Mining News Clips
Northern mayors make collective pitch
The mayors of the five biggest cities in northern Ontario hope speaking with one voice will convince the province to act on some of the longstanding issues they say has held the region back for decades.
The leaders of the north’s five biggest cities made a collective pitch, calling on the province to focus on six areas they say are key to economic development. And while the priorities aren’t new – such as calls for more infrastructure funding and sharing of revenue from natural resources – Matichuk said the Ring of Fire added considerable weight to their arguments.
PM announces funds for geo-mapping
As Prime Minister Stephen Harper tours Canada’s, he announced Aug. 22 significant new support for geo-mapping the area to promote resource exploration and development. The Geo-Mapping for Energy and Minerals (GEM) program will receive $100 million over seven years from the federal government.
To underline the importance of this commitment, the Prospectors and Developers Association of Canada’s executive director Ross Gallinger said, “Researchers estimate that every dollar invested in basic geological mapping triggers five dollars in exploration spending by the private sector and that every dollar invested in pre-competitive geoscience leads to the discovery of in-ground resources worth between $100 and $150.”
Gold company issues shares to
Wahgoshig First Nation
Northern Gold reports that it has issued 200,000 common shares and 200,000 share purchase warrants to Wahgoshig First Nation.
The company said last week the shares and warrants were issued under a previously announced agreement that “will allow Wahgoshig to directly participate in any potential successes of Northern Gold.”
Earlier this month, the two parties announced that they had reached an exploration agreement concerning the company’s northeastern Ontario Golden Bear project, which is located in Wahgoshig traditional territory. The agreement outlines a framework for an ongoing relationship that would provide the First Nation with an opportunity to benefit through training, ongoing communications and business development.
Gold mine drills new holes at Eagle River
Toronto-based Wesdome Gold Mines says early results from its deep drilling program at the Eagle River gold mine 50 km west of Wawa point toward two new mineralized structures. The purpose of the drilling is to confirm the potential of the high grade 811 zone and depth.
Work was carried out from an exploration drift in the hanging wall on the 670 metre level in the western part of the mine. Two holes 75 metres apart have been completed and a third is underway.
B.C. mines to welcome foreign workers for first time
As many as 30 mine workers from China are expected to arrive at Tumbler Ridge within the next few weeks to work on HD Mining’s Murray River coal project.
The group will be the first foreign workers to arrive at Murray River since a Federal Court judge in May dismissed a case brought by two labour unions. The unions challenged federal government decisions that cleared the way for up to 201 foreign workers to be employed at the project.
But the workers are likely to be subject to considerable interest in Tumbler Ridge and farther afield after a court case that cast a spotlight on the increasing numbers of workers coming to Canada through the Temporary Foreign Worker Program.
Upcoming Mining Events
Coal Association of Canada Conference 2013
September 11-13, 2013
Vancouver, British Columbia
Each year, coal industry leaders from across Canada and around the world gather to share insights and information about Canada’s coal industry.
Manitoba Mining & Minerals Convention
November 20-22, 2013
Learn about mineral exploration and mining, best practices and partnerships among industry, communities, government and stakeholders. Visit a dynamic trade show, exciting mineral property investment opportunities, and geological poster display.
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