Natural Resources
January 26, 2015
Supporting Exploration for a Sustainable Economy
International Mining Event Focuses on Investment Opportunities
Mining companies from Newfoundland and Labrador are in Vancouver this week with officials from the Provincial Government and Mining Industry NL to promote the province's resource potential. They are attending Mineral Exploration Roundup, the second largest annual mineral exploration conference and trade show in Canada which attracts international, national and local mining industry geoscientists, investors, prospectors and suppliers.
"Events, such as Mineral Exploration Roundup, provide opportunities to showcase Newfoundland and Labrador's immense mineral wealth and diverse geology with the purpose to attract exploration investment into the province. Our participation in this event will help to maintain the long-term viability of the industry and support future economic growth of mining operations in communities throughout Newfoundland and Labrador."
- The Honourable Derrick Dalley, Minister of Natural Resources
Mineral Exploration Roundup has expanded to a larger venue this year and the Provincial Government has partnered with industry on the creation of the Newfoundland and Labrador Pavilion. The booth will be in the conference's main Exhibit Hall and will provide information on current and potential mining developments, recent discoveries, geoscience initiatives and the status of active exploration projects happening in the province. Participation at Mineral Exploration Roundup generates international exposure for local companies and the booth includes two semi-private networking areas for delegates and investors.
Local prospectors in attendance gain the opportunity to build and establish productive business relationships and secure investment for emerging and potential projects.
"Mining Industry NL is pleased to have a strong delegation of members attending Mineral Exploration Roundup. The event provides access to key industry players and affords excellent networking opportunities for our companies to showcase and discuss their comprehensive range of active Newfoundland and Labrador projects."
- Ed Moriarity, Executive Director, Mining Industry NL
The Provincial Government is committed to the long-term responsible management and development of the mining industry. Interest in the mining sector will contribute to continued industry growth and sustainability, despite short-term challenges as a result of low commodity prices. Newfoundland and Labrador is recognized as one of Canada's leaders in iron ore production and there continues to be healthy interest from national and international investors.
QUICK FACTS
- A Newfoundland and Labrador delegation will be in Vancouver this week to participate in the annual Mineral Exploration Roundup, January 26 to 29
- More than 25 delegates representing about a dozen mineral exploration companies are joined by officials from the Provincial Government and Mining Industry NL to promote the province's resource potential.
- The Provincial Government has partnered with industry on the Newfoundland and Labrador Pavilion and the booth will be located in the conference's main Exhibit Hall.
- Provincial participation in the annual conference and trade show helps to generate international exposure for Newfoundland and Labrador companies.
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Media contacts:
|
Diana Quinton
Director of Communications Department of Natural Resources 709-729-5282, 631-8155 dianaquinton@gov.nl.ca |
Jennifer Kelly
Communications Advisor Mining Industry NL 709-722-9542 jkelly@miningnl.com |
2015 01 26 11:10 a.m.