Mining Association of Canada | 2023 Report

The Mining Association of Canada | The Canadian Mining Story: Economic Impacts and Drivers for the Global Energy Transition 2023 67 Junior companies account for most of the companies with assets abroad (88.1%) but a low share of the total value (6.4%) because of the high value of the mines owned by senior companies. Canadian Direct Investment Abroad (CDIA) in mining is an indicator of the industry’s international presence. Figure 4: Geographic Distribution of Canadian Mining Assets48 48 From Natural Resources Canada’s Canadian Mining Assets Information Bulletin, February 2023. 49 Statistics Canada. Table 36-10-0009-01 International investment position, Canadian direct investment abroad and foreign direct investment in Canada, by North American Industry Classification System (NAICS) and region, annual (x 1,000,000). Figure 5: Canadian Direct Investment Abroad, Mining and Related Industries49 Mining (except oil and gas): $106.1B 2000 2005 2010 2015 2020 2025 Non-metallic product manufacturing: $0B Primary metal manufacturing: $3.7B Fabricated metal product manufacturing: $6.9B 20 0 10 40 60 80 100 120 Billions of Dollars