Industry News

Terminate Ontario wind, solar contracts, says Fraser report Costly wind and solar project contracts are primarily to blame for Ontario’s rising power prices, according to a Fraser Institute study released Oct. 30. By: Northern Ontario Business staffCostly wind and solar project contracts are primarily to blame for Ontario’s rising power prices, according to a Fraser Institute study released Oct. 30.The 40-page report co-authored by Ross McKitrick and Tom Adams entitled, “What goes up, Ontario’s soaring electricity prices and how to get them d...
Chinese rail money for Ring of Fire?The plate tectonics for Ontario’s stalled Ring of Fire development project could significantly shift if Premier Kathleen Wynne’s visit to China pays dividends down the road. By: Northern Ontario Business staffThe plate tectonics for Ontario’s stalled Ring of Fire development project could significantly shift if Premier Kathleen Wynne’s visit to China pays dividends down the road.The China Daily reported that the Far North mineral deposits could be cause for a constructive arrangement between the provinc...
Mining network issues pan-Canadian call for proposals By: Northern Ontario Business staffThe Ultra-Deep Mining Network (UDMN) has set out a national call for proposals to find additional partners.An initiative of the Centre for Excellence in Mining Innovation (CEMI), the Sudbury-based network is conducting research and development for ultra-deep mining applications — mining beyond 2....
Glencore digs deeper in Sudbury BasinMarc Boissonneault, Glencore's vice-president for its Sudbury nickel operations, said the company will need to develop deeper nickel deposits in the Sudbury Basin to remain productive in the region. By: Jonathan MigneaultThe future of Glencore's nickel operations in Sudbury will require deeper mines to access previously untapped deposits, said Marc Boissonneault, the company's vice-president of Sudbury nickel operations.Boisonneault, who addressed the Greater Sudbury Chamber of Commerce on Oct. 21, said the mining ...
FedNor keen on efficienciesSmall Business Week brought out the largesse from FedNor in helping Northern manufacturers maximize their efficiencies and achieve global competitiveness nirvana. By: Northern Ontario Business staffSmall Business Week brought out the largesse from FedNor in helping Northern manufacturers maximize their efficiencies and achieve global competitiveness nirvana.The federal development agency bestowed $23,375 on two Bracebridge manufacturers to do “operational assessments to improve manufacturing ...
New boss at Richmont Mines Richmont Mines announced Renaud Adams in its new president and CEO, effective Nov.15. By: Northern Ontario Business staffRichmont Mines announced Renaud Adams in its new president and CEO, effective Nov.15.With 20 years of industry experience, Adams comes over from Primero Mining where he served in the same position. Prior to that he made stops at IAMGOLD, Cambior and Breakwater Resources.Richmont runs the Island Gol...
Detour Gold, Hatch garner engineering awardsThe Detour Lake Gold Mining Project was a big winner at the 2014 Canadian Consulting Engineering Awards in Winnipeg, Oct. 23. By: Northern Ontario Business staffThe Detour Lake Gold Mining Project was a big winner at the 2014 Canadian Consulting Engineering Awards in Winnipeg, Oct. 23.The Cochrane-area development received the Engineering a Better Canada Award given to a project that demonstrates how engineering “enhances the social, economic or cultural q...
Pure Gold digs in at Red LakePure Gold Mining is drilling new targets at its Madsen Gold Project in Red Lake. By: Northern Ontario Business staffPure Gold Mining is drilling new targets at its Madsen Gold Project in Red Lake.The company has a $4-million exploration program under way, which includes 9,000 metres of drilling.The first phase is focused on near-surface high-grade mineralization along a 12-kilometre long trend, which includes th...



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