Mining

As it enters a national business plan competition, a group of business students at the University of Waterloo is looking north for inspiration, collaborating with a Sudbury mining supply and services company poised to enter the Asian market.

There’s such little awareness amongst German companies of the underground mining capabilities in Canada that one German company recently declared, “There’s no underground mining in Canada.

Before Nick Joyce arrived in Sudbury last month, the city’s famed mineral exploration history was just something he had learned about in the classroom. But a visit to the city brought the story to life.

The Ontario Mining Association’s board of directors has appointed Kelly Strong as the new chairman of the Ontario Mining Association (OMA). Strong currently serves as vice-president of Vale’s Ontario and UK Operations.

The Canadian Environmental Assessment Agency has commenced a federal environmental assessment for the proposed Victor Diamond Mine Extension Project, 100 kilometres west of Attawapiskat First Nation.

Brigus Gold Corp. has resumed milling operations May 31. They were suspended May 12 due to higher than recommended water levels in the holding and water management facilities at the Black Fox mill.

Visit our media lounge in the Outdoor Pavilion, booth # 1. Free coffee, water and issues of NOB and Sudbury Mining Solutions Journal (SMSJ). Visit our media lounge in the Outdoor Pavilion, booth # 1.

Pele Mountain Resources and Goldcorp are reactivating their joint venture Festival project near Wawa.

Detour Gold announced May 21 that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, in buying 17,500,000 common shares of the company in order to raise $153 million. The offering closes June 11.

High water levels this spring have temporarily suspended mill operations at Brigus Gold in northeastern Ontario.