Canada's mining sector surging ahead

September 25, 2007

WHISTLER, B.C. -- With the economic performance of Canada's mining industry the strongest in many years, federal, provincial and territorial mines ministers concluded the 64th Annual Mines Ministers' Conference today. Ministers agreed to press forward in the key areas of regulatory performance, skills development, technology research, geoscience and Aboriginal engagement. This will support the positive economic outlook for the mining sector and build on the Mining Action Plan for Canada agreed to at last year's conference.

The minerals and metals industry contributed some $40 billion to Canada's GDP and 369,000 jobs for Canadians in 2006. The mining sector is expected to continue its positive economic performance with estimates that exploration expenditures in Canada could reach $2.5 billion in 2007, up 33 percent from the previous year.

"The performance of the mining sector continues to be impressive." said the Honourable Gary Lunn, Minister of Natural Resources. "Governments and industry must continue to work together and improve the competitiveness and sustain growth of Canada's mining industry, while making it a world leader in environmental and corporate responsibility issues."

"I am very encouraged with the progress the provinces, territories and federal government have made on mining issues, particularly with regard to regulatory reform", said Minister Krueger. "It is only by working together that governments, communities, Aboriginal peoples and industry can continue to benefit from a strong and sustainable Canadian mining sector."

Now is the time for governments and industry to focus on the future and prepare for intense global competition and future cyclical downturns. Building on their ongoing commitment to enhance the competitiveness of Canada's mining sector, the Mines Ministers agreed to:Ministers unanimously agreed that engagement between governments, Aboriginal peoples, communities, industry and other interested parties is essential to ensuring the long term sustainability of Canada's mining sector. As a result Ministers directed that approaches be explored, including the development of best practices involving government, industry and aboriginal peoples.

As well, the ministers are pleased that mineral exploration companies have received clarification from the Canada Revenue Agency about eligible Canadian Exploration Expenses, which will now include costs of community consultations and baseline environmental assessment studies.

The ministers also discussed several other initiatives pertaining to sustainable mining and environmental protection, including mine closures and site rehabilitation and orphaned and abandoned mines.

Finally, in a joint session of Mines and Energy Ministers, Ministers agreed to support existing and new regulatory improvement processes pertaining to environmental assessments. They also agreed to collaborate with the Canadian Council of Ministers of the Environment and regulatory agencies to develop solutions to improve the regulatory process, while continuing to take action as individual governments.

The Annual Mines Ministers' Conference is an opportunity for the federal, provincial and territorial mines ministers and mining stakeholders to discuss and plan for the future of mining in Canada. The conference helps to ensure that the benefits of mining are realized in every province and territory, and that opportunities for Canadians in mining continue to grow, now and in the future.

The 65th Annual Mines Ministers Conference will be held in Saskatoon, Saskatchewan in 2008.
-end-
For more information, media may contact:

Alyson Robb
Office of the Minister
Natural Resources Canada
Ottawa
613-996-2007

Jake Jacobs
Public Affairs Officer
British Columbia Ministry of Energy
Mines and Petroleum Resources
250-952-0629
Cell: 250-213-6934

Natural Resources Canada

Related Mining Articles from Brightsurf:

Mining rocks in orbit could aid deep space exploration
The first mining experiments conducted in space could pave the way for new technologies to help humans explore and establish settlements on distant worlds, a study suggests.

Foiling illicit cryptocurrency mining with artificial intelligence
Los Alamos National Laboratory computer scientists have developed a new artificial intelligence (AI) system that may be able to identify malicious codes that hijack supercomputers to mine for cryptocurrency such as Bitcoin and Monero.

Deep-sea misconceptions cause underestimation of seabed-mining impacts
A new publication on the impacts of deep-seabed mining by 13 prominent deep-sea biologists, led by University of Hawai'i at Mānoa, seeks to dispel scientific misconceptions that have led to miscalculations of the likely effects of commercial operations to extract minerals from the seabed.

Gold mining restricts Amazon rainforest recovery
Gold mining significantly limits the regrowth of Amazon forests, greatly reducing their ability to accumulate carbon, according to a new study.

Analysing the effects two decades after a mining spill
There has been an important fall in the total concentrations and evolution of the metal fraction towards their more innocuous forms, so the environmental risk is much reduced.

Story tips: Mining for COVID, rules to grow by and the 3D connection
ORNL story Tips: Mining for COVID, rules to grow by and the 3D connection.

Sand mining is threatening lives along the Mekong River
It's a resource used in global construction and mined from rivers and coasts across the world.

Study weighs deep-sea mining's impact on microbes
The essential roles that microbes play in deep-sea ecosystems are at risk from the potential environmental impacts of mining, a new paper in Limnology and Oceanography reports.

All Bitcoin mining should be environmentally friendly
The energy used to mine for cryptocurrencies like Bitcoin is on par with the energy consumed by Ireland.

A nimbler way to track alcohol use -- by mining Twitter and Google searches
Collecting rigorous public health data through large survey-based studies is a slow, expensive process.

Read More: Mining News and Mining Current Events
Brightsurf.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.