Anaconda gets $5M RBC loan to complete pre-construction activity at Goldboro

GUYSBOROUGH – Anaconda Mining Inc. announced Tuesday that it has entered into a $5 million term loan from the Royal Bank of Canada (RBC) to help finance its work on the Goldboro Gold Project. The loan will give Anaconda “enhanced financial flexibility and allow it to complete all pre-construction activity at its 100 per cent-owned Goldboro Gold Project..without further equity financing,” the company said in a news release.



Lea Place founders' award announced
By Janice Christie

SHEET HARBOUR – To celebrate local women in honour of International Women's Day, the Board members of Lea Place have developed an award named 'The Lea Place Women's Resource Centre Founding Mothers Award', to honour the women, who over three decades ago, developed the organization that has grown and developed into Lea Place Women's Resource Centre. The first annual award was presented to Alana Gammon in recognition of her volunteerism and commitment to her community at an event held at the Eastern Shore Wildlife Association Clubhouse on Saturday, March 9.

Connector Program introduces local NSCC students to networking skills

CAPE BRETON – Students of the Nova Scotia Community College’s Strait Area Campus will be mingling with local industry experts and NSCC alumni on March 14. Co-hosted by the Cape Breton Partnership’s Connector Program and the Eastern Strait Regional Enterprise Network (ESREN) Connector Program, the ‘Strong Networks / Strong Communities’ Networking Event is exclusive to the Campus’ Social Services and Behavioral Intervention programs.

Also in this edition...

Our editorial once again delves into the ongoing SNC-Lavalin controversy while it's hockey night in Guysborough for Murphy's Law. Bay Sighs' down-to-earth column gets a little out-of-this-world this week and Born with Sea Legs serves up another visual feast. We've got results from curling events in Boylston and Canso — as well as some "super" on-ice content courtesy of the Canso Flying Figures. Community news columns from the Lincolnville and Sheet Harbour areas make an appearance, as does The Conversation with some facts and figures on teenagers and sleep. You may have lost an hour off the clock this past weekend, but you don't need to let that stop you from catching up on all that's going on by getting your copy of the Guysborough Journal today!





Tourism planning advances with Guysborough workshop
By Katherine Murphy

GUYSBOROUGH – Guysborough-area tourism operators gathered at the Chedabucto Lifestyle Complex on Feb. 26 for the third in a series of workshops by the new local Tourism Strategy Committee.

Anaconda now plans full processing facility at Goldboro mine
By Helen Murphy

GUYSBOROUGH – Anaconda Mining’s success in expanding the known gold deposits at its Goldboro Project site — and its confidence in further expanding the estimated deposit — has led it to change its plan for the mine. Originally Anaconda planned to ship concentrate to its Pine Cove Mill in Newfoundland for processing. Now it intends to develop a full-scale milling facility at Goldboro.

Spaceport’s Focus Report to be submitted late March
Groundbreaking could take place in July

By Helen Murphy

CANSO – Maritime Launch Services (MLS) CEO Steve Matier is sounding optimistic these days, after a setback last year when the company was required to submit a more detailed Focus Report in its pursuit of environmental approval for a spaceport to launch commercial satellites near Canso. During an interview Tuesday, he told The Journal the company plans to file its Focus Report with the Dept. of Environment in late March.


Anaconda gets $5M RBC loan to complete pre-construction activity at Goldboro

GUYSBOROUGH – Anaconda Mining Inc. announced Tuesday that it has entered into a $5 million term loan from the Royal Bank of Canada (RBC) to help finance its work on the Goldboro Gold Project. The loan will give Anaconda “enhanced financial flexibility and allow it to complete all pre-construction activity at its 100 per cent-owned Goldboro Gold Project..without further equity financing,” the company said in a news release.





Latest Tweets