PUBLICATION

Global Business Reports

AUTHORS

Elisa L. Iannacone, Sofia Messina, Ben Cherrington, Paola Perez Corona

British Columbia & Vancouver as a Global Mining Hub 2019

July 09, 2019

British Columbia’s miners are in the painful process of reinventing themselves and their methods in order to conform to the requirements of a new era in mining financing. While 2017 marked the first increase in exploration spending since 2012, the province currently lags behind other Canadian jurisdictions such as Ontario and Québec in terms of its ability to attract new exploration activity and investments. In this context, many companies across the value chain — from majors to mid-tiers, through to a plethora of juniors and service providers — are increasingly shifting focus to opportunities to export their expertise to foreign jurisdictions. On the domestic front, the formation of the B.C. Regional Mining Alliance aims to stimulate reconciliation and collaboration between stakeholders. And despite the challenges, Vancouver can still lay claim to being the capital of world mining, with over 800 mining companies and juniors headquartered in the city. Meanwhile, Yukon has become a hotbed of exploration activity, and will welcome three new mines that are expected to enter production over the next six years. In this report, juniors, explorers, financers, producers and regulators based in British Columbia provide their opinions on the current state of the market and on the opportunities and hindrances that it presents. 

RELATED INTERVIEWS MORE INTERVIEWS

Monument Mining is Canadian company that aspires to become a mid-tier gold producer.
SRK Vancouver supports British Columbia and broader Canada with its range of services from exploration to reclamation.
Tembo Power is developing hydropower projects across Africa with a focus on DRC.
Chesser Resources is upbeat about its Diamba Sud gold resource in Eastern Senegal.

RECENT PUBLICATIONS

Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.

MORE PREVIOUSLY PUBLISHED

MACIG

"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."

SUBSCRIBE TO OUR NEWSLETTER