Business

Generation Mining Limited and Biigtigong Nishnaabeg have approved a Community Benefits Agreement in respect of the Marathon Palladium Copper Project. The Community Benefits Agreement (CBA) was ratified through a membership vote on November 12th. The CBA details how the Project’s impacts on the community will be mitigated, and the benefits that the community will receive. In the agreement Generation Mining ...

Angus Gold is pleased to announce an update on exploration activity at its wholly-owned Golden Sky Project in Wawa, Ontario. In 2022, we will successfully complete drilling campaigns totalling approximately 42 boreholes 9,500 A meter focused on multiple gold targets along the Dorset Deformation Zone and Banded Iron Formation. Based on the promising visual results, over the summer the company ...

Argonaut Gold Inc. has announced that the Company has closed its previously announced US$250 million Loan Facilities and drawn down the first tranche of US$80 million of the loan facilities which was used to repay the balance outstanding on the former revolving credit facility. The Loan Facilities consist of a term loan of US$200 million and a revolving credit facility of ...

Kingsview Minerals Ltd.  is pleased to announce an agreement with RT Minerals to acquire their Norwalk Project located between Kingsview’s Hubcap Project (east and west properties) and Red Pine Exploration’s Wawa Gold Project. Norwalk consists of 33 claims covering approximately 460 hectares. The Red Pine discovery of visible gold in the Jubilee Shear Zone south of the Parkhill Fault in ...

Generation Mining Limited announces that its wholly-owned subsidiary, Generation PGM Inc., which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Hycroft Mining Holding Corporation for the purchase of an unused, surplus SAG mill and ball mill currently stored in Nevada and Texas, USA for US$12,000,000, of which US$500,000 is due on signing, ...

Ontario has committed nearly $4 billion to bring high-speed internet access to every corner of the province by the end of 2025. The Ontario government is bringing high-speed internet access to up to 266,000 unserved and underserved homes and businesses, marking another milestone in its plan to help connect every corner of the province by the end of 2025. “Our ...

Generation Mining Limited has announcee that the Joint Review Panel established to conduct an environmental assessment of the Company’s Marathon Palladium Copper Project near Marathon, Ontario has delivered its report. The Reports sets out recommendations for the Company, and the federal and provincial governments, to mitigate or minimize any adverse effects of the Marathon Project. The completion of the Panel ...

Algoma Steel Group Inc. announced today, July 20th, 2022 that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (“USW”) Local 2724, the union representing its technical, professional and front-line supervisory employees. The current collective agreement expires July 31, 2022. Ratification votes are scheduled for July 21st through July 25th, 2022. The Company will ...

Generation Mining Limited announces that its wholly-owned subsidiary, Generation PGM Inc. (“Gen PGM”), which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Valard Equipment LP for the lease of a construction camp located in Marathon, Ontario until June 30, 2023 and an option, exercisable at Gen PGM’s discretion, to purchase the Camp ...

  Float planes were still grounded as ice persisted on the fly-in remote lakes, but the hand shakes were warm and genuine. Hornepayne Lumber, Columbia Forest Products and Pine Portage Lodge (a Resource-Based Tourism Operator) have signed a Resource Stewardship Agreement (RSA) for the forest surrounding Hornepayne, Ontario. This is indeed a milestone, as it is the first RSA to ...

Angus Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of the sale of 5,057,000 flow-through common shares of the Company at a price of CAD$1.15 per FT Share for total gross proceeds of CAD$5,815,550. In connection with the Offering, funds managed by Delbrook Capital Advisors Inc., acquired 4,387,000 common shares of ...

Argonaut Gold Inc. has entered into an agency agreement in connection with the marketed offering of 434,000,000 common shares of the Company, and Common Shares offered pursuant to the Offering being the “Offered Shares” at a price of C$0.45 per Offered Share (for gross proceeds of approximately C$195 million) with a syndicate of agents: BMO Capital Markets, Scotiabank and Cormark ...

Algoma Steel Group Inc. (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced results for its fiscal fourth quarter and full year ended March 31, 2022. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2022 to Fiscal 2021 Fourth Quarter Comparisons Consolidated revenue of $941.8 ...

Manitou Gold Inc. is pleased to provide details on several newly identified gold targets, as well as the discovery of a new nickel-bearing ultramafic complex on its Goudreau project in northern Ontario with the same host mineralization as Canada Nickel’s Crawford deposit. Recently completed diamond drilling continues to emphasize the gold discovery potential along the Baltimore deformation zone (the “BDZ”), ...

The management of Wawa OSB Inc. welcomed the residents of Wawa during a first citizen meeting. The objective of this information session was to establish a dialogue and answer questions from citizens and neighbouring communities. Wawa OSB Inc. is working to reopen the OSB manufacturing plant in the fall of 2023. The reopening of the plant represents an investment of ...