Marathon Economic Development Corporation is receiving $100,000 from FedNor for two mining-related development initiatives.
Half of that money is going toward hiring a consultant to develop an action plan to develop a cluster to service the area's existing and growing mining sector.
The rest is earmarked toward determining if it's feasible to establish an applied mining and industrial training centre in partnership with Confederation College and Barrick Gold's Hemlo operations.
“With the David Bell Mine slated for closure in 2014, we must be proactive in developing strategies that will ensure the community's long-term economic sustainability,” said Daryl Skworchinski, economic development general manager.
Tony Clement, the minister responsible for FedNor, said the investments will help Marathon “maximize its opportunities” to capitalize on a robust mining sector.
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