Mining

Sudbury Platinum Corp. (SPC) will acquire a 100 per cent interest in the Aer-Kidd property near Sudbury, and it’s raised $637,500 in financing. The company is acquiring the nickel, copper, PGM interest for $1.

Seven Generations Education Institute is seeking to create a home grown workforce to position Aboriginal people in northwestern Ontario to take advantage of coming opportunities in the mining sector.

Sudbury native Gary Halverson has been ousted as president and CEO of Cliffs Natural Resources . As expected, Lourence Goncalves was appointed Aug. 7 to the top job at the Ohio mining giant and was also named chairman of the board.

Pacific North West Capital Corp. (PFN) has hired British firm SFA Oxford Ltd. to assess the feasibility of its Sudbury-area River Valley platinum group metal (PGM) project in an effort to find a joint venture partner.

It’ll be up to Natural Resources Minister Bill Mauro to decide if Cliffs Natural Resources gets permission for an overland transportation route into the Ring of Fire.

A New York hedge fund proclaims it’s won a bitter proxy fight with Cliffs Natural Resources to achieve majority control of the Ohio iron ore and coal miner’s board of directors.

KWG Resources reports it’s been served notice that Noront Resources is appealing to the Mining and Lands Commissioner of Ontario to set aside the finding of the Provincial Mining Recorder that KWG was the first to stake two 16-unit claims in the Ring

Nickel prices could reach an average price of US$10.75 per pound by 2015 according to a Scotiabank commodity market specialist.

The Centre for Excellence in Mining Innovation (CEMI) has appointed a new director for its Rio Tinto Centre for Underground Mine Construction (RTC-UMC) in Sudbury. Dr. Matthew Pierce, a principal engineer with U.S.-based Itasca Consulting Group Inc.

Lalita Krishna has no intention of following the same contrived script that’s evident in the mining reality shows currently being embraced by network television.