Business

Argonaut Gold Completes Magino Royalty Sale to Franco-Nevada

Argonaut Gold Inc. is pleased to announce that it has completed the Magino royalty transaction with a wholly-owned subsidiary of Franco-Nevada Corporation, as announced on November 2, 2023. Pursuant to the transaction, the Company has completed the sale of an additional 1% net smelter return royalty (“NSR”) on its Magino Mine to Franco-Nevada for $28.0 million. Franco-Nevada now holds an ...

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Argonaut Gold Declares Commercial Production at the Magino Mine

Argonaut Gold Inc.  is pleased to announce that commercial production has been achieved at the Company’s Magino Mine effective November 1, 2023. “The Board of Directors and Management would like to thank the Magino team for their hard work to achieve the commercial production milestone and celebrate the dedication of all employees, contractors, and community partners that have supported construction ...

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L’Ontario répond à la décision du panel de l’ALÉNA sur les droits antidumping

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Graydon Smith, ministre des Richesses naturelles et des Forêts, ainsi que Vic Fedeli, ministre du Développement économique, de la Création d’emplois et du Commerce ont fait la déclaration suivante en réaction à la décision du panel de l’Accord de libre-échange nord-américain (ALÉNA) cette semaine concernant la contestation du Canada face à l’imposition de droits antidumping par le département du commerce ...

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Ontario Responds to NAFTA Panel Ruling on Anti-dumping Duties

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Graydon Smith, Minister of Natural Resources and Forestry, and Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement regarding this week’s North American Free Trade Agreement (NAFTA) panel ruling on Canada’s challenge to anti-dumping duties imposed by the U.S. Department of Commerce (DoC): “The Ontario government strongly supports its forest industry and firmly believes that ...

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New interim CEO announced for Workplace Safety North

The Workplace Safety North Board of Directors is pleased to announce the appointment of Mike Parent as interim President and Chief Executive Officer of Workplace Safety North (WSN). Mike served as WSN Vice President of Health and Safety Services since 2015, and is a former paramedic, miner, mine rescue volunteer, and mining health and safety manager.   Lydia Renton, Chair ...

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Algoma Steel Announces Extension of Iron Ore Contract

Oct. 02, 2023 Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U. S. Steel”) (NYSE: X), with an option to further extend for a third year solely at Algoma’s discretion. The extended purchase ...

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Algoma Steel Provides Fiscal Second Quarter 2024 Guidance

Sept. 28, 2023 Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter ending September 30, 2023. Unless otherwise specified, all amounts are in Canadian dollars. Fiscal 2024 second quarter total steel shipments are expected to be in the range of 540,000 to 550,000 ...

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Argonaut Gold Appoints New Vice President, Exploration

Argonaut Gold Inc. is pleased to announce the appointment of Owen Nicholls to Vice President, Exploration. “Owen joins the Company at a pivotal phase of growth to continue advancing the expansion of our flagship asset, Magino, and redeveloping the Florida Canyon mine. We will benefit from Owen’s extensive hands-on exploration and management experience as he focuses on expansion of our ...

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Argonaut Gold Reports for Second Quarter

Argonaut Gold Inc. reported financial and operating results for the three and six months ended June 30, 2023 (the “second quarter” or “Q2”), as well as a progress update for the Magino Mine. All dollar amounts are expressed in United States dollars, unless otherwise specified (CA$ refers to Canadian dollars). “Argonaut delivered solid financial and operational results for the quarter, ...

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Kingsview Minerals Initial Drilling Results Confirm Critical Metals Targets at Echum Project

Kingsview Minerals Ltd. is pleased to announce the first results from the recently completed initial drill program at its 13,056-hectare gold-silver and critical metals Echum Project in Wawa, Ontario. Adjacent to Alamos’ Island Gold Mine and Argonaut’s Magino Gold Deposit, this property totals 7,691 hectares and includes greenstones and banded iron formations. ). Initial drilling focused on testing the upper ...

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Angus Gold Strengthens its Board & Management Team

Angus Gold Inc. has announced the appointments of Dr. David Palmer as Chairman and Director of the Company, effective immediately, and Breanne Beh as President and Chief Executive Officer, effective July 10, 2023. Ms. Beh has been leading the Company’s exploration team and exploration strategy at the Golden Sky Project since September 2021. These appointments are part of the Company’s ...

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Argonaut Gold Announces that Wet Commissioning Activities is Underway

Argonaut Gold Inc. is pleased to announce that wet commissioning activities at its Magino Mine (“Magino”) are well underway, with the introduction of ore into the crushing circuit on May 13th and ore into the grinding circuit on May 19th. The Company is now guiding towards a first gold pour by mid-June as it works closely with Ausenco Engineering Canada ...

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LP Building Solutions to Acquire Forex’s Wawa OSB Facility

LP Building Solutions, a leading manufacturer of high-performance building products, and Forex Inc. have entered into a definitive agreement under which LP will acquire the assets owned by Wawa OSB Inc., a subsidiary of Forex Inc. The transaction will add to LP’s assets a manufacturing facility in Wawa, Ontario that will be converted into an LP® SmartSide® Trim & Siding ...

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