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NEWFOUNDLAND - MINING INVESTMENT
Rising as a premier global mining hub, Newfoundland and Labrador, renowned for its diverse natural resources, secured the #4 rank for mining investment worldwide in 2022 according to the Fraser Institute. This recognition highlights the province’s strong policy framework, geological appeal, and investment prospects. Abundant in resources like copper, gold, nickel, cobalt, iron, and rare earth elements, the region entices international mining firms, with expanding sectors fueled by favorable policies and substantial investments. As a Corporate Member of the Mining Industry NL, Gold Hunter aligns with the leading association advocating growth, sustainability, and collaboration for the province’s mining sector.
BAIE VERTE - A HISTORIC MINING DISTRICT
The Baie Verte Peninsula, located in Newfoundland, holds a historic legacy in the global mining sector. Its rich mineral deposits and mining history have been at the heart of Newfoundland’s mining industry.
MINERAL
ABUNDANCE
Known for its abundant mineral deposits, especially copper, zinc, gold, and asbestos.
HISTORICAL SIGNIFIGANCE
Since the 1870s, mining on the Baie Verte Peninsula has played a vital economic
role in Newfoundland.
CURRENT
OPERATIONS
The peninsula hosts active mining and exploration projects, with its abundant geological potential attracting investment.