Ian Ross

1 week ago | northernontariobusiness.com | Ian Ross

Paul Veldman said his BMI Group wants the highest and best use for the idled pulp and paper plant in Espanola. The CEO of the southwestern Ontario brownfield redevelopment outfit is targeting late May to finalize a deal with Domtar to acquire the mill, a 16-megawatt hydroelectric asset, plus hundreds of acres of brownfield land and woodlands. The mill closed in 2023, taking away 450 jobs. Neither BMI or Domtar are disclosing the purchase price.

2 weeks ago | northernontariobusiness.com | Ian Ross

To Taykwa Tagamou Nation (TTN) Chief Bruce Archibald, Indigenous involvement in the selection process of two proposed hydroelectric projects in the Moose River basin is what economic reconciliation should look like. Archibald spoke at an April 9 news conference at the Sandy Falls Generating Station, outside Timmins, to reveal a pair of new power stations that will be added to Ontario Power Generation’s power-producing fleet in the coming years. The event was livestreamed on YouTube.

3 weeks ago | northernontariobusiness.com | Ian Ross

Sudbury has a strategic role to play in Canada’s natural resources security and economic sovereignty. Greater Sudbury Mayor Paul Lefebvre delivered that message to an audience of corporate leaders and influencers at the Canadian Club Toronto, March 27, by inviting strategic partners and government funders to come north and invest in critical metals processing capacity in the city.

1 month ago | northernontariobusiness.com | Ian Ross

The cone of silence prevails on a possible restart date of the Sugar Zone mine, north of White River. Vault Minerals, however, is shedding some light on how things will come together to resume production at the mothballed underground operation based on some details in a February news release and an investor presentation this month. Vault is a merged entity of two Australian mining companies, consisting of Silver Lake Resources, which originally acquired Sugar Zone in 2022, and Red 5.

1 month ago | northernontariobusiness.com | Ian Ross

Hotels, condominiums, a convention centre, and a Nordic spa are among the suggested uses for a former grain elevator site on Thunder Bay’s waterfront. The Thunder Bay Community Economic Development Commission released a report March 18 for the Pool 6 property, proposing some ideas on what to place on the vacant 12.2-hectare site on the city’s waterfront. The Pool 6 property represents the next stage of development in reshaping the city’s former working waterfront.