Gypsum industry news

Canada: Red Moon Resources says it has shipped over 0.13Mt of gypsum and anhydrite from its Ace mine in western Newfoundland since May 2019. Production is scheduled to continue into late October 2019 and the company is expecting for total production to exceed 0.15Mt in 2019. The company is working with Vinland Materials, a related company, to undertake contract mining operations and secure sales agreements for gypsum and anhydrite.

“We have successfully opened up the Ace mine and will continue to work towards a larger operation,” said Patrick J Laracy, President of Red Moon.
. “We have engaged some of the best operational resources in the area to make the mine a success and ensure its viability. The economic impact in the immediate area is significant with an estimated 45 people employed on a seasonal basis in mining, trucking, port facility, marketing, shipping and supervision. This is in addition to the utilisation of specific services such as drilling and blasting.”

Red Moon uses a deep-water port approximately 10km from the mine to ship the gypsum. The quarry site covers 12 hectares and has the potential for a 10 year mining life at an average production rate of 350,000t/yr. The company says that if it can access markets requiring production rates beyond the Ace mine capacity, the company is prepared to develop other existing gypsum deposits located on its mineral licences, which cover approximately 700 hectares of the historic Flat Bay gypsum mines.

Canada: Red Moon Resources Inc. has said that it will commence development of the Ace gypsum mine in western Newfoundland after it received government approval for its plan for an open pit operation.

Operational work, consisting of scrubbing vegetation and overburden removal, has begun at the site. The Canada-listed explorer is working with Vinland Materials Inc. to undertake contract mining operations and secure sales agreements for gypsum and anhydrite. In addition, it is working towards initiating shipments in 2018, with sales contracts to be sourced by 2019.

Red Moon estimated potential resources of 3-5Mt within the mining lease, which was obtained in October 2017.