Ontario’s jackleg drilling champion crowned
This year’s North American Mining Expo in Sudbury featured a new attraction — the inaugural Ontario Jackleg Drilling Competition.
Canada
Drilling prices ‘not sustainable’: Major Drilling
Prices for drilling services have reached levels that are too low to be viable in the long term, said Francis McGuire, president and CEO of Major Drilling Group International (TSX: MDI), in the company’s most recent financial statements…
Commentary: Ring of Fire Sale
For anybody wondering what’s going to happen to Cliffs Natural Resources’ (NYSE: CLF) chromite discovery in Ontario’s Ring of Fire region, all they have to do is read Casablanca Capital’s dissident letter to shareholders…
Zenyatta advances Albany graphite project toward PEA
With a preliminary economic assessment on its Albany graphite project in northern Ontario due in the fourth quarter, Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) is nailing down the details of how the operation would work, including the…
Turnaround picks up steam for Kirkland Lake Gold
Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) has come quite a way since its board set up a special committee in January to launch a strategic review of the company that included a potential sale.
At Phoenix in Red Lake, Rubicon says development risk is ‘behind us’
VANCOUVER — It’s been nearly three years since developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) started construction at its high-grade Phoenix gold mine in Ontario’s prolific Red Lake camp.
Ontario gov’t wants improved underground mine safety
VANCOUVER — Back in December Ontario’s Ministry of Labour commissioned a review of health, safety and prevention issues in underground mining in the province.
Broken Hammer funds Wallbridge’s exploration plans
It’s been a busy six months for Wallbridge Mining (TSX: WM; US-OTC: WLBMF).
Selwyn to sell ScoZinc for $17.5M
Selwyn Resources (TSXV: SWN; US-OTC: SWNLF) has agreed to sell its main asset — the ScoZinc mine, mill and related properties in Nova Scotia — for $17.5 million to a private company named Scotian Zinc Mines.
Dundee: Premier ‘living up to its name’
When it comes to development-stage assets, those offering a combination of higher-grade, simple mining and low-operating costs, and favourable jurisdictions are typically the ones that are acquired by larger producers, analysts at Dundee…
Detour gets a handle on head grades, struggles with mill rates
VANCOUVER — Miner Detour Gold (TSX: DGC; US-OTC: DRGDF) had a mixed second quarter, as it reported higher-than-anticipated head grades at its wholly owned Detour Lake operation in northeastern Ontario, but ongoing ramp-up…
Sudbury Platinum advances Aer-Kidd
Privately held Sudbury Platinum, in which project-generator Transition Metals (TSXV: XTM; US-OTC: TNTMF) holds a 57% stake and Royal Nickel (TSX: RNX; US-OTC: RNKLF) a 23% interest, has acquired 100% ownership of the Aer-Kidd project, 20…