Tourism, Culture, Industry and Innovation
August 2, 2018

Provincial Government Investing in Mining Research and Development Project Aimed at Improving Productivity

The Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation, today announced $250,000 to support a collaborative research and development (R&D) project between Anaconda Mining and College of the North Atlantic (CNA) to improve grade determination and control at Anaconda’s Point Rousse Project. Minister Mitchelmore was joined by Brian Warr, MHA for Baie Verte – Green Bay; Dustin Angelo, President and CEO, Anaconda Mining; and Trudy Barnes, Vice President, International, Contract Training and Continuing Education, College of the North Atlantic.

This project will develop and implement improved methods for determining ore grade. To determine gold concentration for grade control, different sorting methods will be developed to reduce the amount of materials shipped and increase valuable ore processed. Anaconda Mining will improve productivity, while increasing CNA’s research capacity.

To make this project a reality, Anaconda Mining is investing $90,000 cash and $102,500 in-kind while the Natural Sciences and Engineering Research Council of Canada (NSERC) College and Community Innovation Program – Applied Research and Development Grants is contributing $225,000 towards the project.

The project will lead to the development and training of students, recent CNA graduates and research assistants. Students from the Chemical Process Engineering Technology program will work on this project as part of their 12-week work term requirement. These students will be trained in sample collection and analysis.

Anaconda is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Labrador and Nova Scotia. The company operates the Point Rousse Project located in the Baie Verte Mining District, comprised of the Point Rousse Project open pit mine, the fully-permitted Point Rousse Project and tailings facility, the Stog’er Tight and Argyle deposits, and approximately 5,800 hectares of prospective gold-bearing property. The company employs over 70 people in the province.

Support for innovation, technology, and workforce development delivers on commitments in The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the provincial government is taking to achieve a strong, diversified province with a high standard of living, and can be viewed at thewayforward.gov.nl.ca.

Quotes
“Developing new and innovative methods to reduce cost and improve productivity are vital to the success of mines in our province. Through this research project, exploration techniques will be developed, productivity will be enhanced and students will be supported and trained. Under the direction of the Innovation and Business Investment Corporation, innovation is evolving in our province, as we continue to grow the pool and capacity of Newfoundland and Labrador’s innovative and growth-focused businesses as set in The Way Forward’s Business Innovation Agenda.”
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation

“Innovation is critical for the future success of our mining industry. Collaboration among government, industry and academia is fundamental to driving that innovation, and is a cornerstone of our future mineral strategy for Newfoundland and Labrador.”
Honourable Siobhan Coady
Minister of Natural Resources

“NSERC is proud to support collaborations that allow research results to be applied to industrial needs. The knowledge and innovative techniques developed from this research will be applicable to mines and service providers across the country and will help to ensure the growth of Canada’s mining sector.”
Dr. Marc Fortin
Vice-President, Research Partnerships, Natural Sciences and Engineering Research Council of Canada

“Anaconda’s core value of resourcefulness has created an environment where innovative thinking is encouraged and innovative ideas are allowed to flourish. Through the implementation of several projects in recent years we have found unique ways to reduce waste, reduce our environmental footprint, improve productivity and increase gold production. We are pleased to continue our relationship with the College of the North Atlantic with this latest initiative to explore opportunities to improve ore sorting and ore grade analysis.”
Dustin Angelo, President, CEO & Director
Anaconda Mining Inc.

“CNA is excited to explore new partnerships with the province’s mining sector that engage the college’s expertise, programs, students and graduates to support exploration and innovative processing technologies. We look forward to this collaboration with Anaconda Mining and the numerous mutual benefits this exciting project has to offer.”
Dr. Michael Long
CNA’s Associate Vice President Applied Research & Innovation

“Though partnerships and innovative practices, Anaconda Mining has become a global leader in the mining industry. The company is a significant contributor to the economy of the Baie Verte Peninsula and this latest R&D project demonstrate Anaconda’s commitment to this region of the province. I am delighted that the provincial government is supporting this partnership between College of the North Atlantic, NSERC ARD and Anaconda which will improve productivity at the Point Rousse Project and provide valuable training for students.”
Brian Warr
MHA for Baie Verte-Green Bay

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Learn More
Anaconda Mining Inc.
Anaconda Mining Inc.

College of the North Atlantic
College of the North Atlantic

Media contact
Eric Humber
Tourism, Culture, Industry and Innovation
709-729-4819, 725-9655
erichumber@gov.nl.ca

Nancy Hollett
Natural Resources
709-729-5777, 685-3372
nancyhollett@gov.nl.ca

Rhiannon Renaud
NSERC
613-995-8079
Rhiannon.Renaud@NSERC-CRSNG.GC.CA

Lynn Hammond
Anaconda Mining Inc.
709-330-1260
lhammond@anacondamining.com

Michelle Jesso
College of the North Atlantic
709-643-7721
michelle.jesso@cna.nl.ca

Kristina George
Government Members’ Office
709-729-5306, 693-7488
kristinageorge@gov.nl.ca

2018 08 02                              1:45 p.m.