Mining

A surface exploration drilling program has yielded a new discovery for Kirkland Lake Gold. The company reported Feb. 25 of a new high-grade zone near its Macassa Gold Mine in northeastern Ontario.

If all goes to plan, Noront Resources could begin work on its Eagle's Nest project in the Ring of Fire by 2017, said the Paul Parisotto, the company's chairman and director.

Temex Resources Corp. has filed NI 43-101 resource reports for its Juby gold and Whitney gold projects near Timmins . The Juby project, owned 100 per cent by Temex, is located near Shining Tree, south of Timmins, and covers 14,423 acres.

A group of Northern Ontario mining-related companies and organizations will be planting a big flag at one of the world’s largest mining shows next week.

Companies in Northern Ontario’s mining supply and service sector will be promoted in conjunction with the annual Prospectors and Developers Association of Canada (PDAC) conference in Toronto next week.

The province has been silent on the future of a proposed $1.8-billion refinery in Capreol, that would have been tied to Cliffs Natural Resources' involvement in the Ring of Fire. Cliffs stopped work on its $3.

It started as a hole in the ground, but after a $760-million investment, Vale's Totten Mine had its official opening Friday.

The Economic Development Corporation of Wawa is during a provincial award with Prodigy-Argonaut Gold for promoting youth entrepreneurship.

Rubicon Minerals has raised more than a $100 million to develop its Phoenix Gold Project in Red Lake. The company announced Feb. 19 that it had entered into a deal with a group of underwriters, including TD Securities Inc.

An Ontario Chamber of Commerce report asking for progress to be made on the Ring of Fire is being endorsed by its Northern counterparts.