Gold
The Island of Newfoundland represents an emerging, underexplored gold district, where focused exploration for precious metals was essentially non-existent prior to the early 1980’s. Gold has been mined from epithermal (gold-copper) and orogenic (gold-only) deposits, and as a by-product in several volcanogenic massive sulphide (VMS) operations. Production from orogenic and VMS deposits is continuing, and a number of new advanced projects are targeting similar deposit styles. Ongoing exploration is also directed at both high- and low-sulphidation epithermal deposits. Recent option- and joint-venture-agreements, coupled with new claim-staking, indicate renewed interest in these underexplored terranes.
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Iron Ore
The Labrador Trough of western Labrador and adjoining Quebec is host to world-class deposits of Proterozoic iron ore that have been mined for more than half a century. This 1,100 km-long belt contains several major open pit deposits which together have produced in excess of 2 billion tonnes of iron ore. Existing reserves and resources suggest the region could see production for many decades to come. Strong demand for iron in recent years has spurred new developments in the region and plans for expansion at existing operations. Substantial resources have been dened and there is ample room for new investment.
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VMS
Well-preserved volcano-sedimentary terranes that constitute much of Central Newfoundland comprise a highly prospective, base-metal-rich greenstone belt of early Paleozoic age. This part of Newfoundland includes well-known mining camps dating back to the mid-19th century, as well as deposits in or nearing production, and an array of advanced base-metal exploration projects. Production has been derived from volcanic-hosted massive sulphide deposits (VMS) formed in a variety of paleotectonic settings. Polymetallic (Zn-Pb-Cu-Au-Ag) deposits occur in calc-alkalic rocks in more mature arc environments, whereas copper-dominated deposits are hosted by primitive ophiolitic and tholeiitic rocks. Although, by their nature, VMS deposits are relatively small, there are two world-class VMS mining camps in the northeast Appalachians; the giant Bathurst camp and the very high-grade Buchans orebodies. Many of those in Central Newfoundland are high-grade and/or gold-rich (e.g., Rambler camp). Thus, they are attractive exploration targets. Newly identied resources are being dened in these prolicvolcanic terranes, and active exploration projects are yielding impressive drill results.
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REE
Newfoundland and Labrador has one of the largest undeveloped Rare Earth Elements (REE) deposits on the planet. The province is enriched with valuable, heavy REE and critical minerals that are needed for sustainable technologies of the future.
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FAQs
Newfoundland and Labrador is geologically diverse and is richly endowed with a wide spectrum of minerals, including iron ore, base and precious metals, uranium, tungsten, molybdenum, antimony, and rare earth and industrial minerals.
What resources are found in Newfoundland and Labrador? ›
Mining and minerals is one of Newfoundland and Labrador's most valuable natural resources. Minerals mined in the province include iron ore, nickel, copper, zinc, gold, aggregates, cobalt, silver, dolomite, limestone, peat and pyrophyllite.
Which Canadian provinces top 2 profit the most from mining? ›
That's what the Fraser Institute says in its latest “Annual Survey of Mining Companies.” Can you guess which provinces they are? Canadian provinces Saskatchewan and Manitoba are now the world's most attractive jurisdictions for mining investment.
Where is most of the mining done in Canada? ›
Mineral production by province and territory
In 2021, Quebec ceded its place as the largest mining producer by value of production in Canada to British Columbia.
What is Newfoundland and Labrador known for producing? ›
The largest commodities in Newfoundland and Labrador agriculture are Dairy, Chicken, Eggs, Greenhouse and Nursery, and Vegetables.
What is the main source of income in Newfoundland and Labrador? ›
The largest industries by revenue in Newfoundland And Labrador are Hospitals in Newfoundland, Petroleum Refining in Newfoundland and Copper, Zinc & Lead Refining in Newfoundland, which generated $9.6b, $5.2b and $4.0b in 2023. 1.
Who owned Newfoundland before Canada? ›
Newfoundland and Labrador remained under British rule until joining Canada in 1949.
What is Newfoundland rich in? ›
A number of mines and quarries on the island produce gold, silica, barite, dolomite, gypsum, dimension stone, sand, gravel, and peat. The province's forests support pulp and paper mills, as well as a sawmilling industry. education: Newfoundland and the Maritime Provinces.
What is the most valuable mineral in Canada? ›
Canada produced 60 minerals and metals at almost 200 mines and 6,500 sand, gravel and stone quarries. The value of Canada's mineral production reached $55.5 billion in 2021. Gold was the top-ranked commodity by value of production in Canada in 2021 with a value of $13.7 billion.
Where is gold found in Canada? ›
This circular chart graph shows Canada's annual gold mine production for 2022. Ontario was the leading producer of gold in Canada at 92.9 tonnes (46%), followed by Quebec at 54.1 tonnes (27%), British Columbia at 20.4 tonnes (10%), Yukon at 4.6 tonnes (2%), and Manitoba at 3.2 tonnes (2%).
In fact, the mining industry is one of the largest contributors to greenhouse gas emissions worldwide today. As recently as 2021, Canada alone produced emissions equivalent to 670 megatonnes of carbon dioxide, a significant portion of which was attributed to oil mining activities.
What is the most contaminated mine in Canada? ›
Faro Mine is one of the largest open-pit lead-zinc mines in the world. Mining waste at the site covers over 26,000 football fields, 1 metre deep, with contaminated water. The site of Giant Mine, a former gold mine, contains 237,000 tonnes of toxic arsenic—enough to fill 9,480 dump trucks.
What town in Canada grew because of mining? ›
Glace Bay grew rapidly as its 11 collieries, owned by the Dominion Coal Company, drew thousands of workers, including new immigrants.
What is Canada's biggest natural resource? ›
Oil and gas: Canada's richest natural resource
- The value of Canada's energy resources is more than 75 times greater than the country's other natural resources combined, according to new data from Statistics Canada.
- In 2022, energy products were also Canada's largest export, valued at nearly $230 billion.
Yearly Exports
In 2023 the top exports of Newfoundland Labrador were Petroleum oils, oils from bituminous minerals,... (C$ 6.6B), Iron ore, concentrate, not iron pyrites,... (C$ 1.54B), Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 1.26B), Nickel unwrought, not alloyed (C$ 893M), and Frozen Crabs (C$ 615M).
What is the main industry in Newfoundland and Labrador? ›
The largest industries by revenue in Newfoundland And Labrador are Hospitals in Newfoundland, Petroleum Refining in Newfoundland and Copper, Zinc & Lead Refining in Newfoundland, which generated $9.6b, $5.2b and $4.0b in 2023. 1.
What is manufactured in Newfoundland and Labrador? ›
Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world.
What is mined at the Red Dog mine? ›
The mine is the world's largest producer of zinc and has the world's largest zinc reserves. Red Dog accounts for 10% of the world's zinc production.
