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Around the North

Lake Shore Gold completes property acquisition from Goldcorp

Lake Shore Gold continues to expand its reach in the Timmins camp after acquiring a 28-square-kilometre land package from Goldcorp Inc. and Goldcorp Canada Ltd., manager of the Porcupine Gold Mines Joint Venture.

Ontario creates newer network of regional tourism centres

Ontario's provincial government has redrawn the lines of its tourism regions, creating 13 new areas which will be overseen by regional tourism organizations, to be established in 2010.

FNX targets $100M capital budget for 2010

Sudbury miner FNX Mining Inc. is planning on more than $100 million in capital spending through 2010 while maintaining a focus on copper-precious metal dominant deposits. This total includes an operational budget of $75.

Supreme Court decision nixes forestry giant's $1.5M libel award

A landmark ruling on press freedoms by the Supreme Court of Canada has officially put the brakes to a $1.45-million ruling against the Toronto Star by Northern Ontario businessman Peter Grant, owner of Grant Forest Products.

Another building permit record for North Bay

For the fourth straight year, the City of North Bay reports it has set another all-time record for building permits. The value of permits issued by the city in 2009 hit an all-time record of $92 million, which bested the 2008 record of $84.4 million.

AbitibiBowater restarts Thunder Bay paper machine

AbitibiBowater is restarting a paper machine in Thunder Bay in January and recalling 170 laid off workers. The machine has been down since August. The company shut down two machines last summer and laid off 360 workers, citing low market demand.

Marketing professor wins international award

Nipissing University marketing professor John Nadeau has won the Best Paper Award at the International Conference on Destination Branding and Marketing held in Macau, China.

Sault construction permits show improvement in 2009

The City of Sault Ste. Marie reports the value of November building permits recorded so far has increased from 2008. The total value of permits issued by the city jumped to $25.7 million during the month of November compared to the $8.

Sault high school project gets almost $7 million top-up

The provincial government is depositing $6.6 million more into a Sault Ste. Marie high school construction project. Sault MPP David Orazietti made the announcement Dec. 18.

Former employees and First Nation come together to buy Greenstone industry

A partnership made of a First Nation, an economic development corporation and former employees of Longlac Wood Industries have bought Longlac Wood Industries' parent company Kruger Industries. The partnership, known as Kenogami Industries Inc.