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2014-07-18 at 14:20

Golden future

Thunder Bay Community Economic Development Corporation mining services director John Mason.
Jamie Smith, tbnewswatch.com
Thunder Bay Community Economic Development Corporation mining services director John Mason.
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By Jamie Smith, tbnewswatch.com

THUNDER BAY - The region is poised to become one of the largest gold producers in the country.

Already at more than 1 million ounces a year, five more mines are expected to go online by 2017. Thunder Bay Community Economic Development Corporation mining services project manager John Mason said the Ring of Fire and other mining projects will come in time but right now the yellow metal is leading the way.

"We're led by five other gold projects that are marching along to production," Mason said.

New Gold Inc. , Treasury Metals Inc. and Rubicon Minerals Corp. and Goldcorp Inc. In Red Lake are all in pre-construction or construction phases. Some have even bumped up projected timelines already.

Then there's Premier Gold's Hard Rock project in Greenstone with its head office in Thunder Bay.

"It's an exciting time to brag and really boast about that particular project," Mason said.

All in all there are nearly a dozen mining projects in the region, not all gold, that are projected to go ahead within the next decade. Many of them are already at the critical feasibility study that outlines the final projected economic returns and technical requirements.

"That's usually the point at which a company makes a decision to build a mine," mason said.

The North Superior Workforce Planning Board has compiled a dynamic chart outlining the various projected timelines for the region's mining projects.

"It's very credible according to what's happening in their operations at the current time,"
Executive director Madge Richardson said.

That will also help the region's workforce plan for skills training depending on what's needed.

Visit the board's website for more information. 

 

Tbnewswatch.com(13)

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Comments

We've improved our comment system.
TBDR says:
cue the "yeah buts"
7/18/2014 2:38:36 PM
progress now says:
I have said earlier that these projects will come online incrementally according to the dictates of the market etc. Lets not chase rainbows.

This city will succeed or fail according to its comparative/natural advantages.

This is real progress, so different from what is being offered up by city council.

Wonderful news.

7/18/2014 3:42:58 PM
nvjgu says:
Until gold tanks.
7/18/2014 8:42:46 PM
progress now says:
This is so true. And there again you have market forces at play.

7/19/2014 4:35:41 PM
Jack Frost says:
How many countless times have we all heard this sort of "pumped up" news before...

Hmmm...

LOL !!
7/19/2014 9:50:52 AM
jonthunder says:
Thunder Bay was very wise to acquire the expertise, character and services of Mr. Mason.
7/19/2014 1:33:56 PM
mrforreal says:
The Future is Golden here in this city and region. I have been around the world and not many places get much more nicer and peaceful to reside in. There are not many cities this size in Canada where a such a high quality of life on earth is possible for its citizens, the air is clean, people live with more than basic necessities and wants all in tact. Many parts of the world people are starving, dying, fighting, being shot down in airplanes, military conflicts everywhere - except maybe in Dubai and Monte Carlo. People!-- we have it good here, GTA is OK, major other cities in Canada are OK too. but its a air-polluted stress filled-rat race with real estate prices/cost of living that are at least 3 times the price in those places.
7/19/2014 2:28:31 PM
progress now says:
Canada has been blessed as a nation and those of us lucky enough to be born here understand this.

I too have travelled and lived around the world. We have much to teach and much to learn.

The air isn't clean and our water isn't safe by accident. People made it that way - and there is much work yet to be done.

7/19/2014 9:13:33 PM
Shane Caker says:
Amazing how some people will never be happy until we're richer than Dubai. Edit. Even that wouldn't be good enough for some of the posters here.
7/20/2014 12:31:00 AM
Eastender says:
Did you really need to make that comment?
7/20/2014 1:12:25 PM
nvjgu says:
So how does Premier gold and other's renting or leasing a small office here going to benefit the city.
7/20/2014 12:36:49 AM
nvjgu says:
Settle down people, there talking about the region what ever is meant by the region. Geraldton is a 3hr dr. Red Lake is, well Red lake. There's no mines here is there. As for shortage of workers, naw they will come from all over the place like now.
7/20/2014 12:55:28 AM
theangryone says:
Come on Premier Gold. Get it going and help put money into my children's RESPs! Lots of work going on and lots of good stories from employees.
7/20/2014 5:32:33 PM
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