Category: Sustainable Resource Management

With a mission to transform natural resources into prosperity and sustainable development, Vale is a global mining company with headquarters in Brazil. We are leaders in the production of iron ore and the second largest producer of nickel.​

In 1996, Vale Inco acquired the rights to the Vale Inco Newfoundland and Labrador nickel-copper-cobalt deposits located on the eastern edge of a vast expanse of northern wilderness 300 kilometres north of Happy Valley-Goose Bay in Labrador, Canada.

In June 2002, Vale Inco, through its wholly-owned subsidiary Vale Inco Newfoundland and Labrador, and the Province of Newfoundland and Labrador jointly announced an agreement in principle on a $1.9 billion (Cdn. $2.9 billion) plan to develop the Vale Inco Newfoundland and Labrador deposit. The negotiated agreements entered into in early October 2002 consisted of a Development Agreement and an Industrial and Employment Benefits Agreement.

Three years later, in the fall of 2005, operations in Labrador came onstream some eight months ahead of schedule. Currently, concentrate from Vale Inco Newfoundland and Labrador is being sprocessed in Long Harbour, NL.

New World Dairy Inc. is one of the largest commercial dairy farms in Canada. Recognizing the necessity for all farms to manage its environmental impact, NWD has installed a state of the art waste treatment system in the form of an anaerobic digester facility.

The Anaerobic Facility effectively manages all on farm waste by:

• Recovering and recycling solid waste and converting it into reusable bedding;
• Eliminating virtually all harmful organisms from waste materials that are spread on crop land;
• Converting organic nutrients into inorganic nutrients – a process which greatly enhances the ability of plant life to utilize available nutrients when applied to crop land; and
• Producing green energy by capturing the methane produced and burning it in our bio gas generator facility, producing 70% more energy than we consume.

OilCo leads offshore oil and gas activities in Newfoundland and Labrador and is responsible for all exploration pursuits, management of existing offshore assets, and future investment in offshore developments.

The Hibernia field is managed and operated for the owners by Hibernia Management and Development Company Ltd (HMDC). Sound environmental and safety practices have been a priority for HMDC and the Hibernia owners since the discovery of the field in 1979. The Hibernia production platform has been designed using the best available technology in a safe and environmentally responsible way. The Hibernia platform will benchmark safety and environmental responsibility for the industry world-wide during its production life.

Hibernia’s commitment to sound environmental, safety and quality practices is reflected in its Environment, Safety, and Quality Management System (ESQMS). This system fulfills Hibernia’s business needs for safe and environmentally responsible operations. A strong focus by Hibernia personnel on effective environmental and safety training and practices has resulted in a steady improvement in performance over the construction period.

Hibernia received the Association of Professional Engineers and Geoscientists Environmental Award in 1995 and received the Government of Newfoundland Safety Performance Award in early 1996 for 500,000 consecutive hours worked at the Topsides facilities without a lost-time accident.

Equinor is an international energy company with operations in over 30 countries. Building on more than 40 years of experience from oil and gas production on the Norwegian continental shelf, Equinor is committed to accommodating the world’s energy needs in a responsible manner, applying technology and creating innovative business solutions.

A growing part of Equinor’s Canadian operations is offshore Newfoundland, where Equinor has ambitions to become a producing operator. Equinor has built a strong position in the province, managing non-operated production and field developments as well as operating several exploration programs. Equinor has made three discoveries in the Flemish Pass Basin, offshore Newfoundland, and is a partner in the Hibernia and Terra Nova fields as well as the Hebron and Hibernia South Extension developments. For more information about Equinor visit www.equinor.com.

Creating an Emerging Gold Producer in Atlantic Canada

Signal Gold is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, the Stog’er Tight and Argyle deposits, and approximately 5,800 hectares of prospective gold-bearing property.

Signal Gold is also developing the recently acquired Goldboro Project in Nova Scotia, a high-grade Mineral Resource, with the potential to leverage existing infrastructure at the Company’s Point Rousse Project.