The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.
Ontario Mining News
Pele Mountain sells uranium project to focus on lithium
A plan by Pele Mountain Resources (TSXV:GEM) to mine uranium in northern Ontario while at the same time processing rare earths has fizzled.
Most potash shipped through Thunder Bay in a decade
According to the Thunder Bay Port Authority, 134,000 tonnes of potash crossed its docks into ships en route to ports in Brazil and Europe.
New gold mine in Timmins by 2018: Gowest CEO
Timmins could see the start of another gold mine by 2018 according to the CEO of mine developer Gowest Limited (TSXV:GWA).
New PEA supports Richmont's plan to mine deeper at Island gold mine
Richmont Mines (TSX:RIC) wants to go deeper in search of gold at its Island gold mine in northeastern Ontario, and now has a business case to back that up.
Rio Tinto may take over Pistol Bay’s uranium assets sooner than expected
The world's second largest miner gave Pistol a $75K cash injection in an effort to own the Saskatchewan-based properties before the end of 2019.
Eastern Canada now the preferred mineral exploration investment destination
While wew mines continue to open in British Columbia, the perceptionis that the province is no longer a welcome place for mineral exploration.
Explorers frustrated with waiting times for permits in B.C., the Territories
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
Ontario diamond mine expansion shelved, casting uncertainty over Victor
Weeks after making the difficult decision to flood Snap Lake, De Beers could be sharpening the axe for more job cuts at a Canadian diamond operation.
Quebec gold miner surges after reserves update
Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.
Canadian junior Pistol Bay stock just went ballistic and here’s why
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
Canada's gold miners to embrace green energy to control costs
Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.
World's oldest water found in Ontario base metal mine
Scientists probing the deepest reaches of the Earth to find clues about the origins of life have found something unique: the world's oldest water.
Canada’s Goldcorp to make Borden an all-electric mine
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
Vancouver junior off to the races on Red Lake drilling
Latest high-grade intercepts for Pure Gold Mining at northwest Ontario property supports "geological re-interpretation".
Canada’s Ontario the slowest to issue exploration permits — report
Growing wait times for permits may hinder Canada's ability to take advantage of its considerable mineral potential, warn experts.
Goldcorp closes Timmins mine amid metals downturn
Goldcorp has announced it will permanently stop mining at its underground Dome mine, located near Timmins, Ont., as of this summer.
Strong production results from Lake Shore Gold, St. Andrew Goldfields
Two of Canada’s stronger mid-tier gold producers were out of the gate today with positive 2015 production reports.
Chinese-funded study considers rail link for Ring of Fire
The study ballparked at $10 million is expected to take less than a year, and could revive interest in the much-maligned chromite deposit.
Cree community looks on warily as De Beers scours North for diamonds
Diamond mines aren’t forever, and within four years the Victor Mine, De Beers’ first in Ontario, is expected to reach the end of its life.
KGHM to shut down McCreedy mine: Union
In the face of weak commodity prices, KGHM International will shut down the McCreedy West Mine next month, the union representing representing workers there told the Sudbury Star on Sunday.
Mining makes its debut in Canadian election
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.
Canada’s Supreme Court lets Ecuador villagers sue Chevron for $9.5bn
The decision could set a precedent for similar cases involving mining companies around the world.
