Industry News

Gowest acquiring more mining claimsGowest’s property near Timmins By: Northern Ontario Business staffGowest Gold Ltd. has entered an agreement with Crown Mining Corp. to acquire mining claims adjacent to the past-producing Hallnor Gold Mine.Under the agreement, Gowest would acquire 100 per cent interest in four patented claims totalling 64 hectares located in Whitney Township near Timmins.The ...
Webequie joins the North Star club Webequie Chief Cornelius Wabasse and North Star CEO Frank Kelner sign of partnership agreement. By: Northern Ontario Business staffThunder Bay’s North Star Air announced it has signed a “strategic business agreement” with Webequie First Nation.Webequie joins nine other First Nation communities in an alliance with the regional passenger and freight carrier. The other communities are Muskrat Dam, Sachigo Lake, Cat Lake, Dee...
Ministers want First Nations on the gridA national task force is being established to find ways to eliminate diesel power generation on remote First Nation communities. By: Northern Ontario Business staffA national task force is being established to find ways to eliminate diesel power generation on remote First Nation communities.Provincial and territorial energy and mines ministers meeting in Halifax decided that the reduction or elimination of diesel fuel would “reduce harmful emissions, strength...
Nominees sought for wood design awardsThe Victoria Linklater Memorial School in North Spirit Lake was recognized by the Ontario Wood WORKS! program in 2014. The organization is now seeking nominations for its 2015 awards. By: Northern Ontario Business staffOntario Wood WORKS! is seeking nominations for the 2015 edition of its awards program, which recognizes excellence in using wood in design.The organization, which leads a national campaign to increase the use of wood in commercial, industrial and institutional construction in North America, ann...
Nominees sought for wood design awardsThe Victoria Linklater Memorial School in North Spirit Lake was recognized by the Ontario Wood WORKS! program in 2014. The organization is now seeking nominations for its 2015 awards. By: Northern Ontario Business staffOntario Wood WORKS! is seeking nominations for the 2015 edition of its awards program, which recognizes excellence in using wood in design.The organization, which leads a national campaign to increase the use of wood in commercial, industrial and institutional construction in North America, ann...
Porter Airlines moves into North BayPorter Airlines will soon offer service to North Bay, the fifth Northern Ontario city to be added to its service list. By: Northern Ontario Business staffPorter Airlines will soon be flying into North Bay.The company announced July 21 it would start offering daily flights between Billy Bishop Toronto City Airport and North Bay’s Jack Garland Airport in October. A second route, featuring service between North Bay and Timmins, is also being introduc...
Bidding heats up for TemexLake Shore Gold announced July 16 that it has submitted a proposal to Temex Resources to acquire all of the common shares of its next door neighbour in the Timmins camp. By: Northern Ontario Business staff Lake Shore Gold announced July 16 that it has submitted a proposal to Temex Resources to acquire all of the common shares of its next door neighbour in the Timmins camp. Under the terms of the proposal, Temex shareholders would receive, for each Temex share, 0.105 of a Lake Shore Gold share,...
Profitable fiscal year for Kirkland Lake Gold Kirkland Lake Gold reported a healthy fourth quarter and fiscal year-end results. By: Northern Ontario Business staff Kirkland Lake Gold reported a healthy fourth quarter and fiscal year-end results. The northeastern Ontario mid-tier producer reported a net and comprehensive income of $7.9 million for the quarter and $19.8 million for the year. Generated free cash flow was $7.9 million for the quarter a...



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