Historically Proven and Internationally Recognized
The province of New Brunswick has a longstanding history of mining, is a proven producer of world-class mines and consistently achieves global recognition as a leader among mining jurisdictions.
New Brunswick’s diverse geology – rich in mineral potential including base metals, precious metals, potash and salt, as well as other industrial aggregates, peat, and hydrocarbons – is the foundation for its world-class rankings among mining jurisdictions.
Earlier this year, the Fraser Institute again recognized New Brunswick as an industry leader by ranking it as the jurisdiction with the second-best mining policy in Canada and the seventh-best in the world in its annual Survey of Mining Companies.
In fact, New Brunswick has consistently ranked among top jurisdictions worldwide since the start of the Fraser Institute Survey of Mining Companies in 1997. For the second straight year, New Brunswick was recognized in the top 10 jurisdictions internationally with the province ranked as the most attractive jurisdiction in the world for potential in mineral exploration and development in 2011-2012.
In addition to a diverse geology and attractive mining policies that offer an extensive industrial development infrastructure, a comprehensive regulatory regime and a competitive tax regime, New Brunswick’s mining sector boasts a prime global location that is geographically accessible for exploration and home to a highly-skilled workforce and exploration incentives.
Located on Canada’s East Coast, New Brunswick is closer to Europe than any other seaport in the United States. The province is home to two year-round, ice-free, deep-water ports and hosts several industry-leading integrated couriers, making the province easily accessible to mining companies.
New Brunswick’s network of forestry roads is another major attribute for accessibility to remote areas for mining exploration and development. Many modern and uncongested highways linking the province’s major cities to the rest of Canada and the State of Maine provide even greater accessibility for mining exploration and development.
Almost 50 companies currently hold mineral claims in New Brunswick, many of which are actively exploring. Numerous important mining projects are currently on the horizon for the province. In northern New Brunswick, the Caribou lead-zinc mine near Bathurst is progressing to a restart of operations within the next year. In central and southern New Brunswick, major deposits of tungsten, molybdenum, tin, antimony and gold have been located, and the Mount Pleasant deposit containing the largest undeveloped indium resource in the world is in the early stages of mine development. Additionally, the Sisson Project, a tungsten and molybdenum mine projected to be the largest mine in the province in terms of daily ore production is currently undergoing environmental review and could see construction start in the near future. The $2 billion expansion of the Piccadilly potash mine in the Sussex area is yet another of the upcoming mining projects slated for the province.
With a diverse geology and longstanding history in mining and ongoing and upcoming projects on the horizon, New Brunswick is the ideal place for mining investment. Come learn what New Brunswick has to offer as a historically proven and internationally recognized leader in mining!