Mining

Shifting from diamonds in 2007 to gold has proven a timely move for Northern Superior Resources, an ambitious Sudbury-based junior exploration firm with projects throughout Quebec and northwestern Ontario.

United Steelworkers national director Ken Neumann is “demanding” that the federal government ensure that temporary foreign workers not be permitted to work at Vale Inco during the strikes in Sudbury, Port Colborne and Voisey's Bay.

Lake Shore Gold Corp., whose advanced exploration-stage Timmins Mine is located 18 kilometres west of the city, has signed an agreement to merg with West Timmins Mining Inc. worth $319 million.

The ripple effects of the ongoing strike at Vale Inco's Sudbury operations have officially reached into Timmins, where a lack of available copper concentrate has resulted in a temporary shutdown at Xstrata Copper's Kidd Metallurgical Site.

Vale Inco will use its 1,200 non-unionized employees and some outsourced staff to resume partial production at the Sudbury operations, despite a strike by 3,100 members of United Steelworkers Local 6500.

Young Sudbury entrepreneur Brad Wright has tied a green lining around the cloud of layoffs at Vale Inco, transforming his focus from mining to renewable energy through 3e Solutions, his new company.

As the price of nickel slowly continues to edge upwards, so too are the fortunes of Liberty Mines Inc. Officials are once again working to bring the Timmins-area mines back into production.

If Vale Inco resumes any form of production while Steelworkers members are on strike, it would mean “war in Sudbury,” according to Wayne Fraser, director of District 6 for the United Steelworkers Union.

FNX Mining Company Inc.'s net earning for the second quarter were announced in a recent financial and operational report. The second quarter brought in $12.5 million on revenues of $61.9 million, compared to net earning of $11.3 million on $112.

With $32 million in hand, including $18 million raised in March alone, few people are as confident in the exploration potential of the Kirkland Lake area than Charles Page, president and CEO of Queenston Mining Inc.