Industry News

Matawa chiefs oppose Ring of Fire project saleThis week’s acquisition by Noront Resources of the chromite properties from Cliffs Natural Resources has raised a furor among the First Nation communities closet to the Ring of Fire. By: Northern Ontario Business staffThis week’s acquisition by Noront Resources of the chromite properties from Cliffs Natural Resources has raised a furor among the First Nation communities closest to the Ring of Fire.The chiefs of the Matawa First Nations accuse Noront of “driving its agenda, rather than working together.”In a Marc...
Noront, KWG in Ring of Fire talks Junior miners KWG Resources and Noront Resources announced they have been in talks to develop their properties in the Ring of Fire in partnership with First Nations in the remote region, after the latter announced Monday it had purchased 103 Ring of Fire claims from Cliffs Natural Resources for $20 million. By: Northern Ontario Business staffJunior miners KWG Resources and Noront Resources announced they have been in talks to develop their properties in the Ring of Fire in partnership with First Nations in the remote region, after the latter announced Monday it had purchased 103 Ring of Fire claims from Cliffs Natural Resources for $20...
Junior miner to purchase Cliffs Ring of Fire propertiesJunior miner Noront Resources has signed a $20-million deal with Cliffs Natural Resources to acquire 103 of the company's claims in the remote Ring of Fire mineral deposit. By: Northern Ontario Business staffJunior miner Noront Resources has signed a $20-million deal with Cliffs Natural Resources to acquire 103 of the company's claims in the remote Ring of Fire mineral deposit.The transaction includes a 100-per-cent interest in the Black Thor chromite deposit and the Black Label chromite deposit. It al...
Minister rejects Ring of Fire report By: Jonathan MigneaultCanada's Minister of Natural Resources said he rejects an Ontario Chamber of Commerce report that gave the federal government a failing grade in its involvement in the Ring of Fire development.“I don't accept it,” said Minister Greg Rickford during a visit to Sudbury. “The federal government has be...
Ontario falling behind in mining, say industry stakeholdersRob Merwin, an executive adviser with the Ministry of Northern Development and Mines, mediated a consultation session March 18 with mining sector stakeholders for the province's updated mineral development strategy. By: Jonathan MigneaultOntario is falling behind as a mining jurisdiction, agreed several industry players who participated in a consultation forum organized by the Ministry of Northern Development and Mines March 18.“There's no tacit recognition by this provincial government that it believes in mining,” said Gino Chitar...
A record month for K-L Gold By: Northern Ontario Business staffKirkland Lake Gold announced a record monthly production of 16,485 ounces of gold for February.The company said 32,862 tons milled at a head grade of 0.52 ounces per ton ("opt") or 17.8 grams per tonne ("g/t") and a recovery rate of 96.8 per cent.Company president-CEO George Ogilvie said it was an ...
Rentech converts pellets into provincial cash By: Northern Ontario Business staffWood pellet manufacturer Rentech received $4 million from the Northern Ontario Heritage Fund to help finish plant rebuilds in Wawa and Atikokan.Rentech’s plants use Crown fibre to feed the province’s Atikokan Generating Station with other plans to export product to Europe.A news release from Thunde...
After devastating roof collapse, Three H Furniture primes for expansionA March 2014 roof collapse caused $1.5 million in damages at Three H Furniture Systems. By: Ian RossOne afternoon last spring, the world of Roy Dittman and his 80 employees at Three H Furniture Systems came crashing down.A winter’s worth of snow caused a collapse of a section of roof at the 40,000-square-foot manufacturing plant in New Liskeard. Fortunately no one was inside the plant that Saturd...



Advertisement