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Around the North

Buyers can make pitch for Ontera

Pre-qualified buyers can submit formal proposals to purchase, manage and operate Ontera , the first of he Ontario Northland Transportation Commission (ONTC) business lines to be put up for sale.
NOTO head steps down

NOTO head steps down

Long-time NOTO ( Nature and Outdoor Tourism Ontario ) executive director Doug Reynolds is stepping down. In an effort to become “leaner and more efficient,” Reynolds will help the board develop a transition plan.

McGuinty government wants to extend big industry power breaks

Major industry and the large job generators in Northern Ontario could get an extend break on their power rates next spring.

NAP searches for new CFO

North American Palladium Ltd. announced Dec. 13 Mr. Jeffrey Swinoga has resigned as vice-president of finance and chief financial officer, effective January 4.

Brigus appoints new president

Brigus Gold Corp. announced Dec. 13 that Daniel Racine has been promoted to president-chief operating officer, effective January 1, 2013. Wade Dawe will remain chairman and chief executive officer.

Detour Gold raises cash for open pit

Detour Gold announced Dec. 11 has completed a bought deal public offering of common shares that's raised gross proceeds of $106 million. The offering was conducted by a syndicate of underwriters led by BMO Capital Markets.

Bartolucci barks up bucks

Christmas came early for some North Bay area businesses through the Northern Ontario Heritage Fund Corporation (NOHFC). Howling with pride is the Ultimate Dawg House in North Bay, a leisure centre for dogs and owners, after receiving $75,000.

FIT program up and running again

Ontario’s Feed-in Tariff program will once again accept applications for small projects, starting Dec. 14.

Sault CAO awarded Jubilee medal

Sault Ste. Marie CAO Joe Fratesi has been awarded the Queen Elizabeth II Diamond Jubilee Medal for his years of service to the city. Fratesi has overseen the day-to-day operations of the city for 17 years.

Sudbury home builders recognize members

The Sudbury & District Home Builders’ Association (SDHBA) has honoured six of its members for their contributions to the association. The Hall of Fame Award went to Faye Gartley of @homeEnergy.