Business

The Ontario government is providing more than $3.7 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to 11 mining supply and service sector companies in Northern Ontario. This investment is promoting innovation, workplace safety, business development and job creation in the mining industry. “Our government continues to send a strong signal to the world that Northern Ontario is open ...

The Sault Ste. Marie Innovation Centre is proud to announce Stir the Potential – an innovation conference taking place May 27-28, 2024, at the Delta Waterfront Hotel in Sault Ste. Marie, Ontario.   Communities in the north are ready for change. A brighter, sustainable future starts with the way we think about current issues and the future that lies ahead. ...

Argonaut Gold Inc. announces today the Company’s 2024 guidance including production, cost per ounce as well as capital and exploration expenditure forecasts. Consolidated gold production for 2024, including the Mexican operations, is expected to be in the range of 225,000 and 250,000 gold equivalent ounces (“GEOs”), an increase of 13% to 25% over 2023 production. Cost of sales and cash ...

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.  It is led by a volunteer Board of Directors consisting of individuals that reside throughout the Superior East region.   For the 2023 year the Superior East CFDC approved a total of $829,001 in ...

La Société d’aide au développement des collectivités de Supérieur Est (SADCSE) est un organisme à but non lucratif qui offre des services en développement économique aux petites entreprises et à la communauté régionale dans la région Supérieur Est.   En 2023, la SADCSE a accordé une somme de 829 001$ en prêts locaux et régionaux. Ces prêts ont eu un ...

Graydon Smith, ministre des Richesses naturelles et des Forêts, et Vic Fedeli, ministre du Développement économique, de la Création d’emplois et du Commerce, ont émis la déclaration suivante au sujet de la décision récente des É.-U. concernant les droits imposés sur le bois d’œuvre : « Le gouvernement de l’Ontario enjoint à nouveau les États-Unis à abolir immédiatement les droits ...

Graydon Smith, Minister of Natural Resources and Forestry, and Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement regarding the latest U.S. decision on softwood lumber duties: “The Ontario government is renewing its call that all duties on Canadian softwood lumber exports should immediately be removed by the United States. Our government’s plan to build ...

The Government of Ontario is supporting economic growth and creating jobs with the second phase of funding under the new Forest Biomass Program. The $9.4 million investment will develop the untapped economic potential and environmental benefits of new and emerging uses of underutilized wood and mill by-products, collectively known as forest biomass. “Our Forest Biomass Program has delivered dozens of ...

Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that in the early hours of Saturday, January 20, 2024 there was a collapse of a structure supporting utilities piping at our coke-making plant. There have been no injuries and the Algoma team is managing the occurrence with the safety of ...

On Friday, Canada’s NDP leader Jagmeet Singh – accompanied by Yuk-Sem Won, NDP candidate for Thunder Bay-Rainy River—committed to fight for the federal government to support the 400 workers of AV Terrace Bay Mill after meeting with leaders of the United Steelworkers Local 665. “The closure of the mill has catastrophic impacts for the 400 workers who were laid off, ...

Vendredi, le chef du NPD du Canada, Jagmeet Singh, accompagné de Yuk-Sem Won, candidate du NPD dans la circonscription de Thunder Bay–Rainy River, s’est engagé à se battre pour que le gouvernement fédéral vienne en aide aux 400 travailleuses et travailleurs de l’usine AV Terrace Bay après avoir rencontré les leaders de la section locale 665 du Syndicat des Métallos. ...

Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces fourth quarter and full year 2023 production results.  The Company expects to provide 2024 production, operating, capital and cost per ounce guidance on February 26, 2024, and plans to report its financial results for the three and twelve months ended December 31, 2023 in the first half of ...

Argonaut Gold Inc. is pleased to announce the Company’s flagship mine, the Magino Mine, located in Ontario Canada, is nearing gold production rates shown in its current National Instrument 43-101 Technical Report following implementation of several key technical and operational improvements. Increased Mill Head Grade As previously announced by Argonaut, the Magino Mine began producing gold in June of this ...

Le gouvernement de l’Ontario investit près de 9 millions de dollars afin d’aider des petites sociétés d’exploration minière à financer des projets d’exploration préliminaire dont le but est de détecter des minéraux critiques utilisés dans les véhicules électriques, les téléphones intelligents, les ordinateurs portables, l’équipement médical et les énergies renouvelables. Le financement provient du Programme ontarien d’aide aux petites sociétés ...

The Ontario government is investing close to $9 million to help junior mining companies finance early exploration projects to find critical minerals used in electric vehicles, smart phones, laptops, medical equipment and renewable energy. The funding is being delivered through the Ontario Junior Exploration Program(OJEP), which helps boost growth and job creation in the province, particularly in northern and Indigenous ...