An Antigonish company has secured a major contract that will play a key role in the upcoming restart of the Touquoy Gold Mine in Nova Scotia. Alva Construction Ltd. has been awarded a contract valued at over $48 million to provide services for the project.
The contract is part of a larger investment in the mine restart, which also includes an $8 million agreement with MacGregors Industrial in Thorburn. On April 10, 2026, the Nova Scotia Department of Environment and Climate Change granted the necessary permit approvals to St Barbara Limited to begin processing stockpiled ore at the site.
This project is expected to generate $150 million in economic activity for the province. The restart involves processing approximately 3 million tonnes of ore, which contains about 38,000 ounces of gold.
The initiative is set to create nearly 200 new jobs in the region. Operations are expected to move into the processing stage by late 2026, with gold shipments to the Royal Canadian Mint anticipated to begin in early 2027.