Mining makes its debut in Canadian election

Andrew Topf | September 6, 2015
harper tax credit 600x400

Prime Minister Stephen Harper said if re-elected, the Conservatives will extend the mineral exploration tax credit and add another, higher tax credit for projects in remote areas.

Cliffs US sales beat estimates, turns a profit in Q1

Cecilia Jamasmie | April 29, 2015
Cliffs US sales beat estimates, turns a profit in Q1

But the miner revised down its 2015 U.S. iron ore sales and production volume estimate to 20.5 million tons, from its previous guidance for 22 million tons

Cliffs sells Ontario’s Ring of Fire claims to Noront for $20 million

Cecilia Jamasmie | March 23, 2015
Cliffs sells Ontario’s Ring of Fire claims to Noront for $20M

The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.

Canada’s Ontario to invest up to $1bn in Ring of Fire

Cecilia Jamasmie | April 28, 2014
Canada’s Ontario to invest up to Cdn$1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Ontario hires Deloitte to push forward Ring of Fire development

Ana Komnenic | February 14, 2014
Ring of Fire

Despite the fact that a major stakeholder has iced the project.

Cliffs scoops up Barrick executive Halverson and names him CEO

Cecilia Jamasmie | October 25, 2013
Cliffs scoops up Barrick executive Halverson and names him CEO

Effective Nov. 18.

Cliffs appeals Ring of Fire road decision

Cecilia Jamasmie | October 9, 2013
Cliffs appeals Ring of Fire road decision

In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.

Ring of Fire ambitions on hold for Cliffs Natural Resources

Ana Komnenic | June 12, 2013
Chromite project on hold for Cliffs Natural Resources

Cliffs Natural Resources suspends its chromite project while it negotiates with government.

Canada's federal government urges collaboration in Ring of Fire Editor | May 6, 2013
Tony Clement

Along with copper and nickel resources, the Ontario region holds the single largest deposit of chromite on the continent.

Philippine miners duck taxes by selling gold on the black market

Michael Allan McCrae | August 20, 2012
miners 333

Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.

The challenge of developing Ontario's Ring of Fire mines

Vancouver Sun | May 25, 2012

A $3.3 billion plan to build North America's first major chromite mine deep in the Canadian wilderness promises to usher in an era of prosperity for the region's aboriginals and generate millions of tax dollars over its lifetime.

Discord over NW Ont. mine was avoidable, lawyer says

CBC Ottawa | May 16, 2012

An American company planning to invest $3.3 billion on a Northern Ontario mine and processing plant has waded into the latest front in a countrywide battle over environmental issues and aboriginal rights, a mining consultant says.

Noront triples chromite resource in Ring of Fire

Mining Weekly | March 21, 2012

Toronto-based Noront Resources said on Tuesday it increased the size of the measured and indicated chromite resources at the Blackbird project in northern Ontario 130% to 20.5-million tons.

MDM awarded EPC contract for Tharisa chromite/platinum expansion

International Mining | December 5, 2011

MDM Engineering Group has signed the contract for the Engineering, Procurement & Construction (EPC) of Tharisa Minerals’ chromite and platinum expansion project in South Africa, near Marikana.

U.S. mining giant looks to Asia to process Ring of Fire chromite

Toronto Star Online | December 1, 2011

Cliffs Natural Resources, an Ohio-based mining giant, is preparing to extract what is estimated to be one of the world’s largest chromite discoveries in an ecologically sensitive part of northern Ontario, about 500 kilometres northeast of Thunder Bay. Continue reading …

Montreal Gazette: Ontario mine workers walk off job Editor | June 20, 2011

The Montreal Gazette reports:

About two dozen non-unionized workers have walked off the job in a remote mining camp in northern Ontario — in an area known as the Ring of Fire — in protest of what they call unsafe conditions and unsatisfactory compensation.

The workers put out a statement late Sunday saying they had stopped working over the weekend.

KWG Resources announces metallurgical and drill results at Big Daddy Editor | June 11, 2011

KWG Resources Inc. has received the final report from Xstrata Process Support on its Big Daddy chromite metallurgical testing. Also, the company released drill results from the drilling done last winter program. The report confirms that the samples collected from …

Noront inks $17.4m deal with Baosteel in Ontario Ring of Fire

Andrew Topf | May 17, 2011
finance agreement mining

Noront Resources has completed a brokered placement worth $17.4 million, the Toronto-listed junior explorer announced yesterday. The deal will give Baosteel the right to increase its stake in Noront to 19.9%. It will also give Baosteel, a large steel producer owned by the Chinese government, a seat on Noront's board of directors.

Proceeds from the placement will be used for feasibility studies on Noront's Eagle's Nest nickle-copper-palladium property and the Blackbird chromite deposit in the Ring of Fire poly-metallic mining district in northern Ontario, Canada.

Big Daddy chromite project advancing to feasibility

Andrew Topf | April 13, 2011
kwg resources_chromite dep

A preliminary economic assessment (PEA) of the Big Daddy chromite deposit in northern Ontario is recommending that the project advance to the feasibility stage.

The PEA was commissioned by Montreal-based KWG Resources, which owns a 28% interest and a 1% net smelter royalty (NSR) in the deposit, located in the remote James Bay lowlands of northern Ontario. The company also has NSRs on the adjacent Black Thor and Black Label chromite deposits, and has the option to increase its interest in Big Daddy to 30%.

Philippines hoping for a Colombia-like repeat in its mining sector

Brian Truscott | January 30, 2011

There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.