Algoma Steel Group says its net loss for the fourth quarter was $20.4 million, compared with earnings of $242.9 million a year earlier.
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Algoma Steel has notified workers whose jobs will be lost to electric arc furnaceCEO Michael Garcia would not discuss specific numbers, but he told city council that impacted employees have been informed and some are already re-training for new roles
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Union 'deeply concerned' about contractor safety at Algoma SteelPresident of United Steelworkers Local 2251 also says union in talks with company about opportunities for employees whose jobs will be lost in move to electric arc furnaces
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Algoma Steel posts fourth-quarter loss of $20.4MAlgoma’s electric arc furnace conversion is expected to be as much as $175 million over its $700-million budget. Start-up won’t commence until the end of 2024
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B.C. launches $20-million flood mitigation fund for the Fraser ValleyA statement from the Agriculture Ministry says the funding will be used for community-scale projects that protect and restore local ecosystems and wetlands
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Fraser Valley flood mitigation funding to help protect B.C.’s most fertile region - Terrace StandardBut more work remains ahead, say authorities after announcing $20 million for farmers, communities
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Marimaca Copper announces C$20 million strategic investment from MitsubishiA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
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