Projects in the Pipeline conference showcases mining leaders in northeastern Ontario
The annual Project in the Pipeline conference in Timmins is one of the key events held during the Canadian Mining Expo.
The day-long session Thursday brought together mining executives, junior mining companies and investors to learn about all of their plans for the next five years.
Leaders from 10 mining companies and Ontario’s Minister of Mines George Pirie were on the agenda.
One company in particular, Agnico Eagle — Canada’s largest gold producer with its Detour Lake Mine — said it’s important to share information with the public about what it has in store for the future.
“We're growing our production in Ontario right now; we're looking at combined between Macassa (in Kirkland Lake) and Detour to be at around over a million ounces…probably 1.5, 1.6 million ounces,” said Leite.
“So a significant growth in the economic investment in the region, employment generation of revenues and tax here in northern Ontario, which has been very important to us,” said Andre Leite, vice-president, Ontario for Agnico Eagle.
Projects in the Pipeline also gave junior mining companies a chance to educate investors about what they are doing, such as STLLR Gold Inc.
“Nighthawk Gold and Moneta Gold have joined together,” said Glenn Dredhart, president of Canadian Trade-Ex, the company that organizes the Canadian Mining Expo.
“They're making a larger group with larger landmass and more gold production. This is just one example of what's taking place. A lot of juniors are joining forces. They're joining with producing mines, not with other juniors as well, but also with producing mines and, you know, without deep pockets, you just can't bring a mine to fruition.”
Ontario’s mining sector also can’t expand at the pace it wants without government support. Since taking office, Pirie said new policies and investments are growing the industry.
“This is the place that the investor should be investing for all the right reasons,” he said.
“We've got the talent, we've got the geological endowment, we've got the mineral management … we've got the service industries as well,” said Pirie.
“And we also have the revenue sharing agreements with the Indigenous people.”
Leite called Pirie a “champion” for understanding that northern Ontario must remain competitive with mines outside of Canada.
CTVNews.ca Top Stories
![](https://www.ctvnews.ca/polopoly_fs/1.7029443.1725744633!/httpImage/image.png_gen/derivatives/landscape_800/image.png)
Police release video of Toronto plaza shooting that killed university student
A university student from Brampton was killed when two shooters fired indiscriminately into a crowded plaza in Toronto last month in what police say was a 'cowardly act.'
'Hopeless and helpless': Regina mother seeks help to treat rare spinal disease
Mary Grace Rico is seeking help in getting treatment for a rare spinal condition.
The iPhone is getting a 'glow' up. What to expect from Apple's Monday event
Apple excited fans with its vision for its 'Apple Intelligence' artificial intelligence system earlier this year. Now, it's time for the company to prove it really works.
No more porta-potties at B.C. construction sites starting Oct. 1
What some B.C. construction workers describe as the worst aspect of their jobs will be coming to an end next month, the province announced.
Trump campaigns in Wisconsin just days ahead of debate with Harris
With just days to go before his first — and likely only — debate against U.S. Vice-President Kamala Harris, former U.S. president Donald Trump leaned into his familiar grievances about everything from his indictments to the border as he campaigned in one of the most deeply Republican swaths of battleground Wisconsin.
'Extremely vigorous' wildfire activity in central B.C. prompts crews to back off for safety
The wildfire fight in central B.C. intensified Friday, according to officials.
They were due to leave for their dream cruise in May. Three months on they’re still stuck at the departure port
It was the years-long cruise that was supposed to set sail, but saw its departure postponed… postponed… and postponed again.
Aryna Sabalenka beats Jessica Pegula to win the U.S. Open for her third Grand Slam title
Aryna Sabalenka got past Jessica Pegula 7-5, 7-5 in a rollicking U.S. Open women’s final Saturday to win her first championship at Flushing Meadows and third Grand Slam title of her career.