Business

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...