Mining

Last fiscal year was a productive one for Lake Shore Gold, whose Timmins-area work towards developing its Timmins Mine and other area projects came in on schedule and under budget. Project spending through 2008 totaled $56.

High gold prices has swayed diamond-uranium-base metal explorer Pele Mountain Resources to take a second look at its dormant gold project near the Hemlo camp in northwestern Ontario.

Despite a wobbling global economy, the mining sector stands to see a resurgence in 2009 through reduced inventories and strong global infrastructure spending, according to a report recently released by Ernst & Young.

Sudbury's Creighton Mine is seeing the benefits of a six-year research collaboration between Vale Inco and MIRARCO through the installation of a Virtual Reality Laboratory (VRL).

Ron Miller, Miller Technology Inc. One of North Bay's industrial aces in the hole has been its robust mining supply sector, and one of its deans is Ron Miller.

Vale Inco Ltd. is cutting 261 jobs from its Greater Sudbury workforce of 5,500 as part of a move to eliminate 900 full-time positions across its global nickel operations.

By Northern Ontario Business staff It is hard to say what kind of impact two mine closures and 686 job cuts at Xstrata Nickel will have on the mining service and supply industry in Sudbury, says the head of its association.

By Maggie Chicoine Peter Kathmann was born with entrepreneurial blood in his veins. But that’s not so unusual, since he also sports a business brain and the strength of an ox. At 57, he says he still has a lot to learn; he’s never done.

Tumbling world markets offered the perfect opportunity for Premier Gold to make its move in the Geraldton exploration camp.

Xstrata Nickel has chopped 686 jobs from its Sudbury workforce, blaming poor market conditions and shrinking demand for the move.