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Industry News
Mining
Mining
Up to 70 layoffs possible at McCreedy West Mine
Between 40 and 70 United Steelworkers could lose their jobs by Feb. 16 due to reduced production at KGHM International's McCreedy West Mine in Sudbury .
Jan 29, 2014 7:11 PM
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Northern Sun extends loan agreement
Jien International Investment Inc., Northern Sun’s largest shareholder, has agreed to consolidate Northern’s debt and will continue to support the company through 2014. On Jan.
Jan 29, 2014 3:58 PM
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Constantine embarking on drill program in Timmins
Constantine Metal Resources is planning a 1,000-metre winter drill program at its Golden Mile property in Timmins. The property is currently optioned to Teck Resources .
Jan 28, 2014 8:31 PM
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Constance Lake signs exploration agreements
Constance Lake First Nation (CLFN) has signed a pair of agreements to allow for graphite exploration in its traditional territory.
Jan 27, 2014 8:38 PM
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Kerr Mines to merge with Bear Gold
Kerr Mines Inc. and Bear Lake Gold Ltd. have announced plans to merge the two junior mining companies. Under the terms of the agreement, Kerr Mines will issue 1.4 units of the company for each common share of Bear Lake.
Jan 27, 2014 4:48 PM
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Ontario serves up miner with Statement of Defence
The Ontario government says it’s not liable for any damages incurred by a Sudbury -based junior miner after a dispute between the company and First Nation forced it to abandon exploration work in northwestern Ontario.
Jan 27, 2014 2:31 PM
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Transition Metals finds new drill targets
Transition Metals and its subsidiary, Sudbury Platinum Corp. (SPC), have found new highly conductive drill-ready targets at their Aer-Kidd nickel-copper-PGM project in Sudbury.
Jan 24, 2014 5:57 PM
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Gowest signs gold processing agreement
Gowest Gold signed a memorandum of understanding (MOU) with Swiss-based United Commodities AG (UC) in moving toward an agreement that will see future concentrate from Gowest’s Bradshaw gold deposit processed at UC’s facility in North Cobalt.
Jan 24, 2014 3:28 PM
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Stillwater re-evaluates Marathon PGM mine
The construction of an open-pit base metals mine near the shores of Lake Superior could be three years away at the earliest, said the Montana mining company that is developing it.
Jan 23, 2014 8:25 PM
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Brigus releases 2013 production highlights
Brigus Gold Corp. reported annual production of 98,710 ounces of gold from its Black Fox mine in Timmins, including fourth quarter production of 21,916 ounces of gold.
Jan 23, 2014 3:36 PM
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