Mining

The province is throwing a lifeline to the struggling mineral exploration sector with the establishment of a $5-million junior exploration assistance fund to support grass roots projects.

The Ontario government has a “vision” and a “blueprint” to put the province’s sagging mining industry on a world stage. The province’s all-encompassing new Mineral Development Strategy, which was released Dec.

Industry veterans with Northern Ontario connections will be honoured at the 2016 Prospectors & Developers Association of Canada ’s (PDAC) convention in March.

A harsh critique of the effectiveness of Ontario’s mines and mineral program by provincial auditor general Bonnie Lysyk was greeted with enthusiasm by the minister of Northern Development and Mines.

The Sudbury Area Mining Supply and Services Association (SAMSSA) welcomed a new president, two new board members and inducted two local businessmen into their respected Hall of Fame at their December 4 annual general meeting.

An Ohio Court has dismissed Cliffs Natural Resources’ lawsuit against Essar Steel Algoma. The Cleveland-based iron and coal miner filed a US $90-million suit against the Sault Ste. Marie steelmaker last Jan.

Ontario’s Ministry of Northern Development and Mines has come under harsh, across-the-board, criticism by the provincial auditor general for its ineffectiveness and inaction in making any progress in the Ring of Fire and in promoting Ontario’s minera

The Ontario Chamber of Commerce wants the federal and provincial government to take “bold steps” to put the mining industry in a better position to succeed. In its Digger Deeper report released Dec.

Noront Resources announced Nov. 24 it was out to raise $2.4 million for work in the Ring of Fire in the James Bay region. The company plans to raise the money in a private placement of 4.8-million flow-through common shares at a price of $0.

No sense getting into the chromite business without having China on your radar, according to KWG Resources.