4 barite ann ually BMSI plans to operate for six months of the year from Ma y to October with a projected 15 year mine life T he operation emplo ys 25 people seasonally and 2 full time emplo yees HiPoint Industries 1991 Limited HiP oint Industries 1991 Limited produces hor ticultural peat and an oil absorbent product called Oclansorb T he company has pro vided Oclansorb to the inter national petroleum indus tr y for o v er tw o decades this lightw eight peat product absorbs oil up to six times its natural w eight Located in Bishop s F alls the operation emplo ys 22 people seasonally with 8 full time emplo yees T rinity Resources Limited T rinity R esources Limited TRL o wns and operates the pyro ph yllite mine and milling operation located in Conce ption Ba y South It also sells w aste roc k for use as ag g reg ates in white cement T he company ships product from its o wn 6acre ship loading facility located within 6 km of the mine and expects to g enerate 14 person years of emplo yment in 2016 DEVELOPING PR OPER TIES Canada Fluorspar NL Incorporated Canada Fluorspar NL Incor porated CFI a subsidiar y of USbased Golden Gate Capital has begun constr uction of a surface and underg round f luorspar mine in St La wrence on the Burin P eninsula T he CFI operation will produce up to 200 000 tonnes of acid g rade f luorspar concentrate ann ually from the A GS V ein and will include a mill tailings manag ement facilities and suppor t ing infrastr ucture T he company states that the mine will require a tw oyear constr uction period and will pro vide a 10 year mine life P eak emplo yment during constr uction is pro jected to be appro ximately 340 w ork ers and the operation phase will create 164 fulltime positions IN ACTIVE MINES T eck Duck Pond Operations T e c k Duc k P ond Operations officially closed on J une 30 th 2015 T he mine star ted producing copper and zinc concen trates in 2007 and exhausted the mineral reser v es o v er an 8 year mine life as originally planned T he project w as located appro ximately 30 km southeast of Miller to wn and consisted of tw o small open pits an under Mining in Newfoundland and Labrador P eat har vesting equipment at HiP oint Industries 1991 Ltd s operation Canada F luorspar F luorite mineralization in cor e R amb ler s concentrate storage shed at Goody ear s Cove