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With its great diversity and mineral potential, the province of Newfoundland and Labrador is host to a number of base metal, precious metal and industrial mineral deposits. This combined with ongoing and future production from its offshore oil reserves makes this province unique amongst its peers.
Mining is one of Newfoundland and Labrador's largest and oldest industries, and a major contributor to the economy of the province. This vibrant, high-tech sector directly provides high-paying jobs to more than 4000 men and women province-wide. Expenditures by mining and exploration companies and the industries that supply them, continue to help support communities in all corners of the province.
A total of sixteen mineral commodities are currently produced in the province. These include metals such as iron, nickel, copper, zinc, antimony and gold, as well as industrial minerals like slate and barite. These minerals are key components of products that we use daily and that are vital to our way of life.
Since 2005, four new mines came into production in Newfoundland and Labrador. Several more advanced projects are moving closer to production stage. Exploration at grass-roots to advanced levels is being carried out by the mineral industry throughout the province. These efforts help to ensure the continuation of the all-important discovery of new prospects. To that end, government continues its strategic investments to enable and encourage this exploration, which is vital to the health of the industry.
The Mines Branch of the Department of Natural Resources produces a number of publications and brochures on the exploration and mining industry in Newfoundland Labrador. Minfo, the Mineral Resources Information newsletter is produced by Mines Branch as an avenue to promote the mineral industry in Newfoundland and Labrador. It contains industry and exploration updates, current research, prospecting information and upcoming events.