Business

Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal fourth quarter 2022. Fiscal fourth quarter 2022 shipments are expected to be in a range of 540,000 to 550,000 tons, and Adjusted EBITDA is expected to be in ...

À une époque où l’innovation et la technologie entraînent des changements profonds dans l’économie mondiale, l’Ontario se positionne pour devenir un chef de file mondial dans l’approvisionnement en minéraux critiques, qui seront un vecteur de ces changements, en dévoilant sa toute première Stratégie relative aux minéraux critiques. « La Stratégie relative aux minéraux critiques est le plan d’action de notre ...

As innovation and technology drive dramatic changes to the world’s economy, Ontario is positioning itself to be a global leader in supplying the critical minerals that will fuel that change with the release of its first-ever Critical Minerals Strategy. “The Critical Minerals Strategy is our government’s blueprint to connect industries, resources and workers in our province’s north to the future ...

The Ontario government is providing more than $5.5 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to 23 projects throughout Northern Ontario. The funding will expand and improve tourist attractions in the region by improving facilities, purchasing new equipment and creating more recreational and scenic spaces for locals and tourists to enjoy. This investment will build a stronger Ontario ...

Red Pine Exploration Inc. is pleased to announce the publication of its inaugural 2021 Environmental, Social and Governance (“ESG”) Report. Related information regarding the Company’s governance, risk management, commitments and performance are outlined within this report. The report marks an important milestone for the Company as it seeks to establish itself as a sustainable growth player in the mineral exploration ...

Red Pine Exploration Inc. in 2021 and 2022, began “greenfield” exploration in the Darwin-Grace Mine area revealing a multidimensional network of mineralized shear zones that each have potential to host zones of gold mineralization. Three major structures can now be identified in the area as: the Grace Shear Zone, the Nyman Shear Zone, and a newly discovered, yet to be ...

In response to the devastating and ongoing conflict between Russia and Ukraine, Northern Credit Union is donating $5,000 to the Canada-Ukraine Foundation Humanitarian Appeal, a non-profit organization established to support humanitarian projects focused on Ukraine. Donations help to provide and distribute food packages, medicine, and shelter to Ukrainian refugees who are seeking safety from the developing Russian invasions.   Canada ...

Red Pine Exploration Inc. is pleased to provide an update on its 2022 Phase 1 drilling campaign which is progressing faster and with greater efficiency than planned. In the first two months of this year, the program has completed over 7,680 meters of drilling, or approximately 30% of the 25,000 meters planned from period January to July 2022. Drilling has ...

Manitou Gold Inc. is pleased to announce the completion of the first five drill holes at the Baltimore Deformation zone (the “BDZ”) grid within the Goudreau Project, northeastern Ontario. The objective of the winter drill program is to test several distinct targets located within a key geological/structural setting and supported by coincident geophysical and geochemical anomalies. This unique structural setting ...

Manitou Gold Inc. is pleased to announce that it has entered into a binding agreement to sell a 100% interest in its Dryden properties located in northwestern Ontario to Dryden Gold Corp. Dryden Gold is a private company, controlled by the founders and management of Ely Gold Royalties Inc., a public company that was sold in 2021 to Gold Royalty ...

Argonaut Gold Inc. is pleased to announce the appointment of Larry Radford as President, Chief Executive Officer and Director effective March 21, 2022. Mr. Radford brings over 35 years of technical and operations experience in the mining industry. Most recently, Mr. Radford served as the Chief Operating Officer of Gold Standard Ventures Corporation, where he was responsible for leading the ...

Angus Gold has completed the acquisition of a 100% interest in six (6) mineral claims (the “Acquisition Claims”) that are contiguous and adjacent to the Golden Sky Project located in Wawa, Ontario. The Company also announces that it has recently staked an additional 49 mineral claims (the “Staked Claims”). The Golden Sky project is the site of significant new gold ...

Appian Capital Advisory LLP, the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies, is pleased to announce that it has divested its 2.0% net smelter return royalty and its subordinated credit facility in Harte Gold to Silver Lake Resources, representing a positive outcome for Appian’s investors. Under the terms of the transaction, Silver ...

Generation Mining Limited and Metis Nation of Ontario are proud to announce the signing of a Consultation and Process Agreement for the Marathon Palladium Copper Project located in Northwestern Ontario. This agreement sets out the principles that will guide the MNO and Generation PGM Inc. (a wholly owned subsidiary of Gen Mining) in developing their relationship and confirms their intentions ...

La Société d’aide au développement des collectivités de Supérieur Est est un organisme régional sans but lucratif qui dessert la région de Supérieur Est qui comprend la région allant de la Première nation de Pic Mobert à Chapleau. La SADC Supérieur Est offre des services de prêts aux PME ainsi que des services-conseil aux entrepreneurs de la région. De plus, ...