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Around the North

New Brunswick flies the flag of mining friendliness

The Fraser Institute's annual rankings of the world's most attractive places for miners to dig in puts New Brunswick at the very top.

Ottawa rubberstamps Quadra FNX takeover

Investment Canada has given approval for KGHM, a Polish copper and silver miner, to acquire Quadra FNX. The Feb. 29 announcement by the Vancouver-based miner said the deal closes March 5.

Rainy River explorer releases updated gold numbers

An updated mineral estimate has been released on Rainy River Resources' ever-expanding gold project in northwestern Ontario. The Toronto miner said its namesake gold project contains a measured and indicated mineral resource of 5.

Trelawney ups the ounces

Trelawney Mining has updated the gold resource at its Cote Lake deposit in northeastern Ontario. Its Chester project, located between Sudbury and Timmins, contains an indicated resource of 35 million tonnes averaging 0.82 grams per tonne (g/t) for 0.

Premier Gold cashes in for $57 million

Thunder Bay's Premier Gold has raised $57.5 million in a bought deal public offering of common shares. In a Feb.

First Nation youth shadow business owners

Nine First Nation youth in the Nishnawbe Aski Nation (NAN) are gaining “invaluable experience” participating in a business mentoring program in Thunder Bay.

Shining Tree gold deposit gets bigger

Temex Resources has released an updated mineral estimate for its northeastern Ontario gold project that the company reports is 50 per cent larger than an earlier estimate. In a Feb.

Mine shaft repaired

St Andrew Goldfields has repaired the damage to its Holt Mine shaft and normal operations have resumed. On the afternoon of Feb. 19, a shaft incident occurred at the Holt Mine, located east of Matheson, while skipping waste to surface.

Sault company to develop First Nations mining gaming portal

Algoma Games for Health based out of Sault Ste. Marie will develop an online learning portal for First Nations students interested in mining.

Dragons' Den producers seek talent

Timmins area entrepreneurs will have a chance to audition for the hit CBC television program Dragons' Den on March 15. Producers will be at Northern College's Porcupine Campus from 11 a.m. to 6 p.m. to conduct open auditions.