The Mining News

Canada has been a leader in mineral exploration and extraction for over 50 years. Canada is the largest single exporter of oil to the United States, and Alberta is the #2 oil supplying region in the world. Mines in Quebec, Saskatchewan, British Columbia, Ontario, and Alberta extract enormous quantities of aluminum, coal, potash, copper, diamond, gold, nickel, uranium, zinc, oil, and natural gas that are shipped throughout the world. Over half of the world’s 2300 mining related companies are listed on Canadian stock exchanges, and 40% of the world’s mining companies are based in Canada. In 2006 over $440 billion dollars worth of mineral and fuel related natural resources were exported throughout the world.

Mineral exploration is the segment of the industry that is responsible for identifying new assets for mining companies to exploit. Staking a claim and moving to production is a process that can take years. Exploration workers face the most rugged terrains and weather conditions in identifying viable assets.
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