Minerals

Canada is one of the largest mining nations in the world, producing about 70 minerals and metals.

Preliminary estimates show that total exploration expenditures for 1996 were $873 million, a major increase from the $718 million spent in 1995.

Precious metals were the principal target for exploration in Canada in 1995. Some $277 million, or about 40% of total exploration expenditures, was directed toward precious metals, chiefly gold.

Diamond exploration expenditures totaled $147 million in 1995 and were likely to total $147 million and $124 million in 1996 and 1997.

In 1996, more mines opened or re-opened then the amount of mine that closed and/or were suspended, resulting in a modest net gain in direct mining jobs.

More than 60% of Canadian non-fuel minerals production is accounted for by Ontario (33%), Quebec (19%) and British Columbia (12%). Producing mines are found in all provinces and territories except Prince Edward Island.

Mineral Facts