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ARTICLE · 23 NOVEMBER 2018

Mining The Future 2030: A Plan For Growth In The Newfoundland And Labrador Mining Industry

McCarthy Tétrault
McCarthy Tétrault
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On November 2, 2018, the Provincial Government of Newfoundland and Labrador (the "Government") released Mining the Future 2030 – A Plan for Growth in the Newfoundland and Labrador Mining Industry ("Mining the Future").

CanadaEnergy and Natural Resources

On November 2, 2018, the Provincial Government of Newfoundland and Labrador (the "Government") released Mining the Future 2030 – A Plan for Growth in the Newfoundland and Labrador Mining Industry ("Mining the Future"). The industry development plan was created in collaboration with Mining Industry NL, a not-for-profit industry association that represents all sectors of the province's mineral industry. Mining the Future is part of The Way Forward, a policy initiative launched in 2016 to guide the Government's actions in strengthening the province's economic sustainability and growth.

Currently, Newfoundland and Labrador has eleven operating mines which produce, among others, iron, nickel, copper, cobalt, and gold. The province ranks fifth in Canada for value of mineral production and contributes 46 per cent of iron ore and 26 per cent of nickel mined nationally. In 2017, the Fraser Institute ranked Newfoundland and Labrador 4th nationally and 11th globally in its

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