Canada is the third largest copper producer in the world, after Chile and the USA. The copper industry in Canada grew by nearly 50% in 2011 and come 2016, the Canadian copper industry is expected to have a volume of over 600 thousand metric tons, an increase of 11% since 2011. The production of copper in Canada is associated with the production of other metals (and sulfuric acid). There is no Canadian copper mine whose revenue from its domestic operations is derived entirely from copper. Most of Canada’s base metals are hosted by massive sulfide sources (e.g. the Sudbury complex) as well as porphyry deposits, (e.g. the Highlands Valley Porphyry).
British Columbia, Ontario, Quebec and Manitoba account for most copper production in Canada, with British Columbia being the largest. Ontario, the second largest copper-producing province, owes much of its importance to the Sudbury region where the metal is recovered in conjunction with nickel. Copper production in Manitoba is centered around copper smelter in Flin Flon. Minor amounts of copper are recovered in the Atlantic provinces, the Yukon, and the Northwest Territories. Voisey's Bay in Newfoundland and Labrador will produce copper as a by-product of nickel and cobalt when it starts production later in the decade.
Barrick Gold, First Quantum Minerals Ltd., and Teck Resources Limited are the top players in the industry. The copper division for Teck Resources includes interests in the Highland Valley Copper mine located in south central British Columbia, the Antamina mine in north central Peru, the Quebrada Blanca and Carmen de Andacollo mines located in Chile, the Duck Pond copper-zinc mine located in central Newfoundland, and the Galore Creek mine located in northwestern British Columbia. Since
The copper industry in Canada is concentrated and is represented by a limited number of large, multinational players offering similar products and services within each segment. In this industry scenario, Taiyou Research analyzes the Copper Industry in Canada. The report covers the following:
An industry definition.
A brief analysis of the Global mining industry.
An analysis of the Canadian copper industry includes an industry statistics, market value and volume analysis, a regional market share analysis, and an analysis of industry trends.
Competition in the industry is analyzed through competitive landscape.
Major players are analyzed through a company profile.
An industry forecast completes this comprehensive coverage of the Canadian Copper Industry from Taiyou Research.