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. Our multi-billion dollar mining industry provides a wide variety of commodities to the world market.
The land mass of the province is larger than many countries, such as New Zealand, Germany, and England. It remains relatively underexplored compared to other mineral-rich jurisdictions, thus creating a rare opportunity for mineral resource investment and new mineral finds. There are opportunities for further exploration, as well as joint ventures and investment. Our stable political and regulatory environment provides predictability and security for those looking to invest in the province.