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Mining

Essar Algoma gets pension relief

Essar Algoma gets pension relief

Essar Steel Algoma announced Dec. 16 that Queen’s Park has come through with pension relief for the Sault Ste. Marie steel producer.

Wallbridge inks Sudbury exploration deal with Lonmin

Wallbridge Mining has struck a new deal with Lonmin Plc to provide $6 million in funding for exploration in the Sudbury basin for three years.

Noront plays Santa in the Ring of Fire

When Noront Resources is playing Santa this week to Aboriginal children in the James Bay lowlands.

Argonaut publishes Wawa mine potential

Argonaut Gold has released a prefeasibility study for its proposed Magino open-pit mine and mill development near Wawa. The deposit is being projected to have a 13.2-year mine life with annual production of 127,000 ounces.

Prophecy Platinum changes name

Miner Prophecy Platinum has changed its name to Wellgreen Platinum , effective immediately.

Superior Copper to buy out JV partner

Superior CopperCorp. has announced it will buy the remaining 50 per cent interest in the Coppercorp project from its joint venture partner, First Mineral Exploration Ltd. The Coppercorp project is located 90 km north of Sault Ste.

Gold junior files resource estimate for Kirkland Lake property

Junior miner Orefinders Resources has filed an NI 43-101 resource estimate after identifying an inferred resource at its Mirado project in Kirkland Lake.

Primero to purchase Brigus Gold

Toronto-based mining firm Primero will purchase Brigus Gold , which has gold-mining operations in Timmins.

K-L Gold reports second quarter loss

Kirkland Lake Gold posted a net loss of $3.9 million in its second quarter, compared to a loss of $1.8 million recorded during the same period last year.

Wallbridge secures milling arrangement for Broken Hammer

Wallbridge Mining Company has signed a milling agreement with Northern Sun (formerly Liberty Mines). Through the agreement, which takes effect Feb.