PUBLICATION

Global Business Reports

AUTHORS

Lina Jafari, Ben Cherrington, Carl-Johan Karlsson

Québec Mining 2019

April 17, 2019

GBR is back in ‘La Belle Province’ to provide a first-hand account of the current mining landscape in a world-class jurisdiction with unique institutional support. Québec hosts a diverse portfolio of minerals and metals that play a key role in the move towards green energy and the booming battery electric vehicles market, in addition to significant precious metals reserves and high grade iron ore from the Labrador Trough. As Eldorado Gold and Osisko Mining ramp up development at Québec’s next gold mines, a host of juniors look for the next discovery of significance, spurred on by the federal government’s decision to renew the mineral exploration tax credit (METC) until 2024. Parallel to this, a burgeoning Montréal tech community is working in collaboration with its international counterparts to develop solutions that are transforming processing technology, allowing companies to identify new deposits, and enhancing mine safety in jurisdictions across the globe.

RELATED INTERVIEWS MORE INTERVIEWS

DGSC works with mining companies to provide customized supply solutions for dis-tributed Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) across Canada.
CSA Global provides technical and expert services, training and independent corporate advice to the mining industry.
The Fonds de solidarité FTQ is a Québec development capital organization dedicated to investing in local businesses to further economic development.
Volvo Group Peru is expanding its market share in the region and increasingly focused on opportunities in the construction segment.

RECENT PUBLICATIONS

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.

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MACIG

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