loader image

Sagamok Anishnawbek takes the plunge into underground mining – by Ian Ross (Northern Ontario Business – October 3, 2024) – Republic of Mining

Reading Time: < 1 minute

Z’gamok Enterprises acquires majority ownership of Sudbury contractor Legend Mining
New ownership is at the helm of Legend Mining. Z’gamok Enterprises Inc. (ZEI) has acquired a 51-49 per cent controlling interest in the Sudbury mining contractor. The deal, a year in the making, was finalized Sept. 4.
Diving into underground mining services had been something the organization has been thinking and strategizing about for a decade. ZEI, an economic development organization owned and operated by Sagamok Anishnawbek is located south of Massey on the north shore of Lake Huron. It runs three businesses that collectively employ 130.
One company, Z’gamok Construction LP, performs ore and waste rock hauling at Vale’s Totten Mine in Sudbury, as well as handling surface work site services at the mine, its road maintenance, even the janitorial cleaning. That sprang from Sagamok Anishnawbek’s impact benefit agreement with Vale Canada.
For the rest of this article: industry-news/mining/sagamok-anishnawbek-takes-the-plunge-into-underground-mining-9604305
 
 

This article was published by: Stan

Visit the original article here

share this article
  • This field is for validation purposes and should be left unchanged.

Subscribe to receive the latest business and industry news in your inbox.

  • This field is for validation purposes and should be left unchanged.

latest from the industry
PLANT-BASED news

Whitepaper

  • This field is for validation purposes and should be left unchanged.

  • This field is for validation purposes and should be left unchanged.

Use