Canada formally announces Major Projects
NewmontNewmont(US:NEM) MINING.COM·2025-11-14 14:51

Group 1: Infrastructure Projects - Canadian Prime Minister Mark Carney confirmed the second batch of projects to the Major Projects Office, including Northcliff Resources' tungsten proposal, Nouveau Monde Graphite's initiatives, and Canada Nickel's projects [1][2] - The federal government formed the Major Projects Office in August to expedite infrastructure projects and develop critical mineral supply chains outside of Chinese and Russian control [2] Group 2: Company-Specific Details - Canada Nickel's Crawford project is noted for holding the world's second-largest nickel reserves, with a projected cost of C$3.5 billion and an output of 3.5 billion lb. of nickel over a 41-year lifespan [3] - Northcliff Resources' Sisson tungsten-molybdenum project has estimated capital costs of C$579 million and has received major federal and provincial approvals [4] - Nouveau Monde is advancing the Matawinie mine and Bécancour battery material plant, with an expected production of 103,000 tonnes of graphite annually over 25 years and a total project cost of approximately C$1.2 billion [5] Group 3: Additional Projects - Earlier projects referred to the Major Projects Office included Foran Mining's McIlvenna Bay copper mine and the Red Chris copper and gold mine expansion, owned by Newmont and Imperial Metals [6] - The Ksi Lisims LNG project was added to the list, proposing a new gas pipeline and floating LNG export plant with a capacity of 12 million tonnes per year [7] - The Nukkiksautiit Hydro project aims to save C$1.9 billion in diesel costs over 50 years for Iqaluit, with Ottawa granting C$6 million to the project [8]