Business

Argonaut Gold Inc. is pleased to announce that it has executed a fixed bid engineering, procurement, construction, and commissioning contract (the “EPC contract”) with Ausenco Engineering Canada Inc. (“Ausenco”), a leading engineering and construction management company, for the construction of the Magino processing facility and other parts of the Magino construction project.  The EPC contract totals approximately 40% of Magino’s ...

The Ontario government is supporting jobs at local restaurants, bars, breweries, wineries and distilleries during the COVID-19 pandemic by expanding opportunities in alcohol sales, including making the sale of alcohol with food takeout and delivery orders permanent. “Ontario’s vibrant hospitality sector and its workers have been hard hit by COVID-19 in every community across our province,” said Attorney General Doug ...

Le gouvernement de l’Ontario favorise le maintien d’emplois dans les restaurants, bars, brasseries, établissements vinicoles et distilleries locaux pendant la pandémie de COVID-19 en augmentant les possibilités de ventes d’alcool, notamment en rendant permanente la vente d’alcool avec des commandes de nourriture à emporter ou à livrer. « Le secteur dynamique de l’hôtellerie de l’Ontario et ses travailleurs ont été durement ...

Advanced manufacturing is a cornerstone of Canada’s economy, producing important goods for the domestic and international markets while supporting well-paying jobs for Canadians across the country. As technology transforms manufacturing, Canadian companies are innovating and modernizing their processes to stay on the cutting edge. This involves transforming operations, adopting advanced automated equipment, investing in research and maintaining a highly-skilled workforce. ...

The Sault Ste. Marie Innovation Centre (SSMIC) challenges you to be a part of a solution. With the launch of the “Up For The Challenge” section on their website, SSMIC has consolidated national and global challenges and competitions for you to tackle.   The website will eventually feature local challenges that are specific to the Algoma region. SSMIC is currently ...

There is a longstanding frustration in Northern Ontario that Queen’s Park does not ‘think North’ when developing policies and programs. As such, Northern Policy Institute’s latest commentary Does Ontario need a Northern Lens? by Dr. Heather Hall dives into the possibilities and lessons around the creation and implementation of a northern policy lens.   A policy lens is a tool ...

The Ontario government is providing $9 million to help the only steel pipe manufacturer based in Canada, Tenaris Algoma Tubes, upgrade its facility, purchase new equipment and expand operations in Northern Ontario. The investment will lead to the creation of 153 new high paying full-time jobs and enable the company to better support Canada’s energy sector. “From the moment I ...

Le gouvernement de l’Ontario investit neuf millions de dollars pour aider Tenaris Algoma Tubes, le seul fabricant de tuyaux en acier au Canada, à moderniser ses installations, à acheter de nouveaux équipements et à élargir son champ d’activités dans le Nord de l’Ontario. Cet investissement créera 153 nouveaux emplois à temps plein bien rémunérés et donnera à l’entreprise les moyens ...

Angus Gold Inc. has appointed Steve Burleton as a director of the Company. Burleton has experience in the Wawa area as he was previously with Vice President of Business Development at Richmont (now Alamos).  He is an experienced mining executive with significant experience in capital raising, corporate development and strategy, including President and Chief Executive Officer of GT Gold Corp., ...

RT Minerals Corp. has begun a drill program on Norwalk Gold Property, south of Wawa. This drill program has 5 holes planned to test a large geophysical anomaly coincident with the Gananoque vein near the northwest portion of the Property, as well as test to depth the Red Carbonate Zone (“RCZ”) discovery made by the Company in 2017-18. The media ...

  Bold Ventures Inc. announces that prospecting and sampling was successful in locating key historical occurrences and previously undocumented mineralized shear zones in the 3 key areas of interest ( eastern Tundra Gold Horizon (TGH), the central Farwell Sulphide Zone (FSZ) and the western Koala Gold Area (KGA)) on the property. A total of 102 samples were collected from these ...

The Superior East CFDC has been busy offering new programs to small businesses in the region.  The first program introduced was the Regional Relief and Recovery Fund (RRRF).  This provides a loan to businesses of up to $40,000 that is interest free until December 31, 2022.  As well, if the loan is paid in full by this date then up ...

La SADC Supérieur Est fut très occupée en offrant de nouveaux programmes aux petites entreprises de la région. Le premier programme offert fut le Fonds d’aide et de relance régionale (FARR). Celui-ci offre aux entreprises, un prêt allant jusqu’à 40 000$ sans intérêt jusqu’au 31 décembre 2022.  De plus, si le solde dû est remboursé en entier par cette date, ...

Argonaut Gold’s Board of Directors has approved the construction of the Magino Gold Project! The media release states “Argonaut is also pleased to announce it has received a fixed bid pricing proposal for a significant portion of the initial capital requirement for the Magino project and that it has secured debt financing of up to US$175 million by way of ...

Wesdome Gold Mines Ltd. has announced results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Although exploration drilling is currently operating at a reduced capacity due to COVID-19 restrictions, three underground drills and one surface drill are in operation. One drill continues to better define and extend the down plunge extension ...