Business

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 ...

Red Pine Exploration Inc. announces new results from: confirmation drilling in the higher grade zones of the Surluga Deposit1 and from drilling on the Minto Mine South Project2. The Minto Mine South Deposit and the Surluga Deposit are just two of the known deposits on the large 5,568 hectares Wawa Gold Project located near Wawa, ON, Canada. Red Pine’s infill ...

Harte Gold has apponted Timothy N. Campbell to the position of Executive Vice President of Harte Gold. Mr. Campbell was appointed Vice President and Corporate Secretary in June 2010. Stephen G. Roman, President and CEO, commented, “Tim has played an instrumental role in developing the Company and the Sugar Zone Mine. We appreciate his vision and commitment and look forward to ...

Harte Gold has appointed Gordon K. Reed, P.Eng., as General Manager of the Sugar Zone Mine. Mr. Reed is a mining engineer with over 35 years’ operating and contracting experience in a variety of high grade underground mining environments. Most recently Mr. Reed served as General Manager of the Seabee Mine in La Ronge, Saskatchewan. Mr. Reed has also worked ...

Harte Gold is pleased to announce commercial production has been achieved at the Sugar Zone Mine, effective January 1, 2019. Highlights: Following a successful commissioning period, the Sugar Zone Mill is operating consistently at the permitted 575 tonnes per day (“TPD”). Start-up, commissioning and commercial production was achieved within a three month period since receipt of commercial production permits. The ...

After an extensive search, I am very pleased to announce the appointment of Tony Wyszkowski to replace me as President of WRC Timber. Known as a calm and thoughtful leader, Tony has extensive experience managing $200M businesses with 600+ employees across North America. Well-versed in industrial environments, it was Tony’s dedication to improving the bottom line and affecting positive culture ...

Noble Mineral Exploration Inc. announces that there will be a delay in the filing of its audited annual financial statements for the year ended August 31, 2018 (“Financial Statements”), the related management’s discussion and analysis of those financial statements (“MD&A”) and related filings, which are due on December 31, 2018. As previously announced, the Company has changed auditors, and MNP LLP ...

Harte Gold provided the following update on its commercial operations and exploration activities. HIGHLIGHTS The Sugar Zone Mill complex is achieving consistent throughput of 575 tonnes per day. Over 24,000 tonnes of material has been processed through the mill year-to-date. The Company is on track to declare commercial production by year-end. A flotation concentrate at higher than expected grades is being ...

Welcome to the all-new Algoma Steel Inc.! As of November 30th, 2018, Algoma Steel Inc. purchased substantially all of the assets of Essar Steel Algoma Inc. Today we are stronger, more sustainable, and free from the protection of the Companies’ Creditors Arrangement Act (CCAA). Algoma Steel is now privately owned by a solid group of investors who are committed to ...