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Mining

Canadian firms have interests in more than 6400 properties at all stages of the mineral exploration process in over 100 countries around the world. These Canadian projects include over 200 mines, smelters, refineries, plants under construction, and other advanced mineral development projects in roughly 60 countries around the world.

Canada ranks among the world’s top five producers of 14 mineral commodities. In 2003, the proportion of the world's total exploration planned for Canada was roughly 22%. Canadian-based companies conduct about 40 percent of all mineral exploration undertaken in the world.

Although Canadian companies operate all over the world, Canada remains the country where they allocate the largest proportion, by far, of their global mineral exploration programs. Canada’s minerals and metals industry has involved approximately $50 billion abroad. This represents about 12 percent of all Canadian direct investment abroad.

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