Industry News

Funds available for grassroots exploration projectsThe Ontario Exploration Corporation offers prospectors access to as much as $85,000 to offset costs associated with their exploration work. The for-profit corporation was established to generate mining lands with high-value prospects. By: Ian RossIt’s a grim market reality for mineral explorationists trying to raise capital for their projects.But there’s one tool available to help prospectors at the grassroots levels with their costs in working their claims.The Ontario Exploration Corporation (OEC) is a for-profit entity overseen by the Ont...
Software program provides company performance analysisMarc Dugas, product manager at Centric Mining Systems, test-drives the company’s new software, Scio, which finds correlations in production data, which mining companies can then use to make better operations decisions, improving efficiency and visibility. By: Lindsay KellyA new software program designed for the mining industry is using production data to help companies make strategic business decisions, improving efficiency and visibility.Scio (pronounced “SEE-oh”), designed by Sudbury-based Centric Mining Systems, gathers performance data gleaned from mining operat...
Montoro raises cash for Serpent River property By: Northern Ontario Business staffInternational Montoro Resources Inc. is raising funds to conduct exploration activity on its Serpent River-area property in 2015.The company announced it is arranging a non-brokered private placement of up to 8 million units at a purchase price of $0.07 per unit, for aggregate proceeds of up to ...
Canadore gets donated chopper airframeBell Helicopter has donated a helicopter airframe to Canadore College to help train students in the school’s aviation program. (PHOTO SUPPLIED) By: Northern Ontario Business staffThe donation of a Bell 430 helicopter airframe to Canadore College will help train students in the school’s aviation program.Bell Helicopter announced it was donating the frame to the college on Dec. 11.“Our customers use our products for critical, life-saving missions all around the world, and w...
Program enforces safe workBob Ryckman, who’s worked in occupational safety for four decades, has transferred his knowledge to a new program, SafetyLynx, which monitors and tracks reports, statistics and other information related to safety on the job. By: Lindsay KellyWhen Bob Ryckman started in the construction industry four decades ago, there often wasn’t much precedent for safety monitoring amongst companies, so he created his own, pioneering the use of spreadsheets and databases to track safety records.SafetyLynx, an online program devised by Ryckman and twe...
Vale, Steelworkers enter into early contract talks By: Northern Ontario Business staffUnited Steelworkers Local 6500 president Rick Bertrand committed not to dwell on past disputes.In a meeting ahead of labour negotiations between Vale and the Steelworkers scheduled for the new year, Bertrand said he will be focusing on the future.That's the mindset he will take to the bargaining ta...
Ontario invests in winter roadsWinter road construction to reach remote First Nations was announced with $5 million in capital spending by the Ontario government. By: Northern Ontario Business staffWinter road construction to reach remote First Nations was announced with $5 million in capital spending by the Ontario government.The winter roads are vital links to send goods and services to isolated communities that otherwise have to be shipped by air during the warm weather months.With this fu...
Group advocating change following Elliot Lake reportProfessional Engineers Ontario is working to make engineers more accountable following the release of the Elliot Lake Inquiry report on Oct. 15. After part of the roof at Elliot Lake’s Algo Centre Mall collapsed in 2012, two women were killed and others injured. By: Lindsay KellyEven before Justice Paul Bélanger released his report on the Elliot Lake Inquiry, which outlines recommendations for improving policies and standards related to the engineering profession, Professional Engineers Ontario (PEO) was already reviewing its own standards.Early on in the process, the PEO,...



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