Canadian Body Cites Australia As Model For Mining Investment

The Mining Association of Canada (MAC) has stressed Canada’s need for more mining investment, citing Australia as an example of a country that had seized opportunities in this area.

Though Canada remained the world’s top destination for non-ferrous exploration spending in 2017, its international competitiveness has slipped in recent years.

Australia’s mining supply sector surpassed Canada’s in 2016, and by 2017, this gap expanded with Australia adding over 200 firms to its list.

In 2018, the Great White North was trailing the Land Down Under by nearly 800 firms, according to statistics from InfoMine.