Mining

Kirkland Lake Gold announced June 12 that it intends to raise $7 million through private placement flow-through financing. The company will issue 1,795,000 flow-through common shares at a price of $3.

The Canadian Environmental Assessment Agency is inviting public comment on IAMGOLD’s proposed Côté Gold Mine Project near Gogama in northeastern Ontario.

KGHM's Victoria Mine, near Sudbury, is expected to be operational by 2019, said Mark Frayne, the company’s manager of project controls. The mine will employ between 150 and 300 people.

It’s been 15 years since a small group of volunteers decided to take on the rehabilitation of Sudbury ’s Junction Creek. What started as a grassroots effort has resulted in a unique partnership with one of the world’s biggest mining companies.

The Canadian Association of Mining Equipment and Services for Export (CAMESE) has undertaken a study, funded by Ontario's Ministry of Northern Development and Mines, to determine the province's mining supply and service sector's contributions to Cana

Lexam VG Gold has filed an NI 43-101 resource report on SEDAR for its four Timmins-area gold properties. It includes a preliminary economic assessment (PEA) announced by the company in April.

Ring of Fire junior miner, KWG Resources, is launching a social media campaign to promote its proposed Ring of Fire Bill to Ontario election candidates and voters. The campaign was launched June 1 and will run until the June 12 election day.

Assay results from its 2014 exploration drilling program are encouraging, says Detour Gold .

Superior Copper Corp. is undertaking a 25,000-metre drill program at its property near Sault Ste. Marie. The drilling will start on June 15.

SGX Resources has completed an agreement giving it a 100 per cent interest in Timmins-area property. According to a news release, the agreement, between SGX and Shoreacres Exploration Ltd., dates from May, 2010.