Temporary work stoppage of paper machines
Regional Roundup Feb
Northern Gold makes offer to shareholders
WIARTON, Ont. on what could only be described as a perfect winter morning bright sunshine, a clear Under Armour Shoes Camo
pulp operations in France and another pulp mill in Matane, Quebec.
Tembec had shut down the Quebec mill with plans to reopen it at the end of the month, however it has chosen to let the mill idle indefinitely, which will cause a loss of 120 jobs.
ESPANOLA Contrary to recent press reports, the Espanola Domtar Mill has not shut down operations. Rather, it had a short work stoppage due to an oversupply of wood in one of its three divisions, according to company spokesperson, Lynne Gibson.
However, full operations resumed Feb. 1 instead. No explanation for the date change was given.
$321,000. The company plans on using the money for working capital projects.
KIRKLAND LAKE Northern Gold Mining, which has a number of exploration properties and an office in Kirkland Lake, has announced the terms of a rights offering to its common shareholders. Common shareholders of record up to the closing of the market Feb. 10, 2009, will be issued transferable rights certificates to subscribe for common shares before 4 p. m. Toronto time March 3. Each shareholder will be issued one Right to purchase one common share of Northern Gold for $0.05 for each share they currently hold. If all Rights are subscribed 6,420,224 shares will be issued for a total gross proceeds of about Under Armour Trainers
Wiarton Willie predicts six more weeks Under Armour Shoes Stephen Curry Gold of winter
More downtime for Tembec mill
"The mill is made up of three different operations, the two paper machines, the wood yard and pulp operation," explained Gibson. "We shut down just the two paper machines on Sunday, January 18 and were supposed to reopen on Monday, January 26."
Quebec pulp, paper and lumber producer Tembec Inc. announced that more downtime may be necessary to adjust to the declining demand for newsprint and other forestry products. The company plans to idle three Under Armour Clutchfit Highlight Drive 2
blue sky and chilly temperatures.
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