Business

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 ...

Nov 17, 2017 @ 13:45   Bold Ventures Inc. is pleased to announce the signing of a letter of intent giving Bold the option to acquire a 100% interest in the Stover Gold Property. The property is located approximately 85 km northeast of Wawa, Ontario on the Trans-Canada Highway and is road accessible. The property consists of 28 staked claims ...

Nov 17, 2017 @ 08:32 Alamos Gold Inc. and Richmont Mines Inc. are pleased to announce that shareholders of both companies have overwhelmingly voted in favour of the plan of arrangement at their respective special meetings of shareholders. The Transaction, whereby Alamos will acquire all of the issued and outstanding shares of Richmont, was approved by 98.46% of votes cast ...

Nov 10, 2017 @ 12:45 MacDonald Mines Exploration Ltd. announces that it has completed its Trenching and Sonic Drilling Programs that were designed to assess the extend of the Oxide Sands trend at its Holdsworth Gold Project. Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, “Our Trenching Program has demonstrated the extensive length of the Oxide Sands ...

Nov 9, 2017 @ 11:02 Argonaut Gold who has been working to reopen their 100% owned Magino gold project has released their feasibility study with an estimated total production of 2 million ounces of gold. They have been developing an open pit mine, and have reduced their orginal 30,000 tonne per day (t/d) project to a 10,000 t/d. This reduction will reduce the ...

Nov 9, 2017 @ 10:07 Richmont Mines has announced their operating and financial results for the three and nine months ended September 30, 2017.  With record production of gold 26,659 ounces of gold (22,666 ounces sold) for the quarter they are postioned to see the mine exceed the high end of annual production guidance of between 87,000 and 93,000 ounces. The mill expansion ...

Nov 6, 2017 @ 17:42   Algoma Highlands Wild Blueberry Farm and Winery is again part of the Royal Agricultural Winter Fair in Toronto. Trevor Laing and Jordan Coleman of Algoma Highlands Wild Blueberry Farm and Winery is one of approximately 55 Northern Ontario exhibitors showcasing their products in the FedNor-supported Northern Ontario Agri-food Pavilion. This is the 17th year that ...