Canada Fluorspar Inc. (CFI) is planning to develop the St. Lawrence Fluorspar Mine in St. Lawrence, Newfoundland and Labrador, Canada. CFI will mine fluorspar ore from the AGS Vein, produce acid-grade and metspar fluorspar concentrate, and export the product to domestic and international markets. The current estimate of ore in the AGS vein is expected to operate for approximately 10 years. The company also has other fluorspar ore bodies in the vicinity of the AGS, which could be mined after the AGS ore has been exhausted.
The fluorspar deposits of St. Lawrence are known for accessibility, high grades, and absence of impurities. The location of the Project, with an ice-free, deep-water harbour close to major North Atlantic and European shipping routes enhances its strategic position.
KEY POINTS ABOUT THE PROJECTThe Project includes construction, operation, rehabilitation and closure of the mining components:
- Mine development of the AGS Vein.
- Mill facility, with a production capacity of up to 200,000 tonnes per year of acidspar concentrate
- Tailings Management Facility to store 2.8 million tonnes of flotation tailings over the life of the Project
- Infrastructure to support the mine and mill, including access roads, conveyors, administration building, warehouse and maintenance building, employee facilities, concentrate storage building, security building, and electrical building
- Marine Terminal at Blue Beach Cove, capable of handling vessels 10,000 to 65,000 deadweight tonnage