• New Brunswick signs deal for Canadian firm to explore old antimony mine

  Source: New Brunswick - Regional News
  Date: 2026-10-27 16:53:35.0
  Tags: [New Brunswick, Mining, Resources, Industry, Economy]

  The New Brunswick government has signed an exclusive exploration agreement granting Toronto-based Avenir Minerals 30 months to study the potential for reopening the former Lake George antimony mine southwest of Fredericton. The historic site, which operated intermittently from 1876 to 1996, was one of North America's largest producers of antimony, a critical mineral used in flame retardants, solar panels, lead-acid batteries, infrared missiles, nuclear weapons, and night vision goggles. Avenir Minerals CEO Alden Greenhouse stated that the exploration process will involve drilling and consultations with First Nations. This initiative follows a similar exploration deal announced by the province with U.S.-based Regeneration Enterprises for an abandoned mine site in northern New Brunswick as part of the provincial Liberal government's efforts to rejuvenate the mining industry.

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• Atlantic business leaders call for regional policies and more natural resource development

  Source: Prince Edward Island - Regional News
  Date: 2026-09-25 21:34:13.0
  Tags: [New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Economy, Trade, Energy, Resources, Mining, Industry]

  The Atlantic Economic Panel, chaired by Don Mills and commissioned by federal Atlantic Canada Opportunities Agency (ACOA) Minister Sean Fraser, released a strategic growth plan calling for the creation of a $1 billion Atlantic prosperity fund to help regional companies scale up. The report recommends greater regional integration, including the establishment of an independent electricity system operator across the four Atlantic provinces, the elimination of interprovincial trade barriers, coordinated immigration policies, and streamlined regulatory processes for major projects. Furthermore, the plan urges a 50 per cent expansion of the region's natural resources sector, bolstered by recent provincial policy shifts such as Nova Scotia lifting bans on fracking and uranium mining and approving five new mines.

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• New Brunswick aiming to attract $30 billion in investment at Toronto summit

  Source: New Brunswick - Regional News
  Date: 2026-09-14 18:07:55.0
  Tags: [New Brunswick, Economy, Finance, Industry, Energy, Mining]

  New Brunswick Premier Susan Holt and provincial officials are attending the Canada Investment Summit in Toronto to pitch eight capital investment projects totaling more than $30 billion. The initiatives include a new nuclear development, a proposed data centre, and the Sisson Mine project, focusing on critical minerals, advanced materials, energy, digital infrastructure, and transportation. University of New Brunswick political science department chair Herb Emery noted that while the summit could yield contracts and commitments, the long-term projects will generate GDP too far in the future to immediately address the province's current budget deficits.

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