FREDERICTON – The provincial government welcomed the news today that the Sisson Mine received the federal government’s environmental assessment approval.
This step, along with the provincial environmental impact assessment approval and the accommodation agreement with First Nations, has allowed the project to reach significant milestones. It can now proceed with taking future steps, including solidifying offtake agreements and raising financial capital.
“Your government understands that creating jobs and growing the economy are important to New Brunswickers,” said Premier Brian Gallant. “The economic impact of the Sisson Mine project will be huge for New Brunswick. The federal environmental assessment approval moves this project one step closer to putting hundreds of New Brunswickers to work.”
“The Sisson project will bring about significant new economic opportunities to the people of New Brunswick,” said federal Fisheries, Oceans and Canadian Coast Guard Minister Dominic LeBlanc. “During construction and operations, it will create jobs and generate business opportunities, for Indigenous peoples and nearby communities. This project will also help rejuvenate New Brunswick’s mining industry and add a source of tungsten to Canada’s mineral production.”
The Sisson Partnership will invest an estimated $579 million in the mine development which will create 500 jobs during the construction phase and another 300 ...