Global Business Reports is delighted to be back in Newfoundland and Labrador, where a staking and investment boom has been underway for the past two years. Our report investigates the latest developments across the value chain, from government’s continued commitment to attract more mining investment through financial incentives, regulatory stability and transparency, to the junior explorers and mid-tier developers betting big on Newfoundland’s future as a leading mining jurisdiction.
GBR’s research covers progress made in year three of Newfoundland and Labrador’s Mining the Future 2030 action plan, which has helped encourage important developments, such as New Found Gold’s doubling of its drill program at Queensway to 400,000 m, and Marathon Gold’s plan to begin construction at its Valentine gold project in early 2022.
Moreover, our reporting highlights the important historical impact mining and industry have had in shaping the economic, social and cultural history of Newfoundland, which ultimately contributes to its appeal. For today’s mining companies the province offers world-class geology, significant infrastructure and exceptional access to a skilled workforce.
The following pages are the culmination of interviews conducted with key decision makers to provide a holistic view of the companies and themes shaping the industry in the area today. We thank all our interviewees who have taken the time to provide their insights into the market.