Construction of a new gold mine in northern Manitoba is underway, marking the first new mining venture in the province in over 15 years.
The Toronto-based Alamos Gold-led mine is projected to focus on two gold deposits and take a lifespan of 27 years, Prime Minister Wabkinu said at a groundbreaking ceremony on March 25 in Lake Lin, a town more than 1,000 kilometres north of Winnipeg.
Kinow says the Lynn Lake Gold project is expected to create jobs and have lasting economic impacts on northern Manitoba, first through construction jobs and then through mining jobs.
Mining Minister Jamie Moses also attended the eventsaid the construction will create more than 600 jobs, and the mine will provide around 450 jobs during operation.
Alamos signed a revenue sharing agreement with Marcel Colomb First Nation in 2023. This includes job creation and training provisions and policies that prioritize local employment.
Marcel Colon’s First Nation Chief Delhihart called the project “historical.”
“After living for many years on the outskirts of mining towns on our own traditional land, this is the first time our country has been involved in a mining project since the industry entered our traditional land,โ Hart said in a statement.
Kinow said the mine also gives the province and Canada an opportunity to increase trade with other countries.
“More than ever, we need to create economic opportunities for our states and lay the foundations for new trading partnerships,” Kinow said.
Mining projects come as Canada is trying to diversify its trade partnerships so that it becomes less dependent on the US amid ongoing trade disputes.
US President Donald Trump slapped 25% tariffs on imports of Canadian products that are not covered by the country’s joint trade deals. Imports of steel and aluminum, and 10% of energy products. He is also considering tariffs for the Canadian timber and dairy industry. More tariffs are expected to come into effect in April after US officials finish review of existing trade agreements.