Canada's Miners Prep for Up to US$3.7 Billion in Project Starts

June 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's mining sector, which is one of the largest in the world, is seeing some near-term development in its market for gold, gypsum, metallurgical coal and other hot commodities. In fact, some long-shuttered mines are seeing revived interest. Industrial Info is tracking about US$3.7 billion worth of mining-related projects across Canada that are slated to begin construction in the third quarter, most of which is attributed to projects with a medium-to-high likelihood (70% or more) of beginning construction as planned. Companies featured: Compass Minerals International Incorporated, McEwen Mining Incorporated (NYSE:MUX), Maritime Resources Corporation, FireFly Metals Limited, Canadian Gypsum Company, Knauf Group and Teck Resources Limited (NYSE:TECK)