Industry News

Anthony Makuch crowned Top Gun By: Northern Ontario Business staff Anthony Makuch, CEO, Lake Shore Gold, has achieved Top Gun status as a turnaround CEO according to Brendan Wood International (BWI), a global performance advisor. The recognition went to Makuch based on Lake Shore Gold’s value appreciation of approximately 187 per cent achieved over the last...
First Nation chiefs still POed about Cliffs chromite sale By: Northern Ontario Business staff The chiefs of Marten Falls and Aroland First Nations said the sale of Cliffs Natural Resources’ chromite properties in the Ring of Fire to Noront Resources was not a fair one. In an April 25 statement, Marten Falls Chief Bruce Achneepineskum and Chief Sonny Gagnon of Aroland said the biddi...
“Big Bird” joins Wisk AirWisk Air Helicopters has added a lighter, faster and more durable utility bird to its fleet. By: Northern Ontario Business staff Wisk Air Helicopters has added a lighter, faster and more durable utility bird to its fleet. The Thunder Bay aviation company showcased its new Bell 412 helicopter to the local media on April 24. The company claims the $4-million aircraft is one of 12 of its kind in Canada and available for ...
Fund propelling aquaculture industry forwardFirst Nations communities are looking at aquaculture for economic development opportunities, and the National Aboriginal Aquaculture Fund has helped foster some promising projects. By: Lindsay KellyAs food producers race to meet global demand for seafood, aquaculture has become the fastest growing segment of the food-producing industry, and increasingly, Aboriginal communities and entrepreneurs are examining how they can participate in the sector.Last fall, the Aboriginal Aquaculture in ...
Teck starting exploration on Timmins property By: Northern Ontario Business staffTeck Resources Inc. has started exploration work on Explor Resources’ Timmins Porcupine West property. Teck has the option of earning up to a 70 per cent interest on the property from Explor.Teck is currently conducting short-wave infrared instrument scan (TerraSpec) analyses on existing core t...
Feds budget for high-tech mining, Aboriginal trainingThere wasn’t a billion-dollar Ring of Fire payday for Ontario in the April 21 federal budget, but Ottawa is willing to fund some of the technological challenges, exploration know-how and training requirements to support the idled Far North mineral play. By: Northern Ontario Business staff There wasn’t a billion-dollar Ring of Fire payday for Ontario in the April 21 federal budget, but Ottawa is willing to fund some of the technological challenges, exploration know-how and training requirements to support the idled Far North mineral play. Ottawa is setting aside $23 million ov...
Richmont Mines ups the ouncesRichmont Mines reports quarterly gold production at its mines in Northern Ontario and Quebec is up 23 per cent over the same period last year. By: Northern Ontario Business staff Richmont Mines reports quarterly gold production at its mines in Northern Ontario and Quebec is up 23 per cent over the same period last year. In an April 22 release, the Montreal gold miner released its first quarter production numbers showing 25,859 ounces, and gold sales of 24,791 ounces,...
Province reinstates Connecting Link programAlgonquin Avenue, Timmins. By: Northern Ontario Business staff After killing it off two years ago, Queen’s Park has resurrected the Connecting Links Program to provide municipalities with much-needed funding for main arterial roads that double as provincial highways. In an April 20 release, the province announced $15 million will be set aside annually t...



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