Baie Verte mine officially opens today

Anaconda Mining and the town of Baie Verte are celebrating the official opening of a gold mine which was first discovered in 1988. Anaconda Manager Allan Cramm says the operation at Pine Cove employs 75 people directly and generates close to a million dollars per month in goods and services. Cramm says current known resources should sustain the operation until 2017 – and with recent exploration success, the future is bright for both the mine and the entire Baie Verte Peninsula.

Source: VOCM

Get our weekly newsletter for in-depth reporting and analysis delivered straight to your inbox. You can unsubscribe from the newsletter at any time. Have a question? Contact us or review our privacy policy for more information.


Sign up for our weekly Indygestion newsletter


Sign up for the Indygestion newsletter

Each Saturday, we'll deliver a recap of all our in-depth reporting and analysis from the week.

Our donors make it possible.

Newfoundland and Labrador’s premiere outlet for progressive ideas is only possible with your support. Will you join us?

This site uses cookies to provide you with a great user experience. By continuing to use this website, you consent to the use of cookies in accordance with our privacy policy.

Scroll to Top