CMIC Programs

Unlocking Canada's Mineral Wealth

Discovery is the first value added component of the mining industry as it is the discovery of a significant concentration of minerals in the Earth's crust that leads to a mine and the consequent derivative economic and strategic benefits.  Across Canada, the financial impact of the mineral industry on the country's economy is considerable as it contributes on an annual basis about $75.2 billion to exports and some $40.3 billion to the GDP (Duke, 2010).  Furthermore, some global commodity markets such as potash and uranium are dominated by Canadian production, thus ensuring an on-going role in the nation's economy, relevance in the global agriculture and energy sectors, and Canadian participation in offering global solutions to conflict commodity trade (e.g. diamonds, tantalum).

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