Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th annual review of the top 40 mining companies, which examines global trends in the industry, future success will depend on whether global miners can take a […]
Annual Report 2021
A year in review of MAC activities and achievements.
‘Rapid development’ of mines ‘urgently required’ – Canada’s resources minister
Accelerating mine development could be a pressing issue for the country’s left-leaning Liberal Party government as it looks to support the energy transition, said Jonathan Wilkinson, Canada’s Minister of Natural Resources.
MAC cheers Canadian government’s $3 billion budget commitment to mining
The Mining Association of Canada (MAC) is welcoming the government’s “forward-looking vision” for the mining sector as proposed in Budget 2022.
Advocates praise critical minerals commitments in federal budget
Mining advocates say new investments in Canada’s critical minerals sector could benefit the North but more direct supports are needed to offset the high costs of exploration.
Financial Post Podcast – What challenges lie ahead in trying to build Canada’s new clean supply chain?
Prime Minister Justin Trudeau and his cabinet have described the energy transition as an opportunity — a chance to build a new clean supply chain that can power the economy for decades.
Global EV demand creates once-in-a-generation opportunity for Canadian mining sector
Ottawa is set to pour an “unprecedented” amount of public money into the mining and metals sector as growing global demand for electric vehicles creates what industry insiders say is a once-in-a-generation opportunity for Canadian resources.
Federal budget has welcome news for Canadian mining exploration for critical minerals
The new federal budget presented this past week has some welcome nuggets for the mining exploration industry. The Mining Association of Canada (MAC) said it was pleased with the “unprecedented support and extensive measures” which includes $80 million for a public geoscience and exploration program, along with an improved tax deal for critical minerals related to […]
Canadian miners cheer Ottawa’s critical minerals budget plan
Canadian miners say Ottawa’s plan to spend C$3.8 billion ($3.02 billion) to boost domestic production of lithium, copper and other strategic minerals should help propel the country’s efforts to become a key part of the global electric vehicle supply chain.
Canadian miners cheer Ottawa’s critical minerals budget plan
Vale says spending plans show Ottawa “has a real opportunity to become a global ESG champion of critical minerals and the EV battery supply chain.
