Mining

In an updated NI 43-101 resource estimate, Detour Gold has announced a mine life of 21.7 years for its Detour Lake Mine north of Cochrane. Current mineral reserves stand at 15.5 million ounces of gold (476 million tonnes grading 1.02 g/t gold).

Cliffs Natural Resources is denying a Thunder Bay online media report that it is permanently abandoning its Ring of Fire properties. “Not true,” said company spokeswoman Pat Persico in an email. “There’s been some confusion around the camp site.

A trio of mining engineering firms is teaming up with northern First Nations to form the First Nations Mining Corporation (FNMC).

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 .

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.

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 .

Constance Lake First Nation (CLFN) has signed a pair of agreements to allow for graphite exploration in its traditional territory.

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.

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.

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.