Mining

Toronto’s Kerr Mines and Winnipeg’s San Gold have reached a merger deal to combine their gold properties in the Kirkland Lake area and in Manitoba.

Mining supply and service companies in the northwest want to take baby steps toward forming an industry cluster group.

Gary Halverson’s time as president and CEO of Cliffs Natural Resources was short but sweet; extremely sweet. The Sudbury native, who was recently ousted as Cliffs boss, will receive $11 million in termination pay by the Ohio iron and coal miner.

Vancouver’s New Gold has entered into a four-year, $300 million revolving credit facility with a syndicate of banks. The previous $150-million revolving credit facility was set to expire in December.

It’s an appeal of the appeal. KWG Resources reports it intends to appeal the decision of an Ontario Division Court regarding use of surface rights on its Ring of Fire mining claims.

Zenyatta Ventures has added industry veteran Ken Stowe to its board of directors. The well-respected mining engineering has more than 35 years of experience under his belt.

Ontario Regional Chief Stan Beardy issued “formal notice” to government and resource developers in late July that First Nations intend to assert their inherent and treaty rights on their traditional lands in Ontario.

Kirkland Lake Gold is reporting its strongest ever production results, attributing the positive return to its newly implemented strategy. During the first quarter, 93,880 tons were milled at a head grade of 0.45 ounces per ton (15.

Vancouver’s Pure Gold Mining has started a 9,000-metre exploration drilling campaign at its Madsen Gold Project in Red Lake. The company announced Aug.

Sudbury Platinum Corp. (SPC) will acquire a 100 per cent interest in the Aer-Kidd property near Sudbury, and it’s raised $637,500 in financing. The company is acquiring the nickel, copper, PGM interest for $1.