• Ministerial Statement: Minister Parrott Recognizes Opening of Equinox Gold’s Valentine Gold Mine

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-29 16:15:13.0
  Tags: [Newfoundland and Labrador, Mining, Resources, Economy, Industry, Energy]

  Newfoundland and Labrador Minister of Energy and Mines Lloyd Parrott announced the official opening and commercial production of Equinox Gold's Valentine Gold Mine in Central Newfoundland. Equinox Gold plans to invest $436 million over the next two years for a Phase 2 expansion to double its throughput capacity, raising average annual gold production to approximately 223,000 ounces across its 320-square-kilometre property.

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• Premier Wakeham tours Bull Arm Site as OilCo Issues Request for Proposals for Floating Dry Dock Engineering Study

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-23 13:18:27.0
  Tags: [Newfoundland and Labrador, Infrastructure, Energy, Industry, Defence, Labour]

  The Oil and Gas Corporation of Newfoundland and Labrador (OilCo), acting on behalf of Bull Arm Fabrication Inc. (BAF), has issued a Request for Proposals (RFP Reference No. 926000006 via merx.com) seeking qualified proponents to conduct a Pre-Front End Engineering and Design (Pre-FEED) study for a floating dry dock at the 25-square-kilometre Bull Arm Fabrication Site in Trinity Bay. The initiative follows a June 2026 request for expressions of interest that drew 19 submissions from four countries, with over half originating from entities operating within Newfoundland and Labrador. The proposed floating dry dock aims to expand the site's industrial capacity for ship repair, marine construction, offshore support, decommissioning, and defence-related projects. Interested companies must submit their proposals by February 26, 2027.

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• Provincial Government Investing in Marine Low-Carbon Fuels Initiative Through Green Transition Fund

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-15 17:55:28.0
  Tags: [Newfoundland and Labrador, Environment, Climate, Energy, Transportation, Industry]

  The Government of Newfoundland and Labrador, through the Ministry of Jobs, Growth and Rural Development, is investing $365,470 from its $7.75 million Green Transition Fund into the Marine Low-Carbon Fuels Green Transition Initiative. Led by the organization econext, the project will assess, test, and demonstrate renewable fuel options within the province's marine transportation sector. The initiative includes assessing local testing capabilities and carrying out a renewable diesel pilot project aimed at reducing emissions and enhancing industry competitiveness.

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• Newfoundland and Labrador Showcases Defence-Ready Capabilities at DEFSEC Atlantic

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-09 15:20:19.0
  Tags: [Newfoundland and Labrador, Defence, Economy, Industry, Technology, Energy]

  Premier Tony Wakeham and Minister Lin Paddock represented the Government of Newfoundland and Labrador at the 2026 DEFSEC Atlantic exhibition in Halifax to promote the province's defence, aerospace, and security capabilities. The province emphasized strategic assets including 5 Wing Goose Bay, deepwater ports, critical minerals, and clean energy access via the new Churchill Falls agreement. Additionally, local firms Avalon Holographics and SmartICE were recognized at the 2026 Atlantic Canada Aerospace and Defence Association Industry Excellence Awards for innovation and workforce culture.

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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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