Gold & Silver Ore Mining in Canada
The Gold and Silver Ore Mining industry in Canada has experienced growth over the past five years, largely been driven by increasing production of gold, as gold prices have fallen slightly. While silver prices have fallen, the value of silver is substantially lower than gold and it accounts for a minor share of revenue. Over the next years, the industry is likely to continue to grow. While gold prices are forecast to fall slightly, several new gold mines will be beginning operations and domestic production of gold is forecast to continue to expand.
The Gold and Silver Ore Mining industry in Canada mines and prepares ores valued primarily for their gold or silver content. Some companies process ore into concentrate or bullion on-site, while others maintain refining facilities abroad. Companies in this industry can also store and delay the sale of their output to speculate commodity price fluctuations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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