Business

BTU has entered into a purchase and sale agreement pursuant to which the Company will purchase, upon closing, a 100% interest in two large gold exploration projects in the active Wawa gold area of northern Ontario; the Echum Gold Project adjacent to Alamos Gold Inc. (TSX-AGI) and the Hubcap Gold Project adjacent to Red Pine Exploration Inc. Each of the ...

Red Pine Exploration Inc., further to its press release of May 1, 2024, provides an update on the Company’s progress on its investigations into the reporting inconsistencies in certain assay results from the Wawa Gold Project. The Company confirms that the issues set out in the Prior Press Release are unrelated to the integrity of its quality assurance/quality control (“QA/QC”) ...

Red Pine Exploration Inc. reports that it has discovered inconsistencies in certain assay results from the Wawa Gold Project which were previously publicly announced by way of press releases and which may also have been disclosed or used in certain other disclosure documents, such as the National Instrument 43-101 Technical Report for the Wawa Gold Project dated June 21, 2023. ...

Red Pine Exploration Inc. is pleased to announce the appointment of Alice Murphy to its board of directors effective April 29, 2024. Ms. Murphy has also been appointed as Chair of the Audit Committee. Ms. Murphy is an experienced finance, governance, government relations and mining professional. She is currently a director and Chair of the audit committee of Moon River ...

From mining critical minerals to building cars and batteries, Canadian businesses and workers are attracting historic investments to help secure and create jobs, grow our economy, and keep our air clean. In the last four years, automotive and battery makers have announced more than $31 billion in investments in electric vehicle manufacturing across Canada. They want a reliable partner with ...

Qu’il s’agisse de l’extraction des minéraux critiques ou de la fabrication d’automobiles et de batteries, les entreprises et les travailleurs du Canada attirent des investissements sans précédent qui contribuent à maintenir et à créer des emplois, à faire croître notre économie et à garder notre air pur. Au cours des quatre dernières années, les fabricants d’automobiles et de batteries ont ...

Red Pine Exploration Inc. is pleased to announce assay results from 7 drill holes representing 2,538 metres (“m”) of diamond drilling from the 2023-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, Red Pine has now drilled approximately 66,100 m of the targeted program of up to 70,000 meters. Of these ...

Alamos Gold Inc. announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argonaut’s total outstanding common shares (the “Common Shares”) after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total ...

The Ontario government is working in partnership with Webequie, Nibinamik, Neskantaga, Eabametoong and Marten Falls First Nations to expand clean and reliable electricity transmission and generation infrastructure to end these communities’ reliance on diesel powered generators and support greater economic self-determination and prosperity. “We’re partnering with First Nations and northern Ontario communities to build the energy infrastructure they need to ...

Alamos Gold Inc. and Argonaut Gold Inc. are pleased to announce that they have entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement. As part of the Transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent to its Island Gold mine in Ontario, ...

Many employers across Ontario, including in Northern Ontario, will see a change in their owners or leadership in the coming years. Many of these employers have developed succession plans; however, a concerningly large share remain inadequately prepared for this transition. Northern Policy Institute’s latest publication explores the state of business succession and planning across Ontario. NPI partnered with the Ontario ...

Northern Credit Union and Copperfin Credit Union, two leading financial institutions, are pleased to announce the successful completion of the due diligence phase in their ongoing merger discussions. Demonstrating a commitment to transparency and collaborative decision-making, they are presently engaged in formulating a thorough business case for regulatory approval, paving the way for a member vote to finalize this transformative ...

Maple syrup season is well underway for 2024 and producers are excited to welcome visitors and showcase the 2024 crop of maple syrup during the 8th annual Maple Weekend, April 6 and 7, 2024. Hosted by the Ontario Maple Syrup Producers’ Association (OMSPA), Maple Weekend is a fun, free, two-day, family-friendly event that celebrates Ontario’s maple heritage and invites visitors ...

Workplace Safety North (WSN) has announced the lineup of speakers for the 26th annual Mining Health and Safety Conference, set to take place from April 16 to 18 in Sudbury. The conference, themed “Inclusive mines, a safer future,” emphasizes the importance of diversity and equity in ensuring safer work environments.   More than 300 delegates are expected to convene for ...

Les gouvernements du Canada et de l’Ontario investissent plus de 1 million de dollars dans le cadre du Partenariat canadien pour une agriculture durable (PCA durable) afin de soutenir la productivité et la croissance des entreprises du secteur acéricole de la province. L’Initiative d’amélioration pour le secteur de l’acériculture soutient 77 acériculteurs grâce à une aide financière à frais partagés ...