A national alliance of mineral exploration and mining associations are urging Energy and Mines Ministers—having convened for their 75th annual conference in Iqaluit—to adopt recommendations and take action to ensure Canada can compete with other jurisdictions as an attractive destination for mineral investment, an area that has been stagnant in recent years.
A brief submitted by the Canadian Mineral Industry Federation (CMIF) details seven policy areas where collaboration and action by federal, provincial and territorial governments can boost Canada’s ability to attract new mineral investment. It is critical there be support for the industry in its efforts to produce the minerals and metals increasingly in demand for societal needs including for the transition to a low carbon economy, and to continue responsibly generating economic opportunities for all Canadians.
Striving to restore Canada’s position as the world’s top mineral exploration and mining jurisdiction is imperative to the long-term health of the industry. CMIF looks forward to working with government, industry, communities and Indigenous partners to support a sustainable and competitive Canadian mineral industry.
“There is a critical need to address Canada’s waning mineral investment and the various challenges impacting Canada’s position as the top jurisdiction in the world to invest and explore—a reputation that until recently was undoubtedly ours. We want to ensure the Canadian mineral industry thrives and is globally competitive in order to responsibly discover and produce the minerals and metals needed for modern society and continue to generate significant economic benefits. Canada’s mineral industry looks forward to working with governments, Indigenous communities and stakeholders towards proactive solutions to enhance Canada’s mineral industry competitiveness,” says PDAC President Glenn Mullan.
“Canada’s mining industry sets the global standard for socially, economically and environmentally responsible mining, and commitments made today by Energy and Mines Ministers, if implemented properly, have the potential to boost these efforts by providing needed support for one of Canada’s most important economic sectors. Further advancement of the Canadian Minerals and Metals Plan is an encouraging step forward in addressing some of the challenges our industry is currently facing and for positioning our sector for future success, both within Canada and internationally,” says Pierre Gratton, President and CEO of The Mining Association of Canada.
About the Prospectors & Developers Association of Canada (PDAC)
The Prospectors & Developers Association of Canada (PDAC) is the leading voice of the mineral exploration and development community. With 8,000 members around the world, PDAC’s mission is to promote a globally-responsible, vibrant and sustainable mineral sector that encourages best practices in technical, operational, environmental, safety and social performance. PDAC is known worldwide for the annual PDAC Convention—the premier international event for the industry. It has attracted over 25,000 people from 135 countries in recent years and will next be held March 3-6, 2019 in Toronto.
About the Mining Association of Canada (MAC)
The Mining Association of Canada (MAC) is the national organization for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, and mined oil sands, and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
About the Canadian Mineral Industry Federation (CMIF)
The Canadian Mineral Industry Federation (CMIF) comprises more than 20 national, provincial and territorial associations that represent various components of the Canadian mineral and mining industry.
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