Nova Scotia Greenlights Goldboro Gold Mine, Promising Jobs and Billions
NexGold’s Goldboro project clears final hurdles as Nova Scotia bets on mining to drive jobs, growth, and revenue.

Nova Scotia is stepping into a new chapter of economic growth with the announcement of the Goldboro Gold Mine in Guysborough County. The project, approved for industrial operations by the provincial government, will be led by NexGold Mining Corporation. Officials project the mine will create 735 jobs and inject an impressive $2.1 billion into the province’s economy over the coming years. Beyond employment, the mine is expected to deliver $1.1 billion in direct and indirect household income and generate $528 million in tax revenue to be shared among municipal, provincial, and federal governments.
For NexGold, the government’s announcement represents more than just support—it’s the culmination of years of preparation and one of the final hurdles before construction. The company confirmed that it has received its Industrial Approval (IA) for the Goldboro Gold Project, a permit enforceable under Nova Scotia’s Environment Act and essential for the commencement of operations.
The approval was issued following compliance with the project’s Environmental Assessment, secured on August 2, 2022. NexGold initially applied for the IA in August 2023, with the government deeming the application complete in June 2025. After nearly two years of review and revisions, the Industrial Approval outlines stringent conditions designed to guide daily operations and ensure environmental protections.
