First Research Canadian Industry Profile

The Canadian metal ore mining industry includes about 70 establishments (single-location companies and units of multi-location companies) that generate annual revenue of about $20 billion, according to the Mining Association of Canada. Major companies include Agnico-Eagle Mines, Barrick Gold, Cameco, Goldcorp, and Yamana Gold; foreign companies with mining operations in Canada include Glencore (UK) and Vale Limited (Brazil). Canada ranks among the top five nations in production volume of uranium, nickel, cobalt, niobium, platinum, aluminum, and gold.

Demand for metallic minerals is driven primarily by industrial production and secondarily by consumer demand for precious metals. Global pricing and trade ... plus: