Articles for tag: bureaucracy, business, London, move, Ontarios, pace, Pirie, SymposiumMining

December 24, 2024

Ron Finklestien

mining

“Ontario’s Pirie Advocates for Swift Mining Progress at London Symposium”

Ontario’s Mining Future: Easing Permits and Attracting Talent Ontario’s Minister of Mines, George Pirie, emphasized the importance of streamlining mining processes during his speech at The Northern Miner’s International Metals Symposium on Dec. 2. “Mining must move at the pace of business, not bureaucracy,” he stated, highlighting efforts to expedite permit approvals to foster quicker construction of gold and critical mineral mines. Equinox Gold’s Greenstone Mine: A Local Success Story After three years of construction, Equinox’s $1.2-billion Greenstone mine, located north of Lake Superior near Geraldton, produced its first gold in May. Ross Beaty, chair of Equinox, expressed confidence in

April 24, 2024

Ron Finklestien

mining

Integrated Power to acquire ABB industrial services business

IPS offers complete in-shop electric motor and generator repair, including ABB and General Electric models. Credit: Integrated Power Services Integrated Power Services (IPS) is acquiring the assets of ABB’s industrial services business. The acquisition brings to IPS five well-equipped electric motor, generator, mechanical, switchgear, and circuit breaker service centers in Edmonton, Alberta, Burlington, Ontario, Arizona, Indiana, and North Carolina. The ABB business offers high-quality repair and field service capabilities for electric motors up to 50,000 hp  (37,285 kW) and low and medium-voltage switchgear equipment from 480 V to 15 kV. Additionally, the service centers perform rotating equipment repair services for

April 20, 2024

Ron Finklestien

mining

The Bright Future of Codelco: Moody’s Optimistic About Entry into Lithium Market

Codelco’s Strategic Move Chief executive Ruben Alvarado of Codelco recently revealed advancements in negotiations with local communities regarding lithium mining, showcasing the company’s commitment to garnering community support. The mining giant has engaged in discussions with indigenous groups to finalize details of a new joint venture mandated by the state in the Atacama salt flat alongside SQM. In 2023, Chile contributed to approximately 24% of global lithium mine production. Moody’s Positive Projection With the electric vehicle (EV) industry continuing to show a strong interest in lithium, Moody’s anticipates sustained demand for the mineral despite recent price fluctuations. “Codelco is poised