• 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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  • 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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  • Statement from the Honourable Tony Wakeham, Premier of Newfoundland and Labrador on the Canada Investment Summit

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-09-14 12:15:07.0
    Tags: [Newfoundland and Labrador, National, Economy, Energy, Infrastructure, Resources]

    Newfoundland and Labrador Premier Tony Wakeham announced that while he cannot attend the Canada Investment Summit in Toronto due to a special sitting of the House of Assembly, government officials and a team of representatives will attend to engage with global investors regarding major provincial opportunities. The province highlights its $50-plus-billion capital spend tied to the new Churchill Falls and Gull Island clean energy deal—noted as the largest clean energy investment in North American history—alongside ongoing international profiling of strategic projects such as Bay du Nord and the Churchill projects across the energy, critical minerals, technology, and natural resources sectors.

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