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McIlvenna Bay Mine Progress Is ‘Monumental’ for Saskatchewan, Federal Energy Minister Says

McIlvenna Bay Mine Progress Is ‘Monumental’ for Saskatchewan, Federal Energy Minister Says

From Global News · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • McIlvenna Bay has produced its first copper concentrate, with zinc and pyrite concentrate following in July, according to the federal government and operator Eldorado Gold.
  • The mine is expected to operate for at least 18 years and currently employs about 380 to 400 full-time workers.
  • Eldorado plans to increase processing capacity, begin further exploration and start commercial production in the fiscal third quarter.

Saskatchewan has produced copper concentrate for the first time in more than 20 years at the McIlvenna Bay mine, federal Energy and Natural Resources Minister Tim Hodgson said in Saskatoon.

We have never been more clear-eyed that we must build for ourselves. We must harness our own resources, and we must be masters of our own destiny.

— Tim HodgsonCanada’s federal energy minister linked the mine to efforts to strengthen domestic critical-mineral production.

The mine, about 246 kilometres northeast of Prince Albert, is producing copper, zinc, gold and silver. Eldorado Gold, which recently took over operations, produced its first copper concentrate in June and its first zinc and pyrite concentrate in July. The company expects commercial production to start in the fiscal third quarter.

Hodgson presented the northeastern Saskatchewan project as part of Canada’s effort to build domestic supplies of critical minerals during unsettled trade conditions with the United States. The government says those materials support clean-energy technologies, including electric vehicles. The concentrate is expected to be smelted in Quebec.

McIlvenna Bay is strengthening Canada’s domestic supply of materials that underpin our economy.

— Tim HodgsonHe described the mine’s contribution to national mineral supplies.

“We have never been more clear-eyed that we must build for ourselves. We must harness our own resources, and we must be masters of our own destiny,” Hodgson told reporters. “McIlvenna Bay is strengthening Canada’s domestic supply of materials that underpin our economy.”

This is monumental for this province.

— Tim HodgsonHe praised the mine’s progress during a briefing in Saskatoon.

About 380 people currently work at the site, and Ottawa expects hundreds more jobs as activity increases. Eldorado hopes to raise processing capacity from 4,900 tonnes to 7,000 tonnes a day and plans about 14,000 metres of drilling later this year. “This is monumental for this province,” Hodgson said.

The success of projects like this is measured by more than just production volumes and investment dollars. It’s measured by the opportunities that it creates.

— Tim HodgsonHe emphasized employment and other opportunities created by the project.
About this summary

Originally published by Global News in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.