Hudbay mining company to expand operations in Manitoba’s north
A mining company with almost a century of experience in Manitoba plans to expand its operations in the northern part of the province.
Hudbay Mineral Inc.’s New Britannia expansion in Snow Lake, located almost 700 kilometres north of Winnipeg, will increase production and benefit both the local and provincial economy, according to Agriculture and Resource Development Minister Ralph Eichler.
"Hudbay's expansion of its Snow Lake operations over the next few years is good news for northern communities, the mining industry and the province as a whole," said Eichler in a statement.
There are provincial incentives for the mining companies operating in the province.
Under the Manitoba Mining Tax Act, companies are allowed to deduct processing allowances from profits when taxes are calculated.
For the New Britannia expansion, the province increased those allowances.
"Providing incentives for mining companies to develop operations in the province helps reinforce Manitoba's position as a mining-friendly jurisdiction," said Fielding. "Since the mining sector is a major employer, especially in northern Manitoba communities, and a key driver of the economy, stimulating industry development ultimately benefits the entire province."
As part of the expansion, Hudbay will refurbish the gold plant and add a new copper flotation facility, both of which are meant to increase production.
Richard Trudeau, director of human resources, external and Indigenous affairs for Hudbay, said the expansion continues a long history of mining in the province.
"Hudbay's story began here in Manitoba and after nearly a century, our commitment to Manitoba continues, as today marks the start of an exciting new chapter for our company, the Town of Snow Lake, and the province,” said Trudeau.
CTVNews.ca Top Stories
Ottawa public school board, 3 Toronto-area school boards launch lawsuit against social media giants
The Ottawa-Carleton District School Board and three school boards in the Toronto-area have launched legal action against social media giants, accusing them of "disrupting students' fundamental right to education."
Several flight attendants from Pakistan have gone missing after landing in Canada
Multiple flight attendants from Pakistan International Airlines have abandoned their jobs and are believed to have sought asylum in Canada in the past year and a half, a spokesperson for the government-owned airline says.
Tipping is off the table at this Toronto restaurant
A Toronto restaurant introduced a surprising new rule that reduced the cost of a meal and raised the salaries of staff.
Rainfall warnings of up to 90 mm among weather alerts in effect for 7 provinces
Rainfall warnings of up to 90 millimetres, air quality advisories and other alerts have been issued for seven Canadian provinces, according to the latest forecasts.
King Charles calls for acts of friendship in first public remarks since Kate's cancer diagnosis
King Charles III gave public remarks for Maundy Thursday, addressing the importance of acts of friendship, following his and Catherine, Princess of Wales’ cancer diagnoses.
A Nigerian woman reviewed some tomato puree online. Now she faces jail
A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business.
Ukrainian child asylum seekers in St. John’s get class of their own
Roughly 50 children will gathered in a St. John’s classroom for the first time on Saturday for unique lessons on Ukrainian language, culture and history.
Donald Trump assails judge and his daughter after gag order in N.Y. hush-money criminal case
Donald Trump lashed out Wednesday at the New York judge who put him under a gag order that bars him from commenting publicly about witnesses, prosecutors, court staff and jurors in his upcoming hush-money criminal trial.
A fight to protect the dignity of Michelangelo's David raises questions about freedom of expression
Michelangelo's David has been a towering figure in Italian culture since its completion in 1504. But in the current era of the quick buck, curators worry the marble statue's religious and political significance is being diminished.