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NLIS 2
March 12, 2001 
(Mines and Energy)

 

Minister attending 2001 Prospectors and Developers Association of Canada conference

Mines and Energy Minister Lloyd Matthews, along with senior officials of his department, will be in Toronto this week to attend the 2001 Prospectors and Developers Association of Canada (PDAC) conference.

Prospectors and mining companies from across Canada will be present at this conference, which is being held at the Metro Toronto Convention Centre from March 11-14. 

Mr. Matthews said that this conference will be an excellent opportunity for local mining companies and government to showcase the potential that the Newfoundland and Labrador mining industry has to offer.

On Tuesday, March 12, the Department of Mines and Energy will jointly host a reception at the Royal York Hotel with the Newfoundland and Labrador Chamber of Mineral Resources, the organization which represents mining interests in the province.

Mr. Matthews said that he is looking forward to speaking with key industry players from across Canada to discuss mining issues that face the province.

"This conference provides both an opportunity to promote new investment in our mining sector and work with industry to improve existing developments," Mr. Matthews said.

Newfoundland and Labrador continues to produce 55 per cent of Canada's iron ore products and boasts new exploration and development expenditures that are strengthening the industry.

"We have numerous companies doing exploration work in our province," said Mr. Matthews. "We have the right mix of major and junior mining companies, and a dynamic group of local prospectors, which continue to ensure that our exploration sector remains a strong component within our mining industry."

The minister said that he wants to deliver the message to all delegates that Newfoundland and Labrador is a great place to do business and a great supporter of the mining industry.

Senior department officials attending the 2001 PDAC conference include Brian Maynard, deputy minister, and Allister Taylor, assistant deputy minister of mines.

Media contact: Gary Callahan (709) 729- 4890.

2001 03 12                                      11:00 a.m.


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