Research & Development Corporation of Newfoundland and Labrador
RDC. A Catalyst for Growth.

RDC Investing in Mining and Petroleum-Related R&D Led by Memorial University and the College of the North Atlantic

The Research & Development Corporation (RDC) is investing more than $500,000 in six research and development projects related to mineral exploration and development. The projects are being carried out by researchers at Memorial University and College of the North Atlantic to enhance exploration efforts, improve environmental mitigation strategies, and strengthen opportunities through the purchase of specialized equipment.

The total investment in these projects is approximately $1.1 million, with the balance of funding coming from the private sector and other funding agencies.  Three of the six projects are being carried out in collaboration with private sector companies, further strengthening the relationships between industry and academia in the province’s mining sector.

 

RDC Announces $3 million to be Invested in Mining and Exploration R&D Over Three Years

The Research & Development Corporation (RDC) today announced the renewal of the GeoEXPLORE program, with $3 million available for investment in mineral and petroleum-related research and development (R&D) projects over the next three years.

To date, RDC has invested $2.8 million in the mineral exploration, mining and petroleum sectors through the GeoEXPLORE program. Based on the success of the program to date and recognizing the importance of R&D to exploration success and industry competitiveness, the GeoEXPLORE program has been renewed until March 31, 2017. 

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