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Around the North
Around the North
Highway 584 upgraded near Geraldton
More than 26 kilometres of Highway 584 is finished being upgraded between Geraldton and Nakina just in time before winter. The project started last year and involved fixing ditches and resurfacing the road. The upgrades created 37 jobs.
Nov 19, 2009 6:38 PM
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Mining companies in war of words over possible takeover
Noront Resources Ltd. (NOT:TSX) and Freewest Resources Canada Inc. (FWR:TSX) have both released public letters to shareholders over what Freewest calls a hostile takeover attempt.
Nov 19, 2009 6:37 PM
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Tembec reports loss for Q4 and year
Tembec suffered more losses this year as sales for the three-month period that ended Sept. 26 were $451 million, down from $629 million from the same period last year.
Nov 19, 2009 6:33 PM
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Canadian mining and metals companies becoming targets for increased taxes: Ernst & Young
A new Ernst & Young report suggests the Canadian mining and metals industry may become a prime target for increased taxes and levies as the government faces budget pressures to fund the deficits created during the global financial crisis.
Nov 19, 2009 6:31 PM
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Dryden showcases its new tourism website
The City of Dryden has launched its new tourism website. The site contains information on this area's activities, events, attractions and businesses.
Nov 19, 2009 6:26 PM
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Palladium miner reports slight Q3 loss, but encouraging milestones
North American Palladium reported a $6.2 million loss in its third quarter but President-CEO William Bigger said the company is optimistic of better times ahead for the growth-oriented Toronto miner.
Nov 19, 2009 6:25 PM
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Sudbury drivers open first leg of their Autobahn
The Ontario government opened a 20-kilometre, four-lane stretch of Highway 69 to traffic, south of Sudbury. It's the first section of four-lane highway to be completed in the new Sudbury-Parry Sound corridor. Construction began in 2005.
Nov 19, 2009 6:23 PM
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Atikokan gold deposit has junior miner excited
Brett Resources intends to fast-track development of its gold deposit near Atikokan in northwestern Ontario. A preliminary assessment study of the company's Hammond Reef Gold project shows a base case inferred mineral resource of 6.
Nov 19, 2009 6:21 PM
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What recession? North Bay keeps building homes
With 135 home starts recorded in North Bay so far this year, Mayor Vic Fedeli is trumpeting his city as “leading the pack” in Ontario residential construction. Canada Mortgage and Housing Corp.
Nov 19, 2009 6:20 PM
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Rubicon Minerals invests $60 million in Red Lake program
Rubicon Minerals is pouring $60 million into a second round of exploration drilling at its Phoenix Gold Project in Red Lake. The Toronto-based junior miner discovered a large gold system in 2008, called F2, and is drilling to expand the resource.
Nov 19, 2009 6:18 PM
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