Business

Feb 12, 2018 @ 15:52 A new report on the sale of Hydro One by the Financial Accountability Office of Ontario (FAO), Ontario NDP Leader Andrea Horwath issued the following statement:   “Today’s report by the FAO is a damning indictment of the privatization schemes rammed through by successive Conservative and Liberal governments. The sale of Hydro One will cost ...

Feb 2, 2018 @ 17:47 Detour Gold Corporation was convicted in an incident that occurred at Detour Lake Gold mine, about 185 km northeast of Cochrane, Ontario. The conviction was on November 27, 2017 and sentencing was heard on February 1, 2018. On August 24th, 2014, a worker hauling rocks in a dump truck being operated in reverse was critically injured ...

Feb 2, 2018 @ 09:34   RT Minerals Corp. announces that pursuant to its news release dated October 25, 2017, the Company has exercised its option to acquire 100% interest in the Golden Reed Mine property located near Wawa, Ontario for consideration of a final option payment of 1,000,000 common shares of the Company which are subject to a four-month ...

Feb 2, 2018 @ 08:27 MacDonald Mines Exploration Ltd. announces that it has received gold and silver assays for 100 sonic boreholes at its Wawa-Holdsworth Project. Most of the boreholes were drilled in an exploration target that was defined using geophysical methods, in a previously non-excavated area.  Nine sonic boreholes discovered a new zone of Oxide Sands with evidence of ...

Jan 25, 2018 @ 13:10 La Société d’aide au développement des collectivités Supérieur Est est fière d’annoncer qu’un nouveau fonds de développement communautaire est maintenant disponible pour les Premières Nations, les municipalités, les corporations de développement économique ou autres organismes communautaires sans but lucratif exerçant leurs activités dans la région Supérieur Est.  Le Fonds fournira jusqu’à 2 000$ en contributions ...

Jan 25, 2018 @ 13:08 The Superior East Community Futures Development Corporation is pleased to announce that a new Community Development Fund is now available to First Nations, municipalities, economic development corporations or other non-profit community organizations in the Superior East region.  The fund will provide up to $2,000 in non-repayable contributions to community projects that will have an economic ...

Dec 27, 2017 @ 10:35 On Monday, January 1st, 2018, many people across Ontario will see their wages rise to $14 an hour as the new general minimum wage takes effect. It is estimated that 55% of all Ontario retail workers will get a raise. Other changes coming into force on January 1, 2018 include: Ensuring workers are entitled to ...

Dec 13, 2017 @ 08:12   The Wawa BIA has invested in new lights to decorate Mission Road and Broadway Avenue. For half the year flying geese have decorated the power poles that line the road. Now it is the time for the holiday lights to shine!

Dec 7, 2017 @ 09:11 MacDonald Mines Exploration Ltd. sonic drilling program has discovered gold and silver in the bedrock underneath the Oxide Sands formation at its Wawa-Holdsworth Project. Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, ”The elevated sulfur content in bedrock assay samples rich in precious metals supports the conceptual association between precious metals in ...

Nov 30, 2017 @ 09:11   Unique as the North, a ground-breaking partnership points to a model for future resiliency across the North and beyond. The Missanabie Cree, the Chapleau Cree, and the Netamisakomik Anishinabek (Pic Mobert) First Nations are now significant owners in two Hornepayne businesses. Having partnered through the newly formed Northeast Superior First Nation Investment LP, the ...

Nov 28, 2017 @ 08:02 Barrick is saddened to confirm that Eulogio (Bot) Gutierrez, a 60-year-old survey technician at the Company’s Hemlo mine near Marathon, Ontario, passed away Monday as a result of being struck by a piece of mobile equipment in the underground mine. The incident occurred at about 10:30 a.m. Eastern Time. There were no other injuries reported. ...

Nov 27, 2017 @ 15:44 RT Minerals Corp. announces an update on its Norwalk gold property located near Wawa, Ontario. The Company has completed further surface exploration including trenching of a new target area called the Red Carbonate Zone (“RCZ”). A total of 15 grab samples were collected from the RCZ and have been submitted for pulp and metallic sieve ...

Nov 22, 2017 @ 09:25 Alamos Gold Inc. et Mines Richmont inc. ont le plaisir d’annoncer que la Cour supérieure du Québec (division commerciale) leur a accordé l’approbation définitive du plan d’arrangement, selon lequel Alamos acquerra toutes les actions émises et en circulation de Richmont. La Transaction devrait être conclue le 23 novembre 2017, sous réserve des approbations réglementaires applicables ...

Nov 22, 2017 @ 09:23 Alamos Gold Inc. and Richmont Mines Inc. are pleased to announce that they have been granted final court approval from the Quebec Superior Court (Commercial Division) of the plan of arrangement whereby Alamos will acquire all of the issued and outstanding shares of Richmont. The Transaction is expected to close on November 23, 2017, subject to ...

Nov 18, 2017 @ 08:07   On November 9, the Independent Electricity System Operator (IESO) visited Sudbury for a regional electricity forum, which was focused on exploring ways to better manage energy use and how to participate in the sector to support the growth, resiliency, and vibrancy of communities in the Northeast.   Electricity planning and delivery have dramatically changed ...