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Beacons of Hope
Over the past two years, press headlines largely covered the rather negative aspects related to Quebec's mining industry. Iron ore prices steadily descended towards the $40/mt mark, making the life at iron ore companies extremely difficult in Quebec, a jurisdiction with tremendous potential for this commodity, especially in its Labrador Trough region. Moreover, in July 2015, the Bureau d' Audiences Publiques sur l'Environnement (BAPE) issued a 626-page study. advising Quebec's authorities against uranium exploration and mining in the province, triggering the discontent of the Canadian Nuclear Safety Commission (CNSC), and sending a negative message to the international investor community. Add these events to an already depressed global mining environment, all within a climate of scarce financing sources, and the results should not contribute to a beautiful picture for La Belle Provinces mining scene.
Beacons of Hope
Over the past two years, press headlines largely covered the rather negative aspects related to Quebec's mining industry. Iron ore prices steadily descended towards the $40/mt mark, making the life at iron ore companies extremely difficult in Quebec, a jurisdiction with tremendous potential for this commodity, especially in its Labrador Trough region. Moreover, in July 2015, the Bureau d' Audiences Publiques sur l'Environnement (BAPE) issued a 626-page study. advising Quebec's authorities against uranium exploration and mining in the province, triggering the discontent of the Canadian Nuclear Safety Commission (CNSC), and sending a negative message to the international investor community. Add these events to an already depressed global mining environment, all within a climate of scarce financing sources, and the results should not contribute to a beautiful picture for La Belle Provinces mining scene.
Beacons of Hope
2016
Article (Journal)
English
Beacons of hope: Quebec's increasingly diversified mining scene
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