An Expert's View about Mining and Quarrying in Canada

Posted on: 26 Jun 2012

Canada is one of the world's leading mining countries and largest producers of minerals and metals. Non-metallic minerals will continue to dominate production.

Mining A Top Export Prospect for Canada May 2012 Overview Canada is one of the world's leading mining countries and largest producers of minerals and metals. Non-metallic minerals will continue to dominate production, followed by coal and metallic minerals. Approximately 60 percent of the world’s exploration companies are Canadian, spending more on exploration programs than any other country. The Canadian metals and mining industry reported revenues of $39.46 billion in 2010, and is forecasted to grow at a compound annual growth rate of 11.7 percent through 2015. About two-thirds of the mining equipment market, approximately two billion dollars in 2010, was supplied by U.S. exports. This is expected to grow to $2.62 billion by 2015. Sub-Sector Best Prospects • Specialty mining • Mining equipment replacement parts • Exploration, drilling, and mine construction services • Environmental remediation services • Mining safety and security equipment and services Opportunities • Northern Plan (Plan Nord) Mining Projects – approximately eleven mining projects to be launched in the coming years with an estimate of US$8.13 billion in investments. • Mount Milligan Mine, BC: gold-copper mine construction started in 2010. • Galore Creek Development, BC: copper/gold/silver mine; in feasibility study phase. • Potash One’s Legacy Project, SK: $2.8B awaiting environmental permits, financing. Major upcoming events/trade shows supported by CS Canada in this sector: • PDAC 2012 Mining Investment Show: March 4-7, 2012, Toronto, ON • Plan Nord: Opportunities in Projects and Infrastructure Event: April 3-5, 2012, Quebec, QC • Canadian Institute of Mining, Metallurgy & Petroleum Show: May 6-9, 2012, Edmonton, AB • MINExpo International 2012: September 24-26, 2012, Las Vegas, NV Top US cts in 2 Export Prospe Canada 2012: Mining Web Resources • The Mining Association of Canada Natural Resources Canada Prospectors and Developers Association of Canada For More Information Please contact Connie Irrera, Commecial Specialist for mining at the U.S. Commercial Service in Canada at or (514) 398-9695 ext. 2262. You can also visit our website at The U.S. Commercial Service — Your Global Business Partner With its network of offices across the United States and in more than 70 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting Disclaimer: The information provided in this report is intended to be of assistance to U.S. exporters. While we make every effort to ensure its accuracy, neither the United States government nor any of its employees make any representation as to the accuracy or completeness of information in this or any other United States government document. Readers are advised to independently verify any information prior to reliance thereon. The information provided in this report does not constitute legal advice. The Commercial Service reference to or inclusion of material by a non-U.S. Government entity in this document is for informational purposes only and does not constitute an endorsement by the Commercial Service of the entity, its materials, or its products or services International copyright, U.S. Department of Commerce, 2012. All rights reserved outside of the United States.
Posted: 26 June 2012

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