Executive Council
Natural Resources
Tourism, Culture, Industry and Innovation
August 5, 2017
Premier Ball Welcomes Reopening of Fluorspar Mine
Today, the Honourable Dwight Ball, Premier of Newfoundland and Labrador, welcomed the reopening of the fluorspar mine by Fluorspar Canada, in St. Lawrence.
Since 2016, work to develop the mine for its reopening helped create close to 1,000 person years of employment during the construction phase. Canada Fluorspar projects that 3,000 person years of employment in mining and milling will be created in the first 12 years of the mine’s operations. Another 525 spinoff jobs are anticipated to be created as a result of the mine reopening.
In March, the Department of Tourism, Culture, Industry and Innovation announced a $17 million repayable loan to Canada Fluorspar Inc. to assist with the re-activation of the St. Lawrence fluorspar mine. The investment reflects government’s commitments to collaborating with business and supporting job growth.
Today, more than 5,000 people are employed in the mining industry in Newfoundland and Labrador, particularly in rural communities, and almost $3 billion in mineral shipments are forecast.
Quotes
“Canada Fluorspar continues to grow the economy of the Burin Peninsula and make significant contributions to the province’s mining industry. The reopening of the Fluorspar mine is exciting news for Canada Fluorspar, the Burin Peninsula and the province as a whole.”
Honourable Dwight Ball
Premier of Newfoundland and Labrador
“Newfoundland and Labrador has an abundance of natural resources and our mining industry is known as one of the most attractive jurisdictions worldwide for investment. Canada Fluorspar in St. Lawrence is an important addition to this industry as we maximize opportunities for exploration and development and stimulate the provincial economy. We will continue to support the mining industry through public geoscience, clear regulations and support for prospectors and junior mining companies through the Mineral Incentive Program.”
Honourable Siobhan Coady
Minister of Natural Resources
“I congratulate Canada Fluorspar, the Town of St. Lawrence and all those involved in this significant milestone, as our government continues to support initiatives which help strengthen and ensure the long-term success of our province. We are committed to diversifying the economy, and the reopening of the fluorspar mine in St. Lawrence is a strong sign of this pledge.”
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation
“Today marks the official start of the rebirth of the mining industry in St. Lawrence. I am pleased to have been involved in helping reach an agreement between Canada Fluorspar Inc. and the Government of Newfoundland and Labrador, an agreement that provides the company the ability to establish what we expect to be a long and successful venture, benefiting the residents of St. Lawrence and the entire province.”
Carol Anne Haley
MHA for Burin - Grand Bank
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Learn more
The Way Forward: A Vision for Sustainability and Growth in Newfoundland and Labrador
Minister Provides Update on Canada Fluorspar Inc. Newfoundland and Labrador
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Media contacts
Michelle Cannizzaro
Office of the Premier
709-729-3960
michellecannizzaro@gov.nl.ca
Diana Quinton
Natural Resources
709-729-5282, 631-8155
dianaquinton@gov.nl.ca
Eric Humber
Tourism, Culture, Industry and Innovation
709-729-4819, 725-9655
erichumber@gov.nl.ca
Jillian Hood
Government Members Office
729-5306
jillianhood@gov.nl.ca
2017 08 05 11:55 a.m.