Business

Argonaut Gold Inc. has entered into an agency agreement in connection with the marketed offering of 434,000,000 common shares of the Company, and Common Shares offered pursuant to the Offering being the “Offered Shares” at a price of C$0.45 per Offered Share (for gross proceeds of approximately C$195 million) with a syndicate of agents: BMO Capital Markets, Scotiabank and Cormark ...

Algoma Steel Group Inc. (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced results for its fiscal fourth quarter and full year ended March 31, 2022. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2022 to Fiscal 2021 Fourth Quarter Comparisons Consolidated revenue of $941.8 ...

Manitou Gold Inc. is pleased to provide details on several newly identified gold targets, as well as the discovery of a new nickel-bearing ultramafic complex on its Goudreau project in northern Ontario with the same host mineralization as Canada Nickel’s Crawford deposit. Recently completed diamond drilling continues to emphasize the gold discovery potential along the Baltimore deformation zone (the “BDZ”), ...

The management of Wawa OSB Inc. welcomed the residents of Wawa during a first citizen meeting. The objective of this information session was to establish a dialogue and answer questions from citizens and neighbouring communities. Wawa OSB Inc. is working to reopen the OSB manufacturing plant in the fall of 2023. The reopening of the plant represents an investment of ...

La Société d’aide au développement des collectivités de Supérieur Est (SADCSE) est un organisme à but non lucratif qui offre des services aux PME ainsi qu’aux communautés en matière de développement économique communautaire dans la région de Supérieur Est.  Supérieur Est a été créé en 1989 et depuis lors, elle a déboursé 675 prêts dans la région pour un total ...

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.  Superior East was established back in 1989 and since this time it has disbursed 675 loans within the region for a total of $28,586,340.  These loans served to create or maintain 2,965 jobs.   ...

Palladium One Mining Inc.  has received three of five Exploration Permits for the Tyko Nickel-Copper-Cobalt Project, located near White River, Ontario. A 15,000-meter diamond drill program is planned and is scheduled to begin this month. Tyko hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral in Canada, the United States and the European Union. “Tyko ...

Generation Mining Limited (Marathon) has added to its senior management. Vice President of Geology: Mr. Mauro Bassotti joins Gen Mining and brings over 24 years diverse international and domestic experience with open pit and underground mines in gold, copper and other base metals. Mauro has extensive leadership experience in brownfield and capital drilling, all aspects of operational geological site functions, ...

April 21st, 2022 was the 20th Annual General Meeting for the Economic Development Corporation of Wawa.  The EDC Board has been working hard, preparing to hibernate the corporation as its operational functions transition to an in-house department of the Municipality of Wawa that will focus on economic development and tourism. As we look back, we would like to recognize the ...

  Miller Technology is pleased to announce the first sale of its new battery electric utility vehicle for mining to the Young-Davidson Mine of Canadian mining company Alamos Gold Inc. “This is a great day for Miller, for North Bay, for Northern Ontario and for Canada,” said Dan Bachand, the CEO of Miller. Also joining the press conference at Miller ...

Manitou Gold Inc. is pleased to provide an exploration update on its winter drill program at the Baltimore deformation zone (the “BDZ”) grid within the Goudreau Project, northeastern Ontario. The objective of the winter drill program was to test several targets within a key geological/structural setting, supported by coincident geophysical and geochemical anomalies. This unique structural setting is located within ...

On Wednesday, April 27, Workplace Safety North (WSN) expects to host up to 500 online attendees at its annual Mining Health and Safety Conference.   The event brings together Ontario’s mining industry to share knowledge and innovations regarding safety programs and hazards specific to mining.   The online event next Wednesday runs from 9:00 am to 2:30 pm ET and ...

Noble Mineral Exploration Inc.  announced that it has completed the debt settlement that was announced on April 14, 2022, having received approval of board its Board of Directors and the TSX Venture Exchange. 436,262 common shares of Noble were issued in that transaction in settlement of f $61,076.70 of debt at $0.14 per share. The shares issued are subject to ...

Today, the Cossette family is proud to announce plans to re-launch the Oriented Strand Board (OSB) mill located in Wawa, in the riding of Algoma-Manitoulin. The family has been a major player in the Quebec forestry industry for over 65 years. Three generations are now committed to continuing the vision and passing on the family values. The Ontario Government announced ...

Kingsview Minerals Ltd. is pleased to announce that the Company has added to its existing portfolio of mineral exploration properties located in Wawa, Ontario, by acquiring an additional 7,691 hectares (“ha”) in the Michipicoten Greenstone Belt (the “Property Expansion”). Kingsview now controls 11,854 ha, representing one of the largest land packages in this gold-rich region. The majority of the claims ...