Northern and Copperfin credit unions take next step toward merger
WEBMar 12, 2024 — The two financial institutions based in Northern Ontario have completed the due diligence phase of their talks and are working on the business case for regulatory approval. The new entity would retain the Northern Credit Union name and serve about 93,000 members in 24 communities.
Ontario's new mines minister has a strong pedigree in mining
WEBAug 8, 2022 — George Pirie is a former mining executive and the MPP for Timmins, who was appointed as Ontario's first dedicated minister of mines in 2022. He wants to promote mining as a green industry and advance the Ring of Fire project in the Far North.
Inventory of abandoned mines now available
WEBMay 12, 2017 — A new online inventory that catalogues abandoned and orphaned mines across Canada is now available to the public.. The inventory, released in April, is a project of the National Orphaned and Abandoned Mines Initiative (NOAMI). NOAMI was launched in 2002 in response to a request from mine ministers in federal, provincial and territorial jurisdictions to address issues related to orphaned and ...
Indigenous Leaders: - Northern Ontario Business
WEBJan 7, 2022 — Harvey Yesno has seen a few First Nation entrepreneurs start out small and become self-made millionaires over the years. The former president and CEO of Nishnawbe Aski Development Fund believes that many more First Nation entrepreneurs can achieve similar levels of success when given the proper tools to overcome systematic barriers.
Northwestern Ontario could host one of Canada’s largest gold mines
WEBOct 18, 2019 — A technical study is putting a 12-year mine life on a proposed open pit gold and silver mine in the Red Lake area of northwestern Ontario. First Mining Gold released a new preliminary economic assessment (PEA) for its $959-million Springpole Gold Project mine and mill operation.. In an Oct. 16 release, the company said the PEA provides updated metallurgical work that should significantly ...
Northern Ontario Press Releases
WEBJul 31, 2024 — Northern Ontario industry press releases. Published often on NorthernOntarioBusiness.com
Sault utility unveils $100-million transmission project to boost …
WEBDec 31, 2021 — The project will supply power to Algoma Steel's electric arc furnaces and other businesses in the west end, reducing emissions by 70 per cent. PUC Transmission Co., a new corporate entity, will manage the 10.5-kilometre-long, 230-kilovolt line, creating local jobs and opportunities.
Attawapiskat wins the case, Juno keeps the permits
WEBFeb 28, 2022 — An Ontario Superior Court of Justice said the provincial government fell short of carrying out its duty to consult and accommodate with Attawapiskat First Nation in granting permits to a junior mining exploration company operating in the Ring of Fire.
Australian lithium explorer secures ground in northwestern Ontario
WEBSep 15, 2021 — A new Australian lithium exploration company wants to tap into the global clean energy movement, starting in northwestern Ontario. Shareholders for Ardiden, a gold exploration company operating in the Pickle Lake area, have agreed to sell up to 80 per cent ownership of its lithium projects in the region to Green Technology Metals, formerly known as Great Northern Lithium Pty.
Bitcoin 'power to data' project unveiled at idle North Bay power …
WEBOct 26, 2021 — The North Bay Power Plant on Highway 11 North, which was mothballed in 2017, will be back in operation, powering up a unique bitcoin mining data centre to be built on the site.