News

$3.8 billion approved for Koniambo Xstrata Nickel’s ambitious plans to move up in the ranks of the world’s nickel producers took two giant steps forward in October.

Ontario’s hot mineral exploration sector will be the main topic of discussion Dec. 11 and 12 at the Ontario Exploration and Geoscience Symposium.

Bestech, a Sudbury industrial automation and software development company, has sold its mine-wide energy management and asset control solution to Barrick Gold’s Goldstrike Underground Division in Elko, Nevada.

Chris Cormier, general manager of the former Porcupine Joint Venture mines in Timmins, said a recent buyout of the operation by Goldcorp Inc. will probably make his job a little easier.

Several Northern Ontario mining companies and mining supply and service sector businesses were honoured Oct. 18 at the 21st annual Northern Ontario Business Awards (NOBA) in Timmins.

Following is an interview with Ken Gallant, co-owner of Royal Tire in Timmins. A Goodyear dealer, Royal Tire also has branches in Sudbury, Kirkland Lake, New Liskeard, Sault Ste. Marie, Wawa and Marathon.

Everything old is new again at Walden Equipment. The company, located on Fielding Rd. near Lively, Ontario, is expanding a part of its operations that refurbishes old equipment, including scissor lifts and load-haul-dump machines discarded by mines.

Sudbury-based Fuller Industrial has plans for no less than world domination of the rubber-lining business. The company lines industrial pipes with rubber, which makes them resistant to abrasion and chemical corrosion.

Pundits who dismiss Xstrata plc "as a bunch of deal junkies" have it all wrong, said Ian Pierce, chief executive officer of the company's Toronto-based nickel group.

When Inco auctioned off five surplus properties in the Sudbury Basin in 2001 to little known Fort Knox Gold Resources, no one could have predicted that the upstart junior mining company with one employee and $300,000 in the bank would be producing 90