The Mayor of St. Lawrence admits the town has been down the road before, but he says there are a few things go...
The Mayor of St. Lawrence admits the town has been down the road before, but he says there are a few things going in favour of operations at the fluorspar mine this time around.
There were high hopes for Canada Fluorspar when it announced it was restarting operations at the mine back in 2017. The provincial government provided the company with a $17 million repayable loan at the time to help get things going, but by February of 2022 the company was laying off workers and filing for interim receivership.
Number one says Pittman was competition with cheaper fluorspar purchased from other countries, but environmental regulations limiting impurities like arsenic are now working in favour of the higher grade ore available locally. Other problems encountered over the years include issues with transportation and what he calls management issues.
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