Business

The Ontario government is building Ontario by attracting jobs and investment in every corner of the province, including historic and transformative investments such as Algoma Steel’s all-new low-emission Electric Arc Furnace (EAF). “Previously, Algoma Steel was buried in red tape, facing unpredictable skyrocketing hydro costs, and struggling to stay competitive, keep the lights on, and support current and retired workers,” ...

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 announced that its Board of Directors has authorized the Company to construct two new state- of-the-art electric-arc-furnaces (EAF) to replace its existing blast furnace and basic oxygen steelmaking operations. The transformation is expected ...

Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal second quarter ended September 30, 2021. Unless otherwise specified, all amounts are in Canadian dollars. Michael McQuade, the Company’s Chief Executive Officer, said, “Our financial results for the fiscal second quarter demonstrate continued solid execution by ...

The Superior East Community Futures Development Corporation is a non-profit regional organization covering the Superior East Region.  Over the years it has approved over $26 million in loans helping to create or maintain 2,919 jobs in the region.  Over the past year it has also provided over $1 million in RRRF loans to assist small businesses through the pandemic.  Special ...

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.  Au fil des ans, elle a accordé plus de 26 millions de dollars en prêts, ce qui a permis de créer ou de maintenir 2 919 emplois dans la région.  Au cours de la dernière année, ...

Red Pine Exploration Inc. (TSX-V: RPX) (“Red Pine” or the “Company”) is pleased to report a significant gold intersection from its 2021 drilling program in the Surluga South discovery area of its Wawa project in Ontario. The Surluga South discovery is now extending up to 500 metres down-dip from the boundary of the current mineral resource of the Surluga Deposit. ...

Harte Gold announced its results for the three months ended September 30, 2021. The Company’s unaudited financial results for three months ended September 30, 2021 (“Q3 2021”), together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.hartegold.com.  All currency references in this ...

Harte Gold Corp., announces a third amendment to its Forbearance Agreement with BNP Paribas (“BNPP”). The Forbearance Agreement, initially announced on July 30, 2021, and amended on September 30 and October 15, 2021, has been further amended pursuant to an Amending Agreement dated October 29, 2021, which extends the date to which BNPP has agreed, subject to certain terms and ...

Red Pine Exploration Inc. further to its press release dated August 20 th 2021 announces the completion of the sale of all of Red Pine’s Algoma-Talisman gold prospective property located in Newton Township, Ontario to Newton Gold Corp. for a total purchase price of CAD $1,050,000. Red Pine has now received the remaining CAD $500,000 of the cash portion of ...

Manitou Gold Inc. is pleased to announce high-grade assay results from two diamond drill holes at the recently discovered Bald Eagle gold zone at its 100% owned Goudreau project in northern Ontario. Highlights: All six drill holes at the BEGZ intersected significant gold mineralization, including the most recent two step-out holes drilled 100 m east-southeast of previously announced drill holes. ...

At its Council Meeting held Tuesday, October 19, 2021, Municipal Council approved the recommendation of a Third-Party Consultant’s Report to cease funding the Economic Development Corporation of Wawa (EDC). Financial support to the external Corporation will continue until April 30, 2022, when the Municipality of Wawa will assume full responsibilities for delivering economic development services directly. The new structure for ...

Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has entered into a joint venture with Triple M Metal LP, one of North America’s largest privately-owned ferrous and non-ferrous metal recycling companies, establishing a jointly owned company known as ATM Metals Inc. The new entity will source ...

Netmizaaggamig Nishnaabeg Chief and Council have entered into an agreement with Community Network Partners for the construction and operations of a next generation fixed wireless broadband network for the community being fed by a best in class fiber optic backbone. The construction and a community wide Community Outreach campaign will take place beginning November 2021 allowing residents to sign-up for ...

On October 19th, 2021 Algoma Steel Group Inc., parent company of Algoma Steel Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced the completion of their merger with Legato Merger Corp., a publicly-traded special purpose acquisition company, taking public a company that is working to build a new era in steel through its ...

Harte Gold announces the second amendment of its Forbearance Agreement with BNP Paribas (“BNPP”). The Forbearance Agreement, initially announced on July 30, 2021, and amended on September 30, 2021, has been further amended pursuant to an Amending Agreement dated October 15, 2021, which extends the date to which BNPP has agreed, subject to certain terms and conditions, to refrain from ...