The Mining Association of Canada | The Canadian Mining Story: Economic Impacts and Drivers for the Global Energy Transition 2023 15 After decreases in nonmetals and coal in 2020, all mineral production elements increased in 2021. The total value of Canadian mineral production in 2021 was $55.5 billion, up from $46.3 billion in 2020 and $48.1 billion in 2019. The total value of minerals production has tripled since 2002. Metals are responsible for the majority of this growth. Figure 2: Value of Canadian Mineral Production, 2000-20218 Unit of Measure 2012 2021 (p) Change Quantity $ Value Quantity $ Value Quantity $ Value (millions) (millions) Gold t 106 5,705 215 13,717 103% 140% Coal kt 66,471 5,881 41,809 7,965 -37% 35% Iron ore kt 38,892 4,875 37,772 6,495 -3% 33% Potash (K20) kt 8,976 6,343 13,953 4,820 55% -24% Copper kt 560 4,454 521 4,507 -7% 1% Nickel kt 204 3,546 149 2,597 -27% -27% Sand and gravel kt 239,307 1,823 185,652 1,994 -22% 9% Platinum group t 22 644 22 1,810 0% 181% Diamonds 000 ct 10,529 2,006 17,827 1,677 69% -16% Stone kt 152,977 1,559 97,211 1,057 -36% -32% 0 5 10 15 20 25 30 35 40 Metals: $35.7 Billion 2000 2005 2010 2015 2020 Nonmetals: $11.9 Billion Coal: $8 Billion $ Billion Figure 3: Mineral Production, Selected Minerals, 2012 and 20219 Canada’s top 10 minerals and metals (see Figure 3) each had projected production values of more than $1 billion in 2021. Five (gold, potash, copper, iron ore, and coal) were valued at more than $4 billion. Since 2012, production quantity of six of the top ten minerals and metals has declined. An increase in some commodity prices means that only four of the top ten have seen declines in the value of production. 8 Natural Resources Canada, Minerals and the Economy. 2021 data is preliminary. As of 2017, Statistics Canada is no longer conducting the monthly survey of cement, and values are no longer included in Canada’s mineral production. Cement production has been excluded from previous years for comparability. 9 Natural Resources Canada, Canadian Mineral Production. 2021 data is preliminary. For metals, quantity refers to the recoverable metal in concentrates shipped.
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