09 Nov Canada offers great prospects for Australian miners: Trade Commissioner tells IMARC
Despite rivalling Australia’s domestic mining sector on the global stage, Canada still offers fresh exploration opportunities for Australian companies, according to Bertrand Raoult, Trade Commissioner, Foreign Investment Attraction from the Consulate General of Canada based in Australia.
Rauolt was speaking to the International Mining and Resources Conference (IMARC) ahead of the online event starting on November 24. The Canadian government is supporting the recalibrated event this year to promote trade and investment opportunities for Canada, specifically to the Australian market
“Canada and Australia are indeed recognised as leading mining nations. The Canadian minerals sector is a mainstay of the economy that supports jobs and economic activity in every region of Canada,” Bertrand said.
“Canada is home to almost half of the world’s publicly listed mining and exploration companies, and the Canadian Government recognises that the relationship between natural resources and clean technologies is integral to Canada’s economy.”
As a result, he said, “Canada offers great prospects for Australian companies willing to explore greenfield opportunities, as well as for companies that already have a presence in the country to expand their current operations or to investigate new projects.”
Canada remains the world’s top destination for non-ferrous mineral exploration, attracting 15% of global exploration budgets in 2018. Mining and mineral exploration companies also spent C$2.3 billion on exploration and deposit appraisal projects in Canada in 2018,” Raoult said.