Industry News

Iconic Timmins coffee shop doubles as catering bizAppearing largely as it did when it was built in 1939, the McIntyre Coffee Shop is a landmark in Timmins and draws visitors for its home-cooked meals and vibrant atmosphere. By: Lindsay KellyStepping into the McIntyre Coffee Shop, patrons are transported to another time. Entering under a stylized, Depression-era marquee, hungry customers grab a seat at the counter atop swivel stools, while perusing the menu filled with homecooked, stick-to-your-ribs goodness.The dynamic duo behind the ...
The end of Cliffs in the Ring of Fire?A New York hedge fund proclaims it’s won a bitter proxy fight with Cliffs Natural Resources to achieve majority control of the Ohio iron ore and coal miner’s board of directors. By: Ian RossA New York hedge fund proclaims it’s won a bitter proxy fight with Cliffs Natural Resources to achieve majority control of the Ohio iron ore and coal miner’s board of directors.Casablanca Capital said it was successful in convincing Cliffs’ shareholders to elect all six of its nominees at the miner...
Resolute fined for 2012 mill accident By: Northern Ontario Business staffResolute Forest Products has been fined $55,000 after a worker was injured at its Fort Frances paper mill in 2012.The company pleaded guilty in a Provincial Offences Court in Fort Frances, July 25.Justice of the Peace Tom Logan heard that on November 29, 2012, three workers were in the paper mill l...
Noront challenges KWG claims in Ring of Fire By: Northern Ontario Business staffKWG Resources reports it’s been served notice that Noront Resources is appealing to the Mining and Lands Commissioner of Ontario to set aside the finding of the Provincial Mining Recorder that KWG was the first to stake two 16-unit claims in the Ring of Fire when they came open on in June 2011.The ...
Nickel to surpass $10 a pound by 2015: analystNickel prices could reach an average price of US$10.75 per pound by 2015 according to a Scotiabank commodity market specialist. By: Northern Ontario Business staffNickel prices could reach an average price of US$10.75 per pound by 2015 according to a Scotiabank commodity market specialist.Patricia Mohr, a vice-president with the bank, said she expects nickel's steady price increase over the past few months to continue into the new year.“It's all related to t...
Mining centre welcomes new head By: Northern Ontario Business staffThe Centre for Excellence in Mining Innovation (CEMI) has appointed a new director for its Rio Tinto Centre for Underground Mine Construction (RTC-UMC) in Sudbury.Dr. Matthew Pierce, a principal engineer with U.S.-based Itasca Consulting Group Inc., has taken on the role of director. Serving in ...
Power program widened to include more sectors The Ontario government is extending its Industrial Electricity Incentive Program and is opening it up to a wider variety of business sectors. By: Northern Ontario Business staffThe Ontario government is extending its Industrial Electricity Incentive Program and is opening it up to a wider variety of business sectors.The program helps companies cut electricity costs in return for building new production facilities or expanding existing ones.Participants receive a reduction...
Wood cutlery maker eyes northwest partnershipsAspenware president and co-founder Terry Bigsby hasn’t given up hope of siting a wooden cutlery factory in northwestern Ontario. By: Ian RossA British Columbia entrepreneur, who makes award-winning compostable wooden cutlery, said he wants to expand his presence in northwestern Ontario.Aspenware president Terry Bigsby sources poplar veneer from a First Nation-owned sawmill near Ear Falls and is looking to cultivate more Aboriginal fibre...



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