3 ing will be used and extracted ore will be cr ushed and screened on site Ore will be tr uc k ed less than 5 km to TSMC s railloop and railed to Se ptIsles T he company plans to begin the Ho wse project constr uction in 2017 with a sev en to ten month constr uction period fol lo w ed b y immediate production T he company has estimated an elev en year mine life An en vironmental preview re por t w a s recei v ed b y the De par tment of En vironment and Conser v ation on April 20 th 2016 and is cur rently being review ed T he project is also subject to review under the Canadian En vironmental Assessment Act 2012 and is under g oing a se parate en vironmental assessment with the Canadian En vironmental Assessment Ag ency Atlantic Minerals Limited Atlantic Minerals Limited AML beg an commercial produc tion in 1996 and is located at Lo w er Co v e on the P o r t au P o r t P eninsula AML is a leading w orld producer of c hemical g rade limestone c hemicalg rade dolomite and constr uction ag g reg ates Product is expor ted b y v essel from its 2000 tonnesper hour shiploading marine ter minal located adja cent to the mine T he operation has 88 year round emplo yees plus seasonal jobs at the site that increase the total person years of emplo yment to 151 AML s quar r y expansion project to access highg rade calcium limestone reser v es adjacent to its cur rent mining lease in the W hite Hills area on the P o r t au P o r t P eninsula w as released from en vironmental assessment in A ugust 2016 T he expan sion w ould extend existing operations for appro ximately 25 years based on estimated ann ual production of tw o million tonnes of highg rade calcium limestone and one million tonnes of dolomite limestone T he quar r y extension is planned for 2017 Anaconda Mining Incorporated Anaconda operates an openpit g old mine and mill at Pine Co v e on the Baie V e r te P eninsula as par t of its P oint R ousse Project T he project emplo ys 95 people and produced 16 023 ounces of g old v alued at 244 million during its fiscal year ended Ma y 2016 T he project has been consistently producing g old since the summer of 2010 after completing an upg rade to its milling infrastr ucture Mill throughput is appro ximately 1200 tonnes per da y with a reco v e r y rate of 84 87 at an a v erag e histori cal g rade of 18 gm per tonne Last year Anaconda beg an blending ore from its Stoger Tight satellite de posit Anaconda is exploring and ev aluating three g old trends in the vicinity of Pine Co v e and the recently acquired Viking proper ty as it w orks to expand its reser v es to extend the project life bey ond 2019 Rambler Metals and Mining Canada Limited Rambler Metals and Mining Canada Limited RMM o wns and operates the underg round Ming copper g old mine and the Nug g et P ond base and precious metals milling facility on the Baie V e r te P eninsula Copper and g oldric h ore from the Ming mine is tr uc k ed about 40 km to the Nug g et P ond g old h y dromet mill and copper f lotation circuit for processing Copper concentrate is shipped through the company s por t facility at Goodyear s Co v e T he project directly emplo ys 165 people T he company is transitioning from the Phase I highg rade massi v e sulphides Ming Mine to Phase II integ ration of the Lo w er F ootw all Zone LFZ ore Phase II will mean increased production a m u c h long er life of mine from 6 to 21 years and a g reater capital in v estment in the Baie V e r te area T h e company has recently secured project financing for this expansion Barite Mud Services Incorporated Barite Mud Ser vices Incor porated BMSI has been re process ing tailings since 2015 from ASAR CO s for mer basemetal mine in Buc hans to produce barite for use in the offshore drilling industr y Appro ximately 40 000 to 50 000 tonnes of tailings will be re processed to yield 10 000 to 15 000 tonnes of Mining in Newfoundland and Labrador Atlantic Minerals Low er Cove Anaconda Open pit at Pine Cove