Business

Algoma Steel Statement of Lift of Steel Tariffs

Algoma Steel Inc. congratulates the Government of Canada on the complete lift of steel tariffs imposed under Section 232 as announced today. This returns Canada and the U.S. to a fair and just steel trade position within a fully integrated North American market. Algoma Steel CEO Mike McQuade commented on today’s announcement, “Today’s announcement provides our customers with the confidence ...

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Harte Gold Hits High Grade South of Sugar Zone

Harte Gold is pleased to provide the following exploration update: Highlights:  Recent drilling returned high-grade intercepts on-strike to the south of the Sugar Zone Deposit, which could add significant new gold mineralization o Drilling results were returned from the Upper Zone area of the Sugar Zone, expanding the mineralized envelope an additional 200 metres on strike to the south ...

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Wesdome Holds AGM and Elects New Directors

Wesdome Gold Mines Ltd. announces the results of the Company’s annual general meeting of shareholders (the “Meeting”) held May 14th, 2019. A total of 66,675,481 common shares were represented at the Meeting, representing 48.89% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were approved, as follows: Appointment of ...

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Manitou Gold Announces Upcoming Drilling at Goudreau Area Properties; Nomination of New Director

Manitou Gold Inc. is pleased to announce its upcoming drilling program and additional planned exploration work for the upcoming field season at its 100% owned properties along the Goudreau-Localsh deformation zone (the “GLDZ”), located north of Wawa, Ontario. The GLDZ has seen significant new investments in gold exploration and development activity in recent years. The western half of the GLDZ ...

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Noront Resources names Sault Ste. Marie the home of its new Ferrochrome Production Facility

Noront Resources has named Sault Ste. Marie the home of its new Ferrochrome Production Facility (FPF). Premier Ford said, “Our government promised to make Northern Ontario Open for Business and Open for Jobs. This new processing plant has the potential to create hundreds of direct and indirect jobs, benefitting skilled resource and manufacturing workers across the region. I want to personally ...

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Algoma Public Health servers still offline

Algoma Public Health (APH) servers are still offline after being hit with a ransomware attack on the morning of Friday April 19 that blocked access to the APH servers. Our IT staff continue to work to get our services back online. The following public health programs and services are cancelled in the Sault Ste. Marie office for Wednesday April 24, ...

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Red Pine Exploration Drilling Results Define Higher-Grade Mineralization

Red Pine Exploration Inc. announces new drilling results from its delineation and exploration drilling in the Wawa Gold Corridor that includes the Surluga Deposit. The Surluga Deposit1 is one of two (2) known resources, identified to date, on the large 6,519 hectares Wawa Gold Property, located near Wawa, Ontario.  These latest results will be included a revised NI 43-101 resource ...

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Newmont and Goldcorp Successfully Create World’s Leading Gold Company

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 ...

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New Direction for First Nation Logging Company

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. ...

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New leadership for Northern Lumber Mills

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 ...

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Harte Gold Announces Positive Feasibility Study For The Sugar Zone Mine

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, ...

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Harte Gold Provides Corporate and Operations Update

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 ...

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Algoma Steel Announces Appointment of Michael McQuade as Chief Executive Officer

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 ...

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New Staff at the Wawa Economic Development Office

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 ...

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Magino Gold Project to Proceed, possible 550 jobs

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 ...

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