area First Nations
A gold exploration company working ground near Geraldton has signed an exploration agreement with three area First Nations. Tombill Mines announced that they have entered into an agreement with Aroland First Nation, Animbiigoo Zaagi’igan Anishinaabek and Ginoogaming First Nation. The company is exploring a large claims package, just south of Geraldton,...
Canada’s minerals extraction in situation critical
In 2014, the Stephen Harper Conservative government rejected the New Prosperity mine project, said to be one of Canada’s largest undeveloped copper deposits. Now, the Justin Trudeau government is so anxious to secure a domestic supply of critical minerals and metals, including copper, that it earmarked C$3.8 billion ($2.9bn) in...
Sayona Mining delivers positive PFS for Quebec lithium project
Australian lithium producer Sayona Mining (ASX: SYA) has published a positive pre‐feasibility study (PFS) for its flagship North American Lithium (NAL) project in Québec, confirming the NAL operation’s technical and financial viability over a 27-year mine life. Sayona currently has a 75% interest in NAL, with US-based lithium explorer Piedmont Lithium (ASX:...
Ottawa’s Ring of Fire assessment process declared unconstitutional by Alberta court
The federal environmental and social assessment being applied in the Ring of Fire was declared unconstitutional by an Alberta court. And an Indigenous business organization in that province is “gratified” with the opinion. Alberta’s Court of Appeal handed down a non-binding decision on May 10 that the Impact Assessment Act (IAA) is...
Natural Resources Canada calls for proposals of pilot projects for processing critical minerals
Extracting rare earths, cobalt, nickel or lithium is one thing – processing, refining, smelting and recycling those critical metals and minerals is a whole other business, and Natural Resources Canada (NRCan) is putting up C$11 million ($8.6m) for new proposals. As part of its Critical Minerals Strategy, NRCan has put...
Electric vehicles surpass phones as top driver of cobalt demand
Electric vehicles (EVs) overtook smartphones and other high-tech devices for the first time last year as the main driver of cobalt demand, with the sector consuming 59,000 tonnes of the battery metal, or 34% of the total globally. The figure contrasts with the 160,000 tonnes of cobalt mined last year,...
McEwen anticipates fourth gold deposit near Matheson
McEwen Mining has high hopes of discovering more gold this year at its Fox Complex in the Black River-Matheson area. The Toronto mining company held a conference call late last week on its 2022 first-quarter production results and updated its exploration plans in the Timmins mining camp. The company has three...
