Jan 2, 2025 · West Red Lake Gold Mines has secured a loan to assist in the restart of the inactive Madsen Mine in Red Lake. The Vancouver gold company announced Dec. 31 that it has entered into a loan agreement with Nebari Natural Resources Credit Fund II LP to borrow up to a maximum amount of US$35 million.

Dec 30, 2024 · A significant hydrogen discovery has been made on the Quebec side of Lake Timiskaming with the potential scale and magnitude that could put this region of western Quebec on the map.

Nov 11, 2024 · Adding the Magino open-pit mine to the Alamos Gold stable helped the Toronto gold company post a record third quarter in a number of areas. Across its mines in Northern Ontario and Mexico, Alamos posted a record 152,000 ounces of gold, up nine per cent from the previous quarter.

Dec 27, 2024 · MNP, a national accounting, tax and business consulting firm, is taking over operations at 21 offices currently owned by BDO Canada, a firm that offers similar services.

Jan 2, 2025 · GreenFirst Forest Products is selling its softwood lumber duty refunds for US$17.5 million. The Toronto lumber company said it’s entered into a strategic agreement with Mahogany Investors, LLC for the sale of its refunds, including accrued interest, on duties paid for softwood lumber exported to the U.S. in 2021 and 2022.

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Jun 21, 2024 · Canada’s national organization representing the interests of Indigenous businesses has undergone a branding refresh. The Canadian Council for Aboriginal Business (CCAB) will now become the Canadian Council for Indigenous Business (CCIB), which comes in time to mark the organization’s 40th anniversary. A new logo has been launched as well.

Oct 25, 2024 · West Red Lake Gold Mines has raised $76.7 million to finance the restart of the Madsen Mine in Red Lake . The Vancouver gold company wants to put Madsen back into production sometime in 2025.

Jan 9, 2025 · FORT FRANCES — A corporation owned by 10 First Nations in the District of Rainy River is moving forward with a plan to produce low-carbon transportation fuels from wood waste. Wanagekong-Biiwega'iganan Clean Energy Corporation (WBCEC) has received $2.25 million from the federal government's Clean ...

Jan 9, 2025 · Timmins mine builder Canada Nickel has swung two land deals to create a new exploration outfit while creating some elbow room around where it wants to dig out the Crawford mine, northeast of the city. The company announced it’s signed two definitive agreements this week, one of which is a yet-to ...