Timmins

The sod has been turned on a $1-million Timmins subdivision project by developer Lloyd Richards. A three-stage project at the end of Bonaventure Drive should result in new roads just south of Timmins Square Mall.

Placer Dome Inc. has bid almost $1.7 billion to acquire AurionGold Ltd. of Australia. If the bid goes through, it would mean the combined companies would have production of 3.

Ore mined in Northern Ontario should be processed in the region, says Timmins-James Bay MPP Gilles Bisson, who wants to meet with Northern Development and Mines Minister Jim Wilson to offer incentives for Globex Mining Enterprise Inc.

Expansion and exhibit upgrades at the Timmins Underground Gold Mine Tour and the Shania Twain Centre were nearing completion in early June. A vertical people mover, known as an Alimak, is the featured new amenity for visitors touring the mine site.

With financial backing from the Quebec government, a magnesium-talc project in Timmins may be closer to fruition. Globex Mining Enterprises Inc.

Holmer Gold Mines Ltd. commenced an extensive drilling program in Bristol Township near Timmins in late May.

A promising gold deposit near Timmins is likely three years away from development after a three-way $1.95-billion merger deal between Kinross, Echo Bay Mines and TVX Gold Inc. was announced June 10. An estimated 1.

Falconbridge officials were waiting on a decision in late June on the City of Timmins' appeal of the 2001 municipal tax assessment of the mining company's Kidd Creek operation.

A Quebec junior exploration company is encouraged by recent results from gold exploration efforts near Matheson. Tom Exploration Inc.

Falconbridge continues to ask the City of Timmins to drop an appeal of Kidd Creek's 2001 municipal tax assessment. The nickel producer says the appeal will cost the company an additional $2.