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Mining

New Gold advances Rainy River project

Vancouver-based New Gold released its feasibility study for its Rainy River gold project near Fort Frances in northwestern Ontario. The company is projecting 325,000 ounces of annual gold production during the first nine years of operation.

Northern College to deliver welding training in Nunavut

Northern College ’s Apprenticeship, Community and Corporate Training (ACCT) division has partnered with the Hamlet of Arviat, Nunavut, to develop and deliver a welding trade readiness program in Arviat.
Gold junior wants government settlement after First Nation conflict

Gold junior wants government settlement after First Nation conflict

A Sudbury -based junior mining company isn't ruling out a settlement agreement with the province to relinquish its claims on its dormant gold properties in northwestern Ontario after a dispute with a First Nation community.

Canadian Mining Hall of Fame inducts four

One of the discoverers of the Elliot Lake uranium deposits was inducted into the Canadian Mining Hall of Fame, Jan. 17 in Toronto. Consulting geologist David S.

Gowest signs MOU with United Commodity

A memorandum of understanding (MOU) signed between Gowest Gold Ltd. and United Commodity (UC) could lead the way for concentrate from Gowest’s Bradshaw gold deposit refined at United Commodity's processing facility in Cobalt.

Osisko rejects Goldcorp takeover bid

Osisko has rejected the $2.6-billion hostile takeover bid made by Goldcorp on Jan. 13.

Temex to file resource estimate

Temex Resources Corp. , a junior gold miner exploring in the Timmins-Kirkland Lake camps, will file an NI 43-101 resource estimate for its Juby gold project. The company announced initial results for Juby’s Hydro Creek and Big Dome zones on Jan. 17.

First Nickel makes 2013 targets, predicts growth

First Nickel hit its 2013 production targets at its Lockerby Mine in Sudbury and is predicting growth for 2014. In 2013, the company achieved full production at its Lockerby Mine, shipping 242,000 tonnes of ore to Glencore .
North American Palladium in fundraising mode

North American Palladium in fundraising mode

North American Palladium announced a public offering of securities to bring in between $50 million and $75 million. The owners of the Lac des Iles Mine, near Thunder Bay, say it’s a two-tranche offering.

Goldcorp plans takeover of Osisko

Goldcorp is planning a $2.6-billion acquisition of Osisko Mining Corp. , which has gold properties in the Thunder Bay and Kirkland Lake areas. The company announced its intentions on Jan. 13.