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Wednesday, March 5, 2014

Mining Industry In New Brunswick Gets High Marks

New Brunswick's mining policy is considered to be the second best in the country and the seventh best in the world, according to the latest Survey of Mining Companies prepared by the Fraser Institute. 

Forty-eight companies hold mineral claims in New Brunswick and many of them are actively exploring. 

Saint John M-P Rodney Weston says the development of shale gas holds great potential and the responsible thing to do is determined whether it can be commercially viable in the province. If it is, Weston says the port will benefit by exporting it worldwide. He agrees with Mayor Mel Norton about there being more reasons for Saint Johnners to be hopeful about the economic future of the city than pessimistic.