ST. LAWRENCE, N.L. – The first fluorspar concentrate from Canada Flourspar Inc.’s (CFI) mine in St. Lawrence is just about ready to ship, according to Burin-Grand Bank MHA Carol Anne Haley.
“I am confident the freighter we see leave port this week will be the first of many leaving the Burin Peninsula for markets around the world,” Haley said in a release Wednesday, Aug. 8.
“St. Lawrence has once again established itself as a major player in the mining industry in this province, and will be an important contributor to the economy for many years to come.”
The release indicated the first shipment will leave port in Marystown with 4,700 tonnes of fluorspar aboard.
CFI has an arrangement with Kiewit Offshore Services to use its Cow Head facility for shipping the mineral.
Haley said the St. Lawrence mine became one of her top priorities from the time she was elected.
“Government met with CFI officials on numerous occasions to negotiate a deal that was good for the province, good for the Town of St. Lawrence, and good for the company. I believe the deal we signed last year is indeed a good deal for all parties,” she said.
“The $17 million repayable loan was our commitment to ensuring work at a site that has the potential to last at least 30 years, providing thousands of person-years of work to CFI’s employees, as well as being a huge benefit in spin-off to the service industry throughout the Burin Peninsula.”