Business

Chapleau is initiating the Chapleau District Heating Project, in partnership with Commercial BioEnergy Inc., a Northern Ontario biomass energy company dedicated to assisting communities in reducing their dependence on fossil fuels. The Chapleau District Heating Project will determine the feasibility of constructing a centralized biomass fuelled heating plant to deliver heating to potentially seven public buildings within the community. This ...

Chapleau lance en effet le Projet de chauffage urbain de Chapleau, en partenariat avec Bioénergie commerciale inc., une entreprise d’énergie de biomasse du nord de l’Ontario qui se consacre à aider les collectivités à réduire leur dépendance aux combustibles fossiles.   Le Projet de chauffage urbain de Chapleau permettra de déterminer la faisabilité de la construction d’une centrale de chauffage ...

Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced “bought deal” private placement offering for gross proceeds of C$11,000,358, including the exercise in full of the Underwriters’ Option (as defined in the press release of the Company dated September 5, 2024). The Offering consisted of 33,336,000 common shares of the Company at a price ...

David Piccini, Minister of Labour, Immigration, Training and Skills Development, issued the following statement on increasing the province’s minimum wage: “Today, the general minimum wage in Ontario increases from $16.55 per hour to $17.20, helping nearly one million workers earn more money for themselves and their families. Ontario’s minimum wage is one of the highest in the country. This 3.9 ...

The Royal Canadian Mint’s newest Gold Maple Leaf (GML) bullion coin is completely sourced from a single mine and it will offer Costco Canada members the first opportunity to acquire one of the world’s most popular pure 1 oz. gold bullion coins, sourced and refined under the industry’s strictest segregation protocols. The 2024 $50 1 oz. 99.99% Pure Gold Maple ...

Wesdome Gold Mines Ltd. announces the appointment of Mr. Guy Belleau as Chief Operating Officer effective today, September 30, 2024. Anthea Bath, President and Chief Executive Officer, commented: “With his depth of experience in the mining industry, particularly in underground operations and gold projects within the relevant jurisdictions of Québec, Guy stands out as an excellent addition to Wesdome. His ...

Integra Resources Corp. and Florida Canyon Gold Inc. are pleased to announce the receipt of a voting support agreement from Alamos Gold Inc. in favour of the transaction announced on July 29, 2024 between Integra and FCGI, whereby Integra will acquire all of the issued and outstanding shares of FCGI pursuant to a court-approved plan of arrangement. In connection with ...

The Algoma Workforce Investment Corporation (AWIC), in collaboration with other regional community partners, is pleased to announce the launch of the Employer Insights Survey, formerly known as the EmployerOne Survey. This local survey provides employers throughout the District of Algoma with a valuable platform to voice their needs on various HR topics, including recruitment practices, retention strategies and challenges, workforce ...

Alamos Gold Inc. has released an updated three-year production and operating guidance incorporating the recently completed acquisition of the Magino mine, as well as increased 2024 production guidance for the Mulatos District. Capital guidance has also been updated to include the development of the Puerto Del Aire (“PDA”) project and a revised initial capital estimate for the Phase 3+ Expansion ...

Wesdome Gold Mines Ltd. today announces the appointment of Ronald ‘Jono’ Lawrence as Senior Vice President, Exploration and Resources effective January 1, 2025. Anthea Bath, President and CEO, commented: “We are thrilled to welcome Jono to Wesdome’s senior leadership team. With an exceptional track record in mineral exploration and resource expansion, combined with his extensive global technical expertise in both ...

Red Pine Exploration Inc.  is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as co-lead underwriter and sole bookrunner, on its own behalf and on behalf of Research Capital Corporation, as co-lead underwriter (together with Haywood, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement ...

Argonaut Gold Inc., a wholly owned subsidiary of Alamos Gold Inc., announced today that more than 90% of its outstanding 4.625% senior unsecured convertible debentures (each, a ‘Debenture’) were tendered to the offer to purchase the Debentures launched by the Company on July 24, 2024 (the ‘Debenture Offer’), in connection with the acquisition of all of the issued and outstanding ...

Red Pine Exploration Inc. announces an updated independent Mineral Resource Estimate, inclusive of an open pit and underground Mineral Resource, prepared by WSP Canada Inc. for the Company’s 100% owned Wawa Gold Project in Ontario. Highlights (Table 1 and Figures 1 to 2) The updated MRE has added significantly to the previous 2019 MRE, with an Indicated Mineral Resource of ...

There is growing interest not only in mining lithium in Northwestern Ontario, but also in processing it locally. Northern Policy Institute’s latest publication finds that Northwestern Ontario can provide the labour needed for a lithium-processing facility. Lithium processing facilities require workers that are trained in numerous professions: mechanics, millwrights, instrument technicians, supervisors, control and process operators, steamfitters and electricians. To ...

Red Pine Exploration Inc. reports the results of the expanded independent verification sampling and assaying of drill core performed by WSP Canada Inc. as part of the ongoing resource estimation for the Wawa Gold Project, Ontario. Michael Michaud, President and CEO of Red Pine commented: “I am pleased to see that the independent verification sampling completed by WSP is in ...