Business

Generation Mining Limited announces that its wholly-owned subsidiary, Generation PGM Inc., which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Hycroft Mining Holding Corporation for the purchase of an unused, surplus SAG mill and ball mill currently stored in Nevada and Texas, USA for US$12,000,000, of which US$500,000 is due on signing, ...

Ontario has committed nearly $4 billion to bring high-speed internet access to every corner of the province by the end of 2025. The Ontario government is bringing high-speed internet access to up to 266,000 unserved and underserved homes and businesses, marking another milestone in its plan to help connect every corner of the province by the end of 2025. “Our ...

Generation Mining Limited has announcee that the Joint Review Panel established to conduct an environmental assessment of the Company’s Marathon Palladium Copper Project near Marathon, Ontario has delivered its report. The Reports sets out recommendations for the Company, and the federal and provincial governments, to mitigate or minimize any adverse effects of the Marathon Project. The completion of the Panel ...

Algoma Steel Group Inc. announced today, July 20th, 2022 that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (“USW”) Local 2724, the union representing its technical, professional and front-line supervisory employees. The current collective agreement expires July 31, 2022. Ratification votes are scheduled for July 21st through July 25th, 2022. The Company will ...

Generation Mining Limited announces that its wholly-owned subsidiary, Generation PGM Inc. (“Gen PGM”), which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Valard Equipment LP for the lease of a construction camp located in Marathon, Ontario until June 30, 2023 and an option, exercisable at Gen PGM’s discretion, to purchase the Camp ...

  Float planes were still grounded as ice persisted on the fly-in remote lakes, but the hand shakes were warm and genuine. Hornepayne Lumber, Columbia Forest Products and Pine Portage Lodge (a Resource-Based Tourism Operator) have signed a Resource Stewardship Agreement (RSA) for the forest surrounding Hornepayne, Ontario. This is indeed a milestone, as it is the first RSA to ...

Angus Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of the sale of 5,057,000 flow-through common shares of the Company at a price of CAD$1.15 per FT Share for total gross proceeds of CAD$5,815,550. In connection with the Offering, funds managed by Delbrook Capital Advisors Inc., acquired 4,387,000 common shares of ...

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, ...