Opportunities in Canadian Mining

Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operations globally.

A substantial progress has been made recently in the Candian mining sector (link). The gold sector ( $Barrick Gold Corp(ABX.CA)$ $Agnico Eagle Mines Ltd(AEM.CA)$ ) has received substantial attention recently, because of many favorable characteristics of gold, including its ability to combat inflation (in the very long term), to diversify the portfolio and to remain stable in various economic turbulence. Special attention should be given to the copper sector (link). The copper ( $Ivanhoe Mines Ltd(IVN.CA)$ $First Quantum Minerals Ltd(FM.CA)$ $Lundin Mining Corp(LUN.CA)$ $Teck Resources Ltd(TECK.A.CA)$ ) is important to the electric vehicle, renewable energy and manufacturing. Especially, recently, some of the countries are restarting their economies. Lastly, Cameco ( $Cameco Corp(CCO.CA)$ ) is one of the largest global providers of the uranium.

While Canada's productivity is continuosly declining (link), the payroll department of Canadian mining companies are struggling because the benefits entitled to the employees are often beyond the maximum allowed by law. Lastly, the domestic mining sector of Canada is very important to its reconciliation to the first nations. For example, Rio Tinto ( $Rio Tinto(RIO.US)$) is a major economy driver of Kitimat, B.C.