Mining

Liberty Mines Inc. , a mid-tier producer of nickel in the Timmins area, reported revenue for 2012 was $8.99 million, up from $2.1 million for 2011. Net loss for 2012 was $64.4 million or $0.31 per basic and fully diluted share.

The closure plan for Wallbridge Mining ’s copper-PGM Broken Hammer project in Sudbury has been accepted and filed by the Ministry of Northern Development and Mines .

IAMGOLD ’s proposed Côté Gold Mine Project , near Gogama, is undergoing a review process to determine if a federal environmental assessment is required.

Vale is cutting 30 support and service jobs at its Sudbury operations, the company announced March 20.

Thunder Bay's Premier Gold Mines named Paul Blatter as its director of metallurgy. With more than 13 years experience in mine development and metallurgy, Blatter previously worked at Agnico Eagle Mines, and Matamec Explorations.

Evan Butler-Jones has been appointed CEO of the Materials Joining Innovation Centre (MaJIC) in Kirkland Lake, a leading innovation centre for the advancement of welding and material joining technology. He replaces outgoing CEO Don Dekker.

Penguin Automated Systems of Naughton, located outside Sudbury , has received a Mining Magazine Award for its design of a bulk-handling system for Coldelco’s Radomiro Tomic copper mine in Chile.

Zenyatta Ventures has started a drill program at its Albany Graphite Deposit in northeastern Ontario. In a press release, the company said it is focusing on defining the size and grade of the deposit.

Detour Gold reports that it has closed a $135 million senior secured credit facility with $90 million of revolving credit facility and a $45 million letter of credit.

FedNor Minister Tony Clement took his love for the Ring of Fire to a lunchtime meeting of business leaders at the Ontario Chamber of Commerce in Toronto, March 11.