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Mining

Firms partner with First Nations on mining corp

A trio of mining engineering firms is teaming up with northern First Nations to form the First Nations Mining Corporation (FNMC).
Up to 70 layoffs possible at McCreedy West Mine

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 .

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.

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 .

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.

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.
Ontario serves up miner with Statement of Defence

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.

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.
Gowest signs gold processing agreement

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.
Stillwater re-evaluates Marathon PGM mine

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.