PUBLICATION

Global Business Reports

AUTHORS

Razvan Isac, Ty Jeevaratnam

Québec Mining 2016 Pre-Release 2

April 21, 2016

Québec’s mining industry climate has changed considerably over the past three years in terms of legislative stability, commodity prices, and mineral diversification. With a new government in power and a new mining code finally implemented, investors’ confidence in the viability of this jurisdiction has been reinforced. Gold producers across the province have been ramping up efforts, and benefiting from the favorable CAD/USD exchange rates, while the industry’s iron ore segment has experienced a slowdown as a result of the global market conditions. Meanwhile, Québec has seen activity intensifying within its non-traditional mineral spectrum, with the advent of feasible projects in diamonds, apatite, and electric metals. All throughout, despite the industry’s ups and downs, Québec’s mature service sectors providers have continued to innovate, and expand their operations on a global scale, shaping the world’s mining scene. Amidst all the changes, after attending PDAC in Toronto, and spending several weeks in Val D’Or, Rouyn-Noranda, and Québec City, Global Business Reports is proud to showcase its mining research, one that we hope will continue to inspire the “moderate optimism” the market has been experiencing in recent months.

 

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