Aboriginal groups are opposing an Enbridge proposal to reverse the flow of oil in its southwestern Ontario pipeline between Hamilton and Sarnia, a request that is being heard this week by the National Energy Board. The pipeline now runs westward, carrying Middle Eastern oil imported through Montreal. Enbridge wants to reverse the flow so it… [Read more…]
May 22, 2012
A forest fire that has created a state of emergency in the Kirkland Lake area has also disrupted the operations of two local mining operations. AuRico Gold, which is bringing its Young-Davidson mine into commercial production, and Kirkland Lake Gold both reported that they have suffered an interruption of power to their operations. AuRico said… [Read more…]
May 22, 2012
Noront Resources has delayed its Eagle’s Nest feasibility study to rethink a key element in the project – a proposed east-west transportation corridor – in light of a May 9 announcement that Cliffs Natural Resources is going to the next stage of its $3-billion Black Thor chromite proposal in Ontario’s Ring of Fire mineral zone.… [Read more…]
May 16, 2012
One of Canada’s leading providers of airborne geophysical surveys has just grown bigger. Aurora-based GEOTECH Ltd. announced this week that it has acquired Aeroquest International, to become “the world’s largest privately owned geophysical survey company, operating a fleet exceeding 20 aircraft and offering as many as 50 systems to deploy.” GEOTECH says it has become… [Read more…]
May 16, 2012
A proposed iron ore mine in northwestern Ontario has entered the federal environmental assessment process. The Canadian Environmental Assessment Agency is inviting public comment on the $900-million Josephine Cone Mine project and the conduct of its comprehensive study. Further information on the project and process is available at public libraries in Atikokan, Dryden, Fort Frances,… [Read more…]
May 13, 2012
Noront Resources says it has completed its private placement with Resource Capital Fund to raise about $10 million for activities in Ontario’s far northern Ring of Fire mineral zone. In addition, the company said, Baosteel Resources International will maintain its 9.9-per-cent level of interest in the company by acquiring an additional $1.33 million worth of… [Read more…]
May 24, 2012
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