Business

Argonaut Gold Inc. current 20,000-metre exploration drilling program continues to find high-grade gold mineralization below the previously defined open pit reserves. That defined reserves were the basis for the Company’s recently completed Feasibility Study. The media release stated, “Since July 2019, drilling has intersected a number of high-grade, gold-bearing structures trending westward from the adjacent Island Gold Mine below and adjacent ...

Greg Rickford, Minister of Energy, Northern Development and Mines, announced Ontario is investing more than $10.5 million in 28 companies that supply products and services to the mining industry. This funding will help create or retain over 180 jobs. Investments made through the Northern Ontario Heritage Fund Corporation (NOHFC) include (a full list is below): $1 million for Coloured Aggregates ...

The Ontario government has announced a new investment of $900,000 with Sudbury-based SHYFTinc. to support the creation of new jobs and continued economic growth in northern Ontario. The new partnership will help the company develop an innovative inventory management system that will make freight delivery to open-pit and underground mines safer and more efficient. The new technology will create a ...

When Chief Jason Gauthier of Missanabie Cree First Nation read the Prime Minister’s refusal to his request for a meeting, these were his reactions: our First Nation relationship with him is not important enough for him to meet us he is shutting his door on an amazing opportunity for reconciliation he shows no respect for us having accomplished everything required ...

The Superior East Community Futures Development Corporation (SECFDC) is a non-profit organization offering small business and regional community economic development services to the Superior East region.   During the 2019 year the Board approved loans totalling $1,083,285, which includes $960,105 in local loans. These loans maintained or created 71 jobs at a cost per job of $13,523.  They also served ...

La Société d’aide au développement des collectivités Supérieur Est (SADCSE) est un organisme sans but lucratif offrant des services de développement économique communautaire régional aux PME et communautés de la région Supérieur Est.   Au cours de l’année 2019 le conseil d’administration a approuvé des prêts totalisant 1 083 285$, incluant 960 105$ en prêts locaux. Ces prêts ont maintenu ...

A worker was killed while operating a loader with fork attachments at the company’s lumber mill at 175 Planer Road, Chapleau on May 25, 2018. Justice of the Peace Nathalie Breton fined Rayonier A.M. Canada Industries Inc. $250,000 in provincial offences court in Chapleau after a guilty plea was tendered. The court also imposed a 25-per-cent victim fine surcharge, which is then added ...

Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce the closing of a brokered private placement (the “Offering”) of 40,000,000 flow-through shares (the “FT shares”) of the Company at a price of $0.05 per FT share, and 20,000,000 units (the “Units”) of the Company at a price of $0.05 per Unit for aggregate gross proceeds of ...

Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced brokered private placement (the “Offering”), pursuant to which the Company has sold an aggregate of (i) 25,892,850 units (the “FT Units”) comprised of one “flow-through” common share (a “FT Share”) of the Company and one-half of one non-flow-through common share purchase warrant (each whole warrant, ...

Angus Ventures Inc. is pleased to announce that it has entered into an agreement with Talisker Gold Corp. pursuant to which it will acquire a 100% interest in the Wawa Properties of Talisker, including its option earn-in properties, for $600,000 in cash and the issuance of 4,000,000 common shares of Angus. The Wawa Properties are located within the prolific Mishibishu Lake ...

Hornepayne Lumber and Hornepayne Power (Hornepayne) welcome the Government of Ontario’s release of the draft Forestry Sector Strategy that aims to ensure sustainable management of forest resources, while also supporting job creation, promoting economic growth, and reducing unnecessary burden and costs for businesses in the industry. “The values of job creation, truly sustainable forests, regional economic growth, and innovation are core to our ...

Red Pine Exploration Inc. is pleased to announce that its ownership interest in its gold mineral property near Wawa, Ontario has increased from 60% to 64.5% as a result of Red Pine’s joint venture partner, Citabar Limited Partnership’s  election under the joint venture agreement effective August 15, 2015, a copy of which is filed under the Company’s profile on www.SEDAR.com, not ...

Harte Gold has announced the financial and operational results for the three and nine months ended September 30, 2019.  In their third quarter highlights they note that there were no lost-time injuries reported, production grew (mined tonnes and processing tonnes improved by 9% and 6% respectively), revenues increased over the previous quarter by 22% while production costs remained stable. Sam Coetzer, ...

  La Société d’aide au développement des collectivités Supérieur Esta eu 30 ans en septembre 2019.  L’organisme est une société sans but lucratif qui offre des services de prêts ainsi que des services-conseil aux entrepreneurs ainsi que des services en développement économique régional dans la région Supérieur Est. Depuis sa création, la SADC Supérieur Est a reçu 5,5 millions de ...

  The Superior East Community Futures Development Corporation turned 30 years old in September 2019.  The organization is a non-profit corporation providing small business loans and counselling as well as regional economic development services within the Superior East Region. Since inception Superior East received $5.5 million in investment funds to provide loans within this region.  Superior East has used this ...