The program is designed to de-risk and attract private investment for exploration leading to viable projects. I
Government has released a $4.3 million Critical Minerals Plan. The investment includes $3 million for Critical Mineral Geoscience using artificial intelligence and remote sensing technologies to speed up the collection, processing and availability of data. $1.3 million will go to the Junior Exploration Assistance Program for projects exploring for critical minerals. The program is designed to de-risk and attract private investment for exploration leading to viable projects. In this province, 34 minerals have been identified as critical in the transition to a green economy. Nickel, copper and cobalt, high-grade low impurity iron ore helps reduce greenhouse gas emissions in steel manufacturing and has the potential for further value-added activity as a green steel input. The mineral industry generated 9,000 person years of employment in 2022 and 11.5 per cent of the 2021 provincial GDP.
Power outages affecting North Shore of Bay of Islands, Gallants area
TCH near Flat Bay Junction is now partially open following a motor vehicle accident
Donations being accepted at Staples until August 27th as part of their “Stuff the Backpacks” annual event
Major cabinet shuffle today and Humber-Gros Morne MHA Mike Goosney has a new role
National Day for Truth and Reconciliation is a holiday this year for employees with the city of Corner Brook
