Newfoundland and Labrador sees gold and mining boom amid exploration surge [Yahoo! Finance Canada]
New Found Gold Corp (NFGC)
Company Research
Source: Yahoo! Finance Canada
Valentine Lake goldfield in Newfoundland and Labrador, but it's also a sign that the province's mining sector is riding high, fuelled by high gold prices, successful exploration and federal support that extends to a long list of critical minerals , including fluorspar and manganese. Mining now accounts for nine per cent of Newfoundland and Labrador's real gross domestic product (GDP), second only to oil extraction, and exploration spending is expected to hit $258 million in 2025, continuing four years of expenditures above $230 million and up from $169 million in 2021. “We are a frontier exploration district; it's underexplored,” Amanda McCallum, executive director of industry association Mining Industry NL, said. “These areas represent tremendous opportunities for growth. For instance, on the Burin Peninsula, you're finding polymetallic deposits, not just epithermal gold and porphyry copper—tellurium, copper and other metals are being discovered alongside gold.” The Valentine L
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News
- New Found Gold Rises 5.6% on the Completion of the Queensway Gold Project Expansion [Yahoo! Finance]Yahoo! Finance
- New Found Gold (TSXV:NFG) Is Up 28.2% After High-Grade Keats Zone Drill Results - What's Changed [Yahoo! Finance]Yahoo! Finance
- PALISADES ANNOUNCES FILING OF EARLY WARNING REPORT [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- When Will New Found Gold Corp. (CVE:NFG) Breakeven? [Yahoo! Finance]Yahoo! Finance
- Dundee Corporation Announces Acquisition of Shares of New Found Gold Corp. [Canadian Business Journal (Canada)]Canadian Business Journal
NFGC
Sec Filings
- 12/5/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/28/25 - Form 6-K
- NFGC's page on the SEC website