PUBLICATION

Engineering & Mining Journal

AUTHORS

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

British Columbia, Yukon and Vancouver Mining 2019 E&MJ Release

April 18, 2019

Vancouver can lay claim to being the capital of the global mining industry, with over 800 mining companies and juniors headquartered in the city. However, despite 2017 marking the first increase in exploration spending since 2012, B.C. lags behind domestic rivals Québec and Ontario in terms of its ability to attract exploration activity and investment. 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 in foreign jurisdictions. On the domestic front, the formation of the B.C. Regional Mining Alliance aims to stimulate reconciliation and collaboration between stakeholders. Further north, 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: Victoria Gold Corp’s Eagle mine, Goldcorp’s Coffee project, and Western Copper and Gold’s Casino project. Vancouver is also home to a diverse range of companies instrumental in dictating the future of the industry, working with international counterparts to develop solutions that are transforming processing technology, allowing companies to identify new deposits and enhance mine safety.

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