Mining

As it faces a challenging commodities market, Vale has had a hiring freeze in place at its Sudbury operations since January, the company said.

Economic blasts are rumbling the ground on which the mining industry stands these days.

A northwestern Ontario mine project developer has struck a tentative financing deal with a venture capital firm to advance its proposed iron-ore mine and mill. Rockex Mining announced Feb.

BBE Consulting, an international mine ventilation and cooling company is coming to Canada and is setting up shop in Sudbury.

Vancouver-based Tahoe Resources is acquiring Lake Shore Gold . Tahoe announced it would acquire all shares of Lake Shore Gold in an agreement to combine the companies. Under the agreement, Lake Shore shareholders will receive 0.

Lake Shore Gold’s exploration program has discovered gold mineralization on some newly acquired property near Timmins. The Timmins miner announced Feb.

Vale has appointed Stuart Harshaw as its new vice-president of Ontario operations. Harshaw, who has worked for the company since 1990, took over the positon on Jan. 11.

The Prospectors and Developers Association of Canada (PDAC) is lobbying Ottawa to strengthen an exploration tax credit program and commit infrastructure dollars to support remote development projects. PDAC released its list of priorities, Feb.

Kirkland Lake Gold announced it has poured one million ounces at its Macassa Mine Complex since operations began at the northeastern Ontario mine in 2003.

Ontario’s updated Mineral Development Strategy offered a few “glimmers of hope” by addressing abandoned mine rehabilitation, but is short on details, contends Mining Watch Canada.