Newfoundland's Next Big Boom: One Discovery, a Dozen Opportunities
- James Tarrant
- Jun 25
- 3 min read

Anteros Metals discovered copper, gold, and silver at its Havens Steady property on June 16th. In Newfoundland, a significant discovery doesn't merely hit the headlines. It builds momentum right across the province, and everyone gets going.
Why is This Discovery Important
Anteros' property is in the central Newfoundland mineralized belt, where companies have worked for decades. But things are different here. The metals they've discovered—specifically copper—are in global demand for clean energy, electric vehicles, and technology. So it's not only a local win. It's part of a much larger story.
Further Discoveries Spurring the Flame
Anteros is not alone. Two other recent discoveries are helping to put Newfoundland on the map as a rising star in Canadian mining:
Churchill Resources discovered high-grade silver—up to 395 grams per tonne—at its Black Raven site, northwest of Gander. They also found signs of gold and antimony, essential in energy storage and semiconductors.
In the meantime, on the historic Buchans property, Canterra Minerals drilled a 60-metre-wide copper interval with strong grades. That's generating visions of a new open-pit mine in one of the province's oldest mining communities.
The two findings combined hint at something bigger: a zone on the brink of a mining resurrection.
Why Small Businesses Are Right at the Center
Newfoundland mining isn't driven by giants alone—a healthy complement of small and medium-sized businesses maintains it. Every discovery is an opportunity for them. Companies such as Hi-Point Industries of Bishop's Falls supply natural absorbents to hold spills in place on site. In Springdale, Peter's Equipment Rentals supplies the drills, generators, and mobile equipment that keep crews working in the sticks.
EXP Services, operating throughout Atlantic Canada, offers environmental studies and engineering services—essential elements of any exploration program. Beothuk Energy seeks to use renewable power in remote mining operations to make the sector environmentally friendly. Whether it may be—safety equipment, fuel, air surveys, or environmental consulting—these firms are fueling the industry's growth while growing their operations.
Lone Prospectors Taking Advantage
Not just established companies benefit. Individual prospectors all over Newfoundland are putting in the work, getting out into the field, and staking claims to promising ground. Some work part-time and maintain other jobs. Others prospect full-time, sweeping the ground with hand-held GPS units and soil samplers. When an extensive discovery makes the news, it creates renewed interest—and sometimes an entire wave of new claims to the surrounding region.
Jobs and Emerging Skills
Mining already generates over 8,000 person-years of work annually and contributes more than 9% to the GDP of Newfoundland and Labrador. Discoveries reaffirm that the number will only grow higher. Colleges are preparing students. The College of the North Atlantic trains students in trades, natural resources, and mining engineering. And high school programs such as Mining Your Future are getting teenagers excited about a career in it.
Indigenous Partnerships Are Key
Close Indigenous partnerships are business as usual throughout Canada's mining industry, and Newfoundland is no exception. Indigenous local companies are participating in permitting, monitoring, and logistics. These collaborations are not just about ethics—concepts introduce more sustainable, equitable projects and more resilient communities for all.
Clean Tech and Smarter Mining
Mining today is not just about digging; it is about doing it correctly. Anteros and others are gravitating towards environmental responsibility, and Indigenous entrepreneurs are utilizing technologies like drones, AI mapping, and real-time data tracking to reduce environmental impact and maximize efficiency. This proves that Newfoundland's mining industry isn't merely resource-rich but also innovation-rich.
Not Simply Local Successes
What's newsworthy is that these findings align with worldwide trends—copper powers wind turbines, solar panels, and electric cars. Silver and gold are used in electronics. Antimony—the lesser-known Churchill Black Raven site element—is on Canada's list of critical minerals since it involves technology and defence. So when Newfoundland taps new deposits, it benefits the island and contributes to the world's effort to make a cleaner, more integrated world.
Want In? Here's How
You don't need to be employed by a mining company to benefit. There are plenty of openings around this growing business:
Prospectors: Anyone with a permit and some training can claim new land and search for discoveries.
Local providers: Snow clearing, lodgings, food, and transportation make remote work locations possible.
Drones, Data and Software
Creative professionals: Grant writers, marketers, media producers—all looking for how to get their message heard and grow. Government programs like the Junior Exploration Assistance Program and CanNor offer funding and support for new business and partnership opportunities.
Final Word
From Anteros' high-grade find at Havens Steady to Churchill's silver find and Canterra's possible copper find in Buchans, Newfoundland and Labrador, it is ready for something big. This time, it's not just the big players taking part. Small businesses, students, technicians, and entrepreneurs are all finding new ways to get involved with an industry poised to lift off. The future of mining here is not just promising. It's already happening.



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