Mining

FedNor Minister Tony Clement picked the Federation of Northern Ontario Municipalites annual conference in Parry Sound to announce a $4.4 million federal investment over three years in the Ring of Fire Capacity Building Initiative.

Probe Mines has announced $15 million in bought deal financing.

Lake Shore Gold in Timmins is expecting 2013 to be a breakout year. “We are on track now to really transition from junior exploration company to a producer,” said president and CEO Tony Makuch at a presentation in April.

Wallbridge Mining Company has announced five more drill holes have been completed at the Broken Hammer copper and precious group elements project in Sudbury. Overall, the drilling discovered new mineralization. Highlights of the drilling include: 12.

It was a first for Canada and a first for Wabi Iron and Steel Corp. in New Liskeard. In March, the company delivered the first of three 50-tonne ore skips for Agrium ’s Vanscoy Mine in Saskatchewan.

A Sudbury -area zinc deposit that was once considered unprofitable is now getting a second look because of modern mining and metallurgical technologies.

Vale has launched a new sustainability website in Sudbury at www.valegreatersudburysustainability.com . The website includes comprehensive information and reports about Vale ’s environmental initiatives in the Greater Sudbury area.

Fourteen First Nation students from Webequie First Nation graduated from the Mining Essentials training program . Mining Essentials is a pre-employment training program.

The Ring of Fire received passionate lip service from the Ontario government in Premier Kathleen Wynne 's 2013 “prosperous and fair” budget.

The merger between mining companies Glencore and Xstrata is complete, creating the fourth largest mining company in the world.