Ontario Mining News

Business leaders call for an Ontario natural resources strategy

Resource industries are the backbone of Ontario's economy, representing an important source of greater living standards and well-being for all.

Ontario launches $90 million solar rebate program to help save energy, money and the environment

This program will provide qualifying businesses $0.75 per watt for solar panel installations up to 500 kW (AC).

Ontario partners with First Nations to share forestry and mining revenues

Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry – the first of their kind in the province.

Saskatchewan miner launches aggressive exploration program in Ontario

GFG says this is the first ever systematic, district-scale exploration program in an under-explored portion of the Abitibi greenstone belt.

Landmark funding announced for Canada’s largest First Nations led infrastructure project

The project will connect remote First Nations in Northwestern Ontario to Ontario’s power grid and provide for savings associated with avoided diesel costs.

Ontario wants high-tech mines up north

According to the Minister of Northern Development and Mines, the Province wants to help improve mine productivity in the region, increase operating efficiencies, and contribute to the global expansion of northern businesses.

Saskatchewan company expands in Ontario

GFG Resources now controls a total of 700 square kilometres of gold assets in Ontario and Wyoming.

Argo Gold sells its Ontario-based South Wawa Gold project to RT Minerals

The Canadian explorer will receive 350,000 common shares of RT Minerals in return.

Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.

Yamana Gold shares jump 5% on asset sale

Agnico-Eagle, the Toronto-based company's partner in giant Canadian Malartic mine, buys the JV's exploration assets for $162m.

Glencore, Canadian teachers launch mining royalty firm

BaseCore Metals will be independently operated and have its own board of directors.

Glencore, Canadian teachers close to launch mining royalty firm

The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty vehicle.

McEwen Mining completes purchase of Black Fox complex

The transaction closed today and included the Black Fox underground gold mine, stock mill, workforce, and nearby Grey Fox and Froome development projects.

Pure Gold inches closer to production at Madsen mine

The current resource base is 1.6 million ounces of gold in the indicated category and 178,000 ounces inferred.

Goldcorp closing 107-year-old Dome mine

It's the end of an era for one of Canada's oldest and most prolific gold mines.

Goldcorp makes headway with plan to give Dome mine a new life

The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.

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.

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.