New Start for Fluorspar Mine in St. Lawrence

June 13, 2023. Following efforts by the Provincial Government and a court appointed monitor, a new buyer has been confirmed for Canada Fluorspar (NL) Inc. (CFI) and its fluorspar mine in St. Lawrence. The Honourable …

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Canada Fluorspar Inc. | LinkedIn

Canada Fluorspar Inc. | 969 followers on LinkedIn. CFI will mine high quality fluorspar ore from the AGS Vein, produce acid-grade fluorspar concentrate, and export the product to domestic and international markets. The current resource estimate of the AGS vein indicates the mine will operate for approximately 10 years. CFI has also identified other fluorspar …

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Exploring a Future for the St. Lawrence Mine

Like us on Facebook. Media contact. Kelly-Anne Roberts. Industry, Energy and Technology. 709-729-5248, 327-7005. [email protected]. 2022 03 11 4:05 pm. In an effort to explore a future for Canada Fluorspar Inc. (CFI) and its employees, the Provincial Government and Bridging Finance Inc. are to provide funds by way of a …

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Will China's trade agenda squeeze fluorspar supply?

Canada Fluorspar Inc. (CFI:TSX.V) has plans to restart an existing mine in the St. Lawrence region. If Canada Fluorspar's mining operation comes back on-line (as is planned), it will generate a ...

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Judge approves St. Lawrence mine sale process, with …

(Canada Fluorspar Inc.)But it won't be easy. According to court documents, the company lost $30 million in 2020 and $44 million in 2021.

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Darrin Kitchen

Chief Financial Officer. Canada Fluorspar Inc. Jun 2023 - Present 6 months. St. Lawrence Newfoundland and Labrador Canada.

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First Shipment of Fluorspar in Over 30 Years …

Jul 31, 2021 | 11:31 AM. Canada Fluorspar Inc and the town of St. Lawrence are celebrating a milestone in the local industry with the first shipment of fluorspar from the town in over 30 years. The first shipment …

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Fluorspar (Acid Grade) Market 2023 International Business …

PUNE, April 03, 2023 (GLOBE NEWSWIRE) -- Fluorspar (Acid Grade) Market information for each competitor includes (Mexichem,Minersa,Tertiary Minerals,Kenya Fluorspar,British Fluorspar ...

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Fluorspar Holdings PTE Purchases St, Lawrence …

Jun 13, 2023 | 1:29 PM. Singapore-registered Fluorspar Holdings PTE Ltd is the new owner of the St. Lawrence fluorspar mine. The Supreme Court of Newfoundland and Labrador approved the sale of the Canada …

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Canada Fluorspar Inc.

Canada Fluorspar (NL) Inc. (CFI), a company owned by Golden Gate Capital, is planning to develop the St. Lawrence Fluorspar Project in St. Lawrence, Newfoundland and Labrador, Canada. CFI will mine high quality fluorspar ore from the AGS Vein, produce acid-grade fluorspar concentrate, and export the product to domestic and international ...

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Canada Fluorspar Inc. | LinkedIn

Canada Fluorspar Inc. | 1,034 followers on LinkedIn. CFI will mine high quality fluorspar ore from the AGS Vein, produce acid-grade fluorspar concentrate, and export the product to domestic and ...

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New St. Lawrence fluorspar mine owner eyes November

AMED, through a newly created subsidiary called Fluorspar Holdings PTE Ltd., has purchased Canada Fluorspar Inc., the former operator of the St. Lawrence mine, for $25 million. The sale was approved last week by the Newfoundland and Labrador Supreme Court following a 15-month insolvency process, and was formalized just prior to …

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Fluorspar mining in Newfoundland makes a comeback …

The $10 million facility is a project of Canada Fluorspar (NL) Ltd., as part of its overall mine operation. Construction of this facility began in May and the contractor, RGI, is about finished. Bill Dobbs, CEO of Canadian Fluorspar Inc. - Contributed. Bill Dobbs, CEO of CFI, told SaltWire completion of that terminal will mean the company will ...

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New St. Lawrence fluorspar mine owner eyes November for …

AMED, through a newly created subsidiary called Fluorspar Holdings PTE Ltd., has purchased Canada Fluorspar Inc., the former operator of the St. Lawrence mine, for $25 million. The sale was ...

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Canada Fluorspar Inc. | LinkedIn

Canada Fluorspar Inc. Mining St. Lawrence, NL 1,053 followers Follow View all 58 employees Report this company About us CFI will mine high quality fluorspar ore from the AGS Vein, produce acid ...

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Canada Fluorspar Inc Stock price

4 151 M $. Other Agricultural Chemicals. Stock. Equities. Stock Canada Fluorspar Inc - Bourse de Toronto. Canada Fluorspar Inc (CFI.TSXV ) : Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Canada Fluorspar Inc | Bourse de Toronto: CFI | Bourse de Toronto.

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N.L. government to gamble up to $3M more to help save St

Canada Fluorspar is 100 per cent owned by California-based Golden Gate Capital, which has invested about $238 million US in equity financing since acquiring the company in 2014.

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$5 Million Investment in Canada Fluorspar (NL) Inc. to …

March 15, 2017 – St. Lawrence, NL – Atlantic Canada Opportunities Agency . The ongoing work to re-activate the fluorspar mine in the Town of St. Lawrence, on the province's Burin Peninsula, received a major boost today through a repayable contribution of $5 million for Canada Fluorspar (NL) Inc. (CFI-NL) from the Government of Canada.

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Hundreds Face Layoffs as St. Lawrence Mine Owner Files For …

Feb 22, 2022 | 12:14 PM. (Image via Canada Fluorspar.) Residents of the Burin Peninsula are reeling after learning that hundreds of people employed at the Fluorspar Mine in St. Lawrence are facing layoffs. Employees were notified after Canada Fluorspar, which operates the mine, filed for interim receivership, according to Mayor Kevin Pittman.

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Canada Fluorspar Inc. | LinkedIn

Canada Fluorspar Inc. | 1,067 followers on LinkedIn. CFI will mine high quality fluorspar ore from the AGS Vein, produce acid-grade fluorspar concentrate, and export the product to domestic and international markets. The current resource estimate of the AGS vein indicates the mine will operate for approximately 10 years. CFI has also identified other …

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docs.grantthornton.ca

Interim Receiver of Canada Fluorspar (NL) Inc., and Canada Fluorspar Inc., (the "Interim Receiver ' or the "Applicant') pursuant to the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA") for an Order substantially in the form filed with the Application was heard this 1 day of March, 2022.

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New Start for Fluorspar Mine in St. Lawrence

2023 06 13 12:15 pm. Following efforts by the Provincial Government and a court appointed monitor, a new buyer has been confirmed for Canada Fluorspar (NL) Inc. (CFI) and its fluorspar mine in St. Lawrence. The …

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Fluorspar Market Report: Production, Suppliers, Industry

Production of fluorspar was estimated at 9.2M tonnes in 2021. In general, the total production indicated a moderate increase from 2007 to 2021: its volume increased at an average annual rate of +3 ...

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St. Lawrence Fluorspar Marine Shipping Terminal Project

Canada Fluorspar (NL) Inc. is majority-owned by investment funds affiliated with Golden Gate Capital of San Francisco, California, USA. CFI was registered as a corporation in NL in 2009. Canada Fluorspar (NL) Inc. P.O. Box 337, St. …

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Canada Fluorspar – Receiver Update

Canada Fluorspar (NL) Inc. & Canada Fluorspar Inc. – Update. Pursuant to an Order [Appointing Interim Receiver] made on February 21, 2022, of the Supreme Court of …

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Canada Fluorspar Inc. | LinkedIn

Canada Fluorspar Inc. | 957 Follower:innen auf LinkedIn. CFI will mine high quality fluorspar ore from the AGS Vein, produce acid-grade fluorspar concentrate, and export the product to domestic and international markets. The current resource estimate of the AGS vein indicates the mine will operate for approximately 10 years. CFI has also identified …

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Supreme Court approves sale of insolvent St. Lawrence fluorspar …

A judge has approved a plan to sell an insolvent St. Lawrence fluorspar mine, mill and marine terminal to a new owner, with a formal share purchase agreement to be formalized as early as Friday. The purchaser plans to restart the operation, though a timeline has not been revealed. Those owed money by Canada Fluorspar Inc., however, can …

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With 260 jobs at risk, receiver appointed to stave off Canada Fluorspar

The future of a major employer on the Burin Peninsula is in doubt, as creditors are scrambling to keep Canada Fluorspar from shutting down. The company's mining operation in St. Lawrence employs 260 people, who are at risk of losing their jobs. There are provincial tax dollars at stake as well. In 2017, the government issued a $17 …

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AMED FUNDS ANNOUNCES THE COMPLETION OF ITS PURCHASE OF CANADA FLUORSPAR

12 Jun, 2023, 17:43 ET. TORONTO, June 12, 2023 /CNW/ - AMED Funds ("AMED") and Clariti Strategic Advisors TM ("Clariti") are pleased to announce the completion of the purchase by a portfolio ...

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AMED FUNDS ANNOUNCES THE COMPLETION OF ITS PURCHASE OF CANADA FLUORSPAR

TORONTO, June 12, 2023 /CNW/ - AMED Funds ("AMED") and Clariti Strategic Advisors TM ("Clariti") are pleased to announce the completion of the purchase by a portfolio company of AMED Fund IV of Canada Fluorspar Inc., the parent company of the Canada Fluorspar mine in St. Lawrence, NL ("Canada Fluorspar"). The transaction closing …

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FLUORSPAR: CFI bought up by US investment firm

FLUORSPAR: CFI bought up by US investment firm. NEWFOUNDLAND – The Ontario Superior Court has given its blessing to the sale of Canada Fluorspar Inc. …

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St. Lawrence, a boom-bust N.L. town, endures …

After investing hundreds of millions into the operation, Canada Fluorspar Inc. has run out of cash, and the business is now in the hands of a receiver as creditors scramble to restructure the mine ...

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St. Lawrence Fluorspar Mine Back in Business with New Owner

Jun 6, 2023 | 12:41 PM. The idled St. Lawrence fluorspar mine has a new buyer, breathing new hope and optimism into the Burin Peninsula region. Supreme Court Justice Alexander MacDonald approved the sale this morning, erasing more than a year of stress and uncertainty over the future of the mine and its roughly 250 workers. The identity of the ...

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