Skip to content

Around the North

Crowflight names new boss

Crowflight Minerals has appointed Mark Trevisiol, a former Xstrata Sudbury executive, as its new president and CEO. He immediately replaces Mike Kelly who has resigned.

Dryden bridge named after business stalwart

The City of Dryden is naming a new pedestrian suspension bridge spanning the Wabigoon River after renowned local businessman Roy Wilson. Wilson is the president and owner of the printing and publishing firm of Alex Wilson Coldstream Ltd.

Ten-week shutdown announced for Xstrata's Kidd Metallurgical site in Timmins

The ripple effects of the ongoing strike at Vale Inco's Sudbury operations have officially reached into Timmins, where a lack of available copper concentrate has resulted in a temporary shutdown at Xstrata Copper's Kidd Metallurgical Site.

Federal money falls on CEMI, other Sudbury projects

After years of waiting and an ongoing war of words between provincial MPP Rick Bartolucci and Industry Minister Tony Clement, the federal government has bestowed $4.3 million to Sudbury's Centre for Excellence in Mining Innovation.

Sudbury MEDIchair owner to head up first provincial franchise company

The 20 Ontario franchisee owners of home medical equipment (HME) company MEDIchair have come together to officially form MEDIchair Ontario, Canada's first provincial HME franchise company, to be.

Export Development Canada receives Aaa credit rating from Moody's

Export Development Canada (EDC) has become the first export credit agency to receive an insurance financial strength (IFS) rating of Aaa from Moody's Investors Service, the highest such rating available.

Kirkland Lake Gold seeks $37M in financing, sees record gold sales

Kirkland Lake Gold Inc., which operates the Macassa Mine in the Kirkland Lake camp, has entered into an agreement with Wellington West Capital Markets for a private placement for gross proceeds of $37.1 million.

Noront closes $25M in financing

Noront Resources Ltd. has closed private placement financing on 8,928,500 flow-through common shares at a price of $2.80 to raise gross proceeds of just under $25 million. Wellington West Capital Markets Inc.

De Beers Canada holds talks with Native reserve

A Far North native community and De Beers Canada Inc. held discussions on Aug. 24 about possible future exploration within the community's traditional lands.

Vale Inco resumes production during strike

Vale Inco will use its 1,200 employees and some outsourced staff to resume partial production at the Sudbury operations, in spite of an ongoing strike.