Mining

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.

Interested in buying a Ring of Fire bond? The Ontario Chamber of Commerce suggests that could be one way to expedite the lagging development of the series of high-grade chromite and base metals in the James Bay lowlands.

The Ontario Chamber of Commerce will be weighing on the Ring of Fire debate when it releases a report Feb. 20 on the untapped economic opportunities in the James Bay lowlands.

Vale will officially open its Totten Mine this Friday, Feb. 21. Located 15 kilometres west of Sudbury in the small community of Worthington, Totten is thefirst mine to be built by Vale in four decades .

Detour Gold has made appointments to the positions of chief executive officer and chief financial officer. Paul Martin has been named president and CEO, while James Mavor has been appointed to the position of CFO.

Deloitte LLP has been hired by the Ontario government to help build a path to the Ring of Fire mineral deposits.