Newfoundland

 Newfoundland and Labrador is quickly becoming a focal point in Canada’s critical mineral strategy, with exploration and innovation projects positioning the province as a key supplier for the clean energy transition.

Strategic Importance of Critical Minerals

Critical minerals such as copper, zinc, fluorspar, and rare earth elements are essential for renewable energy technologies, batteries, and advanced manufacturing. Newfoundland and Labrador’s geology is rich in these resources, making the province a natural fit for Canada’s push to secure sustainable supply chains.

Key Projects Underway

• Copper Lance Project: Reward Minerals has acquired this project in Newfoundland, located in one of the world’s most prospective volcanogenic massive sulphide (VMS) districts. Early sampling has shown up to 42% copper, alongside silver and gold, highlighting its potential to contribute to global demand.

• Golden Promise Deposit: Novamera Inc. has piloted its breakthrough “Surgical Mining” technology at this site near Badger, Newfoundland. This innovative method allows for low-impact, precision extraction, unlocking deposits that were previously uneconomic

Fluorspar Revival: On the Burin Peninsula, efforts are underway to revive the fluorspar industry. Federal tax credit expansions for critical mineral exploration are expected to support this project, which could supply a mineral vital for steelmaking and clean technologies.

Canterra Minerals Projects: In the Central Newfoundland Mining District, Canterra Minerals is advancing several VMS deposits with copper, zinc, and gold potential. Their exploration programs aim to expand resources and strengthen Newfoundland’s role in critical mineral production,

The Government of Newfoundland and Labrador has released its Critical Minerals Advantage Plan, outlining strategies to maximize the province’s mineral wealth while ensuring environmental responsibility and Indigenous partnerships. Federal initiatives, such as expanded exploration tax credits, further incentivize investment and development.

Looking Ahead

With world-class geology, innovative mining technologies, and strong government backing, Newfoundland and Labrador is poised to become a cornerstone of Canada’s critical mineral supply chain. These projects not only promise economic growth for the province but also contribute to global efforts in building a sustainable, low-carbon future.

In summary: Newfoundland’s critical mineral projects—from copper and fluorspar to innovative mining technologies—are positioning the province as a leader in Canada’s clean energy transition.