Business

Labour Market Shortages in TBay – Report

Northern Policy Institute (NPI) partnered with the North Superior Workforce Planning Board, your Local Employment Planning Council to provide insight into current and potential future labour market shortages in Thunder Bay.   “With retirement and out-migration coupled with an already ageing population, it is important now than ever to understand the occupations in which these shortages fall,” says author Alex ...

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Wesdome’s Precautions for COVID-19

Wesdome Gold Mines Ltd. (March 23, 2020) would like to inform all stakeholders of its response to the current COVID-19 Pandemic.  To date no employees, contractors, or consultants directly involved with Wesdome, whether at corporate or at sites, have been diagnosed with COVID-19. Mr. Duncan Middlemiss, President and CEO stated, “These are unprecedented times and information and government actions are ...

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Alamos begins Temporary Suspension of Operations at Island Gold

Alamos Gold Inc.  today, (March 24, 2020) provided an update on the measures it has instituted to prevent the spread of COVID-19 including a 14 day suspension of operations at Island Gold. To date, Alamos has not had any confirmed cases of COVID-19 among any of its employees or contractors and has not experienced any impact to its operations or ...

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A message from John’s Valumart

I need everyone’s help in spreading a message to our community, as it is obvious in the last few days that many are missing the message and information given by our Canadian Government and Algoma Public Health. I am sure every business that has remained open would appreciate this message to be communicated to all as well. Please stop panic ...

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Angus Ventures Prepares to begin 2020 Work Programs

Angus Ventures Inc. has filed a technical report for their Golden Sky Project which is located immediately between the Eagle River underground mine and the Mishi open pit mine of Wesdome. The Golden Sky Project hosts the near-surface Dorset Gold Zone, which contains an historic estimated resource (using a 0.50 g Au/t cut-off) consisting of an indicated resource of 40,000 ounces ...

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CENGN Smart Mining Testbed is launched at NORCAT

Greg Rickford, Minister of Energy, Northern Development and Mines, announced the launch of the CENGN Smart Mining Testbed at NORCAT in Greater Sudbury yesterday, March 5, 2020. Part of the Next Generation Network Program, the Smart Mining Testbed will provide access to state-of-the-art wireless communications within a working mine. This will help companies develop and commercialize new technologies for the ...

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Argonaut Gold finds more High-Grade Gold Mineralization below the Planned Open Pit Reserves

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 ...

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Strengthening Ontario’s Mining Industry

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 ...

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Ontario Supports Innovative Mining Technology to Ensure the Industry

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 ...

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SECFDC Business Summary – Annual Release 2019

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 ...

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SADCSE Résumé des activités – Publication annuelle 2019

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 ...

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Alamos and O3 Mining invest in Manitou Gold

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 ...

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Red Pine Exploration Inc. Welcomes Alamos Gold as a Strategic Investor

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, ...

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