Around the North

A Northern Ontario First Nation is making an all-business move to attract mining suppliers to the Far North. Marten Falls First Nation is hosting a Ring of Fire: Emerging Business Conference, Aug. 11-12, 2010 at the Valhalla Inn in Thunder Bay.

Nipissing First Nation has opened a new federally regulated fish processing plant near North Bay.

August 15 means another annual deadline looming to save the Huron Central Railway. The City of Sault Ste.

A new pricing system for iron ore has helped increase Brazilian mining giant Vale's second-quarter net earnings to US$3.7 billion, up nearly fourfold from the same period the previous year.

Liberty Mines, whose Redstone Mine sits 25 kilometres southeast of Timmins, has announced the Redstone nickel concentrator is operating at full capacity of 1,500 tonnes per day.

A Sudbury-area company has been fined $160,000 after pleading guilty to one count of tax evasion in the Ontario Court of Justice in Sudbury on July 28.

Growing demand for Three H Furniture's line of office-oriented products is leading to an expansion at the New Liskeard manufacturer.

Canada's economy grew by 0.1 per cent in May following a lack of movement in April, according to Statistics Canada. Canadian mining and oil and gas extraction grew 3.

Cliffs Natural Resources has increased its ownership of Spider Resources to 81 per cent and has extended its offer to acquire all of Spider's shares. The Ohio-based iron ore giant announced July 19 it has taken up 195.

Essar Steel Algoma announced July 21 that a tentative agreement was reached with United Steelworkers of America Local 2251. It is the largest union at the Sault Ste. Marie steel maker and represents 3,500 hourly workers.