Business

Goldcorp Inc. and Newmont Goldcorp Corporation today announced the successful conclusion of the transaction combining Newmont Mining Corporation and Goldcorp to form the world’s leading gold business. Newmont Goldcorp features an unmatched portfolio of assets, prospects and talent. This portfolio includes long-life operations and profitable expansion and exploration options in some of the world’s most favourable mining jurisdictions. Newmont Goldcorp ...

We are pleased to announce that Steven Young was hired as the General Manager of Maygwayyawk Forestry Services (MFS). Steven is a registered professional forester who comes to us with a wealth of management knowledge and business acumen, to provide new direction for MFS. Steven has held a number of progressive roles with the MNR and within industry in Ontario. ...

WRC Timber Inc. (WRC) is pleased to announce new leadership at its sites in White River and Hornepayne as well as for its woodlands group. White River Forest Products (WRFP) is now led by Mill Manager, Sean Lauzon. Sean took the helm on January 21st, after WRFP had been without a mill manager for six months. “Sean is a seasoned ...

Harte Gold has announced the results of their feasibility study for the Sugar Zone Mine located just north of White River. This study declares reserves of  3.9 million tonnes at 7.1 g/t Au, net of mining dilution of 38%, containing 890,000 ounces of gold. A base case scenario forecasts a 14 year mine life producing 61,000 ounces of gold annually, ...

Harte Gold is pleased to provide the following corporate and operations update: Highlights Advanced discussions are underway with Appian and Sprott to refinance existing facilities with existing and/or potential new lenders, the Company expects a conclusion to be reached on these discussions by the end of April. Appointed Geoffrey Cohen, Senior Advisor, Appian Capital Advisory LLP, to the Board of ...

Algoma Steel Inc. (with its affiliates, “Algoma” or the “Company”) is pleased to announce the appointment today of Michael McQuade as Chief Executive Officer of the Company. Mr. McQuade, who is currently a director of Algoma, has more than 35 years of steel industry experience in a number of senior leadership positions. “On behalf of the board of directors, I ...

The Wawa EDC Board of Directors is pleased to announce that Sylvia Lesage has joined the organization as Business Administrator.  Sylvia brings a variety of skills and experience to the position and is a graduate of Laurentian University’s Bachelor of Business Administration program with work experience in non-profit business management, economic development and business writing. “Sylvia brings a wide variety ...

The Government of Canada is working to protect the environment while creating good jobs and economic opportunities for Canadians. Today, the Member of Parliament for Sault Ste. Marie, Terry Sheehan, announced on behalf of the Minister of Environment and Climate Change, Catherine McKenna, that the Magino Gold Project can proceed to help support clean economic growth following a thorough and science-based environmental ...

Wesdome Gold Mines Ltd. has announced the fourth quarter  and full year 2018 financial results. Mr. Duncan Middlemiss, President and CEO commented, “In 2018, we delivered at the top end of our grade guidance of 11.7 grams per tonne gold (“gpt or g/t”) (11.3 – 11.7 gpt guidance) at Eagle River, and the midpoint of our raised production guidance range of ...

La Société d’aide au développement des collectivités de Supérieur  Est, en collaboration avec les communautés avoisinantes, y compris la Première Nation de Michipicoten, la Première Nation de Pic Mobert, la Première Nation de Brunswick House, la Première Nation  de Chapleau Cree, la Première Nation Chapleau Ojibwe, la Première Nation  de Missanabie Cree, Manitouwadge, White River, Hornepayne, Wawa, Dubreuilville, Chapleau, d’autres ...

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 2018 year the Board approved loans totalling $961,200, which includes $736,200 in local loans. These loans maintained or created 67 jobs at a cost per job of $10,988.  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 2018 le conseil d’administration a approuvé des prêts totalisant 961 200$, incluant 736 200$ en prêts locaux. Ces prêts ont maintenu ou ...

Red Pine Exploration Inc. has announced the identification of a new high-grade structure – the Cooper Structure, 1 km east of the northernmost extension of the Surluga Deposit and 2.8 km northeast of the Minto Mine South Deposit. The recent channel sampling in the Cooper Structure returned 27 g/t gold over 0.31 metres (true width). Historic drilling conducted in the ...

Ontario’s Minister of Energy, Northern Development and Mines has issued a directive to the Ontario Energy Board (OEB) to amend NextBridge’s electricity transmission licence and allow it to proceed with the East-West Tie transmission line, effectively ending Hydro One’s competitive bid to build the Lake Superior Link project. This project is a new 400 km transmission line between Lakehead Transformer ...

Goldcorp is providing a summary of fourth quarter 2018 milestones and 2019 annual guidance. Fourth Quarter Milestones As previously disclosed, fourth quarter 2018 gold production of 630,000 ounces exceeded guidance. All-in sustaining costs for the full year are expected to be in line with guidance of $850 per ounce. Cerro Negro exited the year at 4,000 tonnes of ore per ...