Why Newfoundland is a COPPER Goldmine! 🇨🇦⚡️

September 29, 2026

AI Summary

5 min read

In Newfoundland and Labrador, a gold mine went from discovery to full commercial operation in just five years. Normally, that timeline is 10, 15, or even 20 years. That single data point is not a fluke—it is the signal of a jurisdiction that has deliberately engineered itself to be different from the rest of Canada's mining landscape.

What makes Newfoundland a "favorable jurisdiction"

The speaker, who has worked in mining jurisdictions across the country, describes Newfoundland and Labrador as the most favorable he has ever seen. The key difference is not geology—it is government behavior. In most Canadian provinces, mining companies face a long, expensive, and uncertain permitting process that stretches timelines and kills projects. Newfoundland's government, by contrast, actively promotes mining development rather than merely tolerating it.

The evidence is concrete. Equinox Gold's Valentine Goldmine—now Atlantic Canada's largest gold mine—went from its last deposit discovery to full commercial production in five years. Firefly Metals, to the north of the speaker's own project, is working the same deposit style (copper, zinc, gold) and is expected to be in production next year, having bought the project only a couple of years ago. Newfoundland Gold's Hammerdown mine went into production in a year or two. These are not isolated successes; they are a pattern.

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What you'll learn

1 Why Newfoundland is a COPPER Goldmine! 🇨🇦⚡️ — MEMES Podcast
2 (00:00) **Ad Break** - LinkedIn ad, PayPal ad, and Sweetgreen ad with no substantive content.
3 (01:04) **Newfoundland as a "Favorable Jurisdiction"** - The guest declares Newfoundland and Labrador the most favorable jurisdiction they've ever worked in.
4 (02:09) **Ad Break** - Sweetgreen ad (repeat), Blinds.com ad.
5 (03:37) **Neighbor Privacy and Blinds.com** - Brief anecdote about moving into a new house and realizing how close the neighbors are, leading to a plug for blinds.com.
6 (04:07) **Closing Endorsement** - The guest concludes that Newfoundland's supportive government and fast permitting times make it a standout jurisdiction for mining investment.

+ Full timestamped outline available in the app

Show Notes

Chris Pennimpede, CEO of Canterra MineralsThis video is a paid promotion and was sponsored by Canterra Minerals. The information in this video is being disseminated on behalf of Canterra Minerals. Canterra Minerals website:https://canterraminerals.com/TSXV: CTM / OTCQB: CTMCFI am not a financial advisor and any information shared in this video should not be construed as investment advice or a recommendation to buy or sell the company stock (informational purposes only).SILVER and GOLDhttps://www.youtube.com/playlist?list=PLpCsTbtWwMeruS1YlOoWey5wzIFwiofGs➡️ BUY Silver from FIRST MINT:🚨 DISCOUNT Code: VIPRB 🚨https://firstmint.com/ "From Mine to Mint"🔴 Learn MORE about First Mining Gold:https://firstmininggold.com/or contact [email protected]🧼 25% OFF! Sugar Mountain Trading 🧼Handcrafted curated soaps, shampoo and lotions from Mount Vernon, Kentucky https://sugarmountaintrading.com/🚨 DISCOUNT CODE: RON25 🚨DirtyMan SAFE ✅ https://www.dirtymansafe.com/ 🔥 Use discount code: RON10 for 10% off 🔥 🔥 Or use this link: https://affiliates.dirtymansafe.com/ronsbasement for 10% off and a free gift 🔥 CONTACTS: [email protected]⭐FOLLOW ON 𝕏 (Formerly Twitter)⭐: https://twitter.com/BasementRon ⭐LISTEN ON SPOTIFY⭐: https://open.spotify.com/show/3AcS5O5y8GrnBEdsL92VTI⭐LISTEN ON APPLE PODCAST⭐: https://podcasts.apple.com/us/podcast/silver-gold-investing-global-economics/id1741078463⭐FOLLOW ON RUMBLE:⭐: https://rumble.com/user/RONSBASEMENT🌟You Can Donate To RONS BASEMENT: https://www.paypal.me/RONSBASEMENT THANK YOU! RONS BASEMENT LLC is sponsored by First Mint and is a proud owner of several of their outstanding silver minted products. Ron is sponsored by First Mining Gold and has owned the stock for over 3 years. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell any company stock, meme coin or any other investment product (informational purposes only). Ron may receive compensation from affiliate links and discount codes provided. ***Informational purposes only. Do not buy or sell anything, make any type of investment decision, adopt a puppy, get engaged, or do anything based upon the information I share with you.***#shorts #Silver #Gold #Copper #SilverPrice #GoldPrice #SilverStacking #PreciousMetals #MacroEconomics #WealthProtection #CanterraMinerals