Mining

When Bernie Frohlick turned 65 this year, the calendar told him it was time to start receiving his pension, but he wasn’t quite ready to hang up his work boots.

AuRico Gold is reporting its seventh consecutive quarter of record production, representing a 10 per cent increase over the prior quarter and a 17 per cent over the first quarter of 2013.

Osisko Mining is bulking up to fend off a hostile takeover bid by Goldcorp by teaming with Yamana Gold and two Canadian pension funds in a complex $3.4-billion arrangement to keep control of its mine and exploration properties.

KWG Resources said it has completed tests in Sudbury on a refining method to process chromite ore from the Ring of Fire. The testing was done by XPS Consulting, a division of Glencore’s Sudbury mining operations.

Ontario has lagged behind other provinces – namely Quebec and British Columbia – when it comes to its dealings with First Nations, said Bob Rae.

Mine development in the Rainy River District has taken on a greater importance following the closure of the paper mill in Fort Frances.

Temex Resources has closed a non-brokered private placement, raising $2.77 million for its Timmins-area gold projects. Under the agreement, an aggregate of 25,223,818 flow-through units were sold at a price of $0.

Kirkland Lake Gold announced it is ending its strategic review process that began Jan.6.

The collective brain trust of the ministries of natural resources and northern development and mines includes three bureaucrats whose salaries top the $200,000 mark.

Winnipeg-based King's Bay Gold Corporation announced that their marketing pitch at the Prospectors and Developers Association of Canada trade show in March has led to signing “multiple confidentiality agreements” with parties interested in its Menary