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Around the North
Around the North
Essar makes positive financial report
Essar Steel Algoma reported positive earnings before interest, taxes, depreciation and amortization (EBITDA) of $54.6 million and a net loss of $7.2 million for the three-month period ending June 30, on shipments of 644,844 tons.
Aug 24, 2012 2:02 PM
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Province launches health and safety council
A new provincial advisory council designed to protect workers and improve workplace health and safety will have northern representation. Roy Slack, president of the underground mining contracting and engineering company Cementation Canada Inc.
Aug 23, 2012 8:25 PM
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Sudbury contracting firm to develop plant reno business
Sudbury -based Ferus Industrial Contracting Ltd .
Aug 23, 2012 8:19 PM
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July power exports net $17 M for Ontario
The Ontario government made $17.6 million in July exporting electricity to other provinces and the U.S. That number is based on export revenues of $47.3 million versus imports of $29.7 million.
Aug 23, 2012 5:41 PM
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Municipal group jumps on infrastructure bandwagon
The Northwestern Ontario Municipal Association (NOMA) calls a new $60 million provincial infrastructure fund “extremely beneficial to small communities” across the region.
Aug 23, 2012 5:39 PM
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Gold explorer expands resource
Prodigy Gold said it's expanded its gold resources by more than 55 per cent at its Magino gold project near Wawa. Magino now contains an indicated resource of more than 5.8 million ounces of gold (grading 0.
Aug 22, 2012 7:25 PM
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Unions campaign for Bartolucci to retire
The unions representing employees at the Ontario Northland Transportation Commission (ONTC) said they're out to put Northern Development and Mines Minister Rick Bartolucci out of a job.
Aug 22, 2012 6:13 PM
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Iron ore digger gets dewatering permit
Northern Iron has received a dewatering permit for its Griffith open-pit mine in northwestern Ontario. The Vancouver miner reported that the Ministry of Environment has issued a permit to dewater the North Pit to a maximum depth of 25 metres.
Aug 22, 2012 6:04 PM
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Gold junior will release PEA this fall
Coventry Resources expects to finalize a preliminary economic assessment (PEA) for its Cameron Gold Project by the end of October.
Aug 22, 2012 1:46 PM
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Feds help Elliot Lake with economic development
The federal government is providing the City of Elliot Lake with $53,500 to create an economic development and diversification strategy.
Aug 17, 2012 6:47 PM
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