Business

The Algoma Workforce Investment Corporation (AWIC), in collaboration with other regional community partners, is pleased to announce the launch of the Employer Insights Survey, formerly known as the EmployerOne Survey. This local survey provides employers throughout the District of Algoma with a valuable platform to voice their needs on various HR topics, including recruitment practices, retention strategies and challenges, workforce ...

Alamos Gold Inc. has released an updated three-year production and operating guidance incorporating the recently completed acquisition of the Magino mine, as well as increased 2024 production guidance for the Mulatos District. Capital guidance has also been updated to include the development of the Puerto Del Aire (“PDA”) project and a revised initial capital estimate for the Phase 3+ Expansion ...

Wesdome Gold Mines Ltd. today announces the appointment of Ronald ‘Jono’ Lawrence as Senior Vice President, Exploration and Resources effective January 1, 2025. Anthea Bath, President and CEO, commented: “We are thrilled to welcome Jono to Wesdome’s senior leadership team. With an exceptional track record in mineral exploration and resource expansion, combined with his extensive global technical expertise in both ...

Red Pine Exploration Inc.  is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as co-lead underwriter and sole bookrunner, on its own behalf and on behalf of Research Capital Corporation, as co-lead underwriter (together with Haywood, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement ...

Argonaut Gold Inc., a wholly owned subsidiary of Alamos Gold Inc., announced today that more than 90% of its outstanding 4.625% senior unsecured convertible debentures (each, a ‘Debenture’) were tendered to the offer to purchase the Debentures launched by the Company on July 24, 2024 (the ‘Debenture Offer’), in connection with the acquisition of all of the issued and outstanding ...

Red Pine Exploration Inc. announces an updated independent Mineral Resource Estimate, inclusive of an open pit and underground Mineral Resource, prepared by WSP Canada Inc. for the Company’s 100% owned Wawa Gold Project in Ontario. Highlights (Table 1 and Figures 1 to 2) The updated MRE has added significantly to the previous 2019 MRE, with an Indicated Mineral Resource of ...

There is growing interest not only in mining lithium in Northwestern Ontario, but also in processing it locally. Northern Policy Institute’s latest publication finds that Northwestern Ontario can provide the labour needed for a lithium-processing facility. Lithium processing facilities require workers that are trained in numerous professions: mechanics, millwrights, instrument technicians, supervisors, control and process operators, steamfitters and electricians. To ...

Red Pine Exploration Inc. reports the results of the expanded independent verification sampling and assaying of drill core performed by WSP Canada Inc. as part of the ongoing resource estimation for the Wawa Gold Project, Ontario. Michael Michaud, President and CEO of Red Pine commented: “I am pleased to see that the independent verification sampling completed by WSP is in ...

Alamos Gold Inc. is pleased to announce the completion of the previously announced acquisition of all the issued and outstanding common shares of Argonaut Gold Inc. not already held by Alamos. A Final Order was granted by the Ontario Superior Court of Justice on July 5, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented. Approval ...

O3 Mining Inc. is pleased to announce that it has closed a transaction to sell a 100% interest in its Matachewan and Wydee Properties, located within 10 kilometres distance to the Young-Davidson Mine of Alamos Gold Inc. (“Alamos Gold”) to Alamos Gold in exchange for cash consideration of C$3,500,000 and the retention by O3 Mining of a 1.0% net smelter ...

LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced that LP Chair and CEO Brad Southern has been named 2024 North American CEO of the Year by Fastmarkets. This marks the second time in five years that Southern has received this recognition, a rare achievement noted by Fastmarkets. Southern was selected by analysts who cover the ...

Argonaut Gold Inc. is pleased to announce that the shareholders of the Company have approved a special resolution authorizing a plan of arrangement under section 182 of the Business Corporations Act, previously announced on March 27, 2024, pursuant to which Alamos Gold Inc. will acquire all of the issued and outstanding common shares of Argonaut at the annual general and ...

Red Pine Exploration Inc. reports that it has completed the verification of all gold assay certificates received by the Company from 2014 to the present for the Wawa Gold Project. Paul Martin, Interim CEO and Chair of the Board of Red Pine commented: “We are pleased to have completed the reconciliation between our drill hole database and the one built ...

As of January 1, 2025, Northern Credit Union and Copperfin Credit Union will operate as one entity. Today, the credit unions are excited to announce the conclusion of the voting process regarding their proposed merger, expected to create a more diversified and robust entity capable of delivering enhanced value to members, employees, and communities. The voting concluded on June 16th, ...

  Mine rescue competitions concluded at the awards ceremony on Friday, after mine rescue volunteers across Ontario competed at the provincial championship in Thunder Bay. Out of eight teams, it was announced during the awards ceremony that Agnico Eagle’s Macassa Mine came out on top – the first provincial victory for the mine since 1986. Every year, mine rescue competitions ...