Ontario Mining News

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.

Vale to mothball century-old Ontario nickel mine

The Stobie mine in Sudbury began in 1890.

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.

Ring of Fire promotional video draws ire


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.

Female worker dies in Canadian gold mine

A female employee was fatally injured in an accident at an underground gold mine in Ontario over the weekend.

De Beers paid only $226 in royalties for its Ontario mine last year— report

The thrifty amount compares to the almost $3.9 billion the government of Ontario received from the salt sector in the same period.

Phoenix mine on target for production mid-year

Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.

Ontario slammed by Northern Prospectors Association

Dotted with lucrative gold mines like Red Lake, Hemlo, Musselwhite and Timmins, along with the nickel belt of Sudbury, Ontario with its storied mining history should be a prospector's dream.

Gold's glitter feeding a growing appetite among investors; Borden area discovery a key to Kapuskasing exploration strategy

One positive side effect of a struggling Canadian dollar is a relative jump in the price of gold.