QSA's Week in Mining (#5, 2024)
Canada invests in critical minerals; Oil and gas cap draft regulations released; Trans Mountain expansion impacts discussed; Upcoming critical minerals announcement; Funding for Labrador mining.
Start Date: 2024-11-02
End Date: 2024-11-08
Top Headlines
Main Stories
Canada Invests in Critical Minerals in Newfoundland and Labrador
On November 6, 2024, Natural Resources Canada announced an investment of over $660,000 to support the Labrador West Transmission Study through the Smart Renewables and Electrification Pathways Program. This funding is intended to upgrade transmission lines and facilitate mining projects in Labrador West, including iron ore and critical minerals. Additionally, $1 million was allocated to the Geological Survey of Newfoundland and Labrador for generating geoscience data to aid nickel, copper, cobalt, and platinum exploration. This initiative positions the province as a key supplier for clean technology minerals.
Sources: ['Announcements: www.canada.ca']
