"There is still industry interest in the BEV market, but also a hesitance to invest in this space, and the adoption rate has not been nearly as quick as we might have anticipated several years ago."
"Our high-quality assets, Detour Lake and Macassa, and organic pipeline projects establish Ontario as a core operating region for Agnico Eagle's future growth."
"Many clients prefer partners who are familiar with their specific environments, so we aim to support them directly from where they operate, and we are currently opening a new office in Thunder Bay."
MACIG 2025 - Mining in Africa Country Investment Guide
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.