Business

Business

3 years ago

Update at IOC Labrador sites

As the wildfire situation begins to improve north of Sept-Iles, a spokesperson for IOC mining operations in Labrador says the company will slowly return to normal operations with the Quebec north shore and Labrador railway. RIO Tinto IOC teams will be conducting inspections, clearing the tracks and start repairing power lines and telecommunication infrastructures. Camps […]

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3 years ago

Fuel prices drop overnight across the Island

The price at the pumps dropped by 5.2 cents per litre overnight on Thursday, and diesel fuel decreased by 1.4 cents per litre on the island. Furnace oil dropped by 1.22 cents per litre, and stove heating fuel on the Island decreased by the same amount. The changes to maximum fuel prices, except for Zones […]

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3 years ago

St. Lawrence Mayor optimistic about new buyer for fluorspar mine

News that the idled St. Lawrence fluorspar mine has a new buyer is creating a buzz on the Burin Peninsula. Although details remain scanty, the mayor of St. Lawrence says people there are excited to hear more later this week. NTV’s David Salter reports.

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3 years ago

Court approves sale of St. Lawrence Fluorspar Mine

The St. Lawrence Fluorspar Mine could soon be back in business, thanks to a new owner.  Today the Supreme Court approved the sale of the mine, but the buyer and purchase price remain sealed by court order. The mine went into receivership in February of 2022.

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