5 Facts You Might Not Know About Canadian Mining
As one of the leading mining nations in the world, Canada is known for its rich mining history. Producing over 60 minerals and metals, it goes without saying: the mining industry strongly impacts the nation’s economy; in fact, Canadian mining drives billions of dollars to the region annually.
Moreover, the Canadian mining industry has some of the most advanced scientific and mathematical processes used in any industry.
Here are 5 additional facts you may not know about Canadian mining.
Canadian mining was first explored in the 1500s:
In 1577, Martin Frobisher established a mining operation at Baffin Island. In 1770, fur trader Samuel Hearne traveled across the region west of Hudson Bay to the Coppermine River in search of deposits of copper exploited by Dene people. During these early colonial periods, settlers would exploit small quantities of underground resources, particularly coal, for trade.
Canadian mining industry employs thousands of workers:
According to the Mining Association of Canada, the industry directly employs more than 403,000 workers across the nation in mineral extraction, smelting, fabrication and manufacturing, and indirectly employs an additional 193,000.
Canada – one of the top 5 countries in global production:
According to the Mining Association of Canada, Canada ranks among the top five countries in the global production of 15 minerals and metals, many of which are integral to the low carbon technology needed for a greener future. The country is also a key global producer of copper, nickel, and cobalt. Canada is the largest producer of potash worldwide and the second-largest uranium and niobium producer.
British Columia has rich mining history:
The British Columbia mining industry has had a long and productive history. With its prime location – the province encompasses the largest part of the Canadian mountain belt which flourishes in both minerals and coal. Along with prime ecologic conditions, BC is also an important producer and exporter of copper, gold, silver, lead, zinc, molybdenum, coal and other industrial minerals.
A respected leader in the Canadian mining industry, Vancouver’s Richard Warke founded the Augusta Group of Companies. Richard Warke notes, “Vancouver is one of the world’s leading centres of expertise for mineral exploration.”
Canadian miners earn a competitive salary:
The average salary structure of mining is $84,825 per year or $43.50 per hour in Canada. Entry level positions start at $39,293 per year while most experienced workers make up to $144,203 per year. Even in the midst of a changing industry, mining companies have consistently placed a focus on hiring strong technical talent in engineering, metallurgy and project development, recognizing that those talents are crucial to a successful operation.
An industry that has stemmed from a rich history, the Canadian mining sector is now setting its sights toward the future and is looking forward to the development and adoption of new innovations that will continue to give Canada a competitive advantage in the global economy.