PUBLICATION

Global Business Reports

AUTHORS

Lucrezia Falcidia, Jason Spizer

Newfoundland and Labrador Mining 2021

November 11, 2021

Newfoundland and Labrador offers one of the most extensive mining histories in Canada, with small-scale mining being undertaken as early as the 1770s, and expanding into a major industry by the 1860s, when Tilt Cove was one of the world’s largest copper producers. In many ways, mining has shaped the economic, social and cultural history of Newfoundland and Labrador. 

Today the province offers world-class geology, significant infrastructure and exceptional access to a skilled workforce. During 2020, the province saw the highest amount of claim staking since 2008, with 47,200 claims staked. There were nearly 80,000 claims staked as of July 14th 2021, and the government has received nearly 500 exploration plans. 

This combination of early stage exploration and later stage development, brownfield and greenfield projects continues to excite many in the mining world, and undoubtedly Newfoundland will be an exceedingly important region for mining investors to understand and gain exposure to.

RELATED INTERVIEWS MORE INTERVIEWS

Cyanco is a world leader in production, distribution and safe handling of high-quality solution and solid sodium cyanide based in Nevada.
"We have eight drills currently running and may expand this further to accelerate drill testing of a very large prospective target area."
Tembo Power is developing hydropower projects across Africa with a focus on DRC.
Chesser Resources is upbeat about its Diamba Sud gold resource in Eastern Senegal.

RECENT PUBLICATIONS

Québec and Atlantic Canada Mining 2025

Québec and Atlantic Canada have traversed 2025 in an enviable position. Strong gold prices have buoyed balance sheets and investor sentiment, while global demand for critical minerals keeps the region firmly on the radar of international markets. At the same time, the provinces’ depth of mining expertise – from AI-driven exploration to advanced drilling, blasting, and geophysics – ensures that technological advantage is firmly on their side.

MORE PREVIOUSLY PUBLISHED

MACIG

"We are seeing the development of new projects and much more greenfield exploration in Africa, which is also accelerating its adoption of advanced technologies, with customers increasingly seeking digital solutions."

SUBSCRIBE TO OUR NEWSLETTER