The Canadian Mining Journal is Canada’s first mining publication providing information on Canadian mining and exploration trends, technologies, operations, and industry events.
*Information for this article provided by the Department of Natural Resources, Geological Survey, Government of Newfoundland and Labrador.
The world-class Labrador Trough iron mining district has long been a bastion of stability in the often uncertain world of mining.
Having produced more than 2 billion tonnes of ore over 50 years of continuous production, “The Trough” can claim a prominent place in the Canadian mining sector.
Currently, with new mine openings, major expansions at existing operations, and key port and rail upgrades, the district is being reinvigorated with investment capital from around the globe. In the current planning cycle, at least $15 billion of new investment in Labrador may be realized if projects advance to development.
At present, there are three iron ore operations located in the Labrador section of “The Trough:” Rio Tinto IOC (Carol Lake), Cliffs Natural Resources (Wabush Mines), and Labrador Iron Mines (Schefferville/Menihek DSO project).