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The Future Of Mining In Canada – Shines With Wealth

The Future Of Mining In Canada - Shines With Wealth

<p style&equals;"text-align&colon; justify&semi;">For several years&comma; investors from around the world have looked to the &&num;8216&semi;gold mines&&num;8217&semi; in Canada&&num;8217&semi;s mining sector&period; The future of mining in Canada glistens with prosperity&period; Today&comma; the mining industry is responsible for private sector investments and uncanny job growth&period; The federal government recognizes the industry&&num;8217&semi;s epic role in the Canadian economy and has continuously supported the industry&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">According to the CEO and president of the Mining Association of Canada&comma; Pierre Gratton&comma; the future is bright for Canada&&num;8217&semi;s mining sector with several different benefits that goes far beyond the mining gate and into the communities that it operates&period; In his speech during the National Mining Week in May&comma; he explained the Canadian mining industry as a true powerhouse&period; With an impact on the Aboriginal communities and the nation&&num;8217&semi;s north&comma; Gratton was quoted saying that the mining sector &&num;8220&semi;beats in the heart of our cities and in our financial sector&&num;8221&semi;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">According to the Library of Parliament Research Publications&comma; &&num;8220&semi;The mining industry contributed &dollar;35&period;6 billion to Canada&&num;8217&semi;s gross domestic product in 2011 and currently employs 320&comma;000 Canadians&period; Canada is a major producer of potash&comma; coal&comma; iron ore&comma; nickel&comma; copper&comma; gold&comma; zinc&comma; and uranium&period;&&num;8221&semi;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With three hubs for the mining industry&comma; the future of mining in Canada is only destined to get brighter&period;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify&semi;">&NewLine;<li>The Toronto Stock Exchange houses approximately 58&percnt; of the world&&num;8217&semi;s publicly traded companies in the mining industry&period;<&sol;li>&NewLine;<li>Sudbury is one of the up and coming centres of mining technology and mining supplies&period;<&sol;li>&NewLine;<li>Vancouver is a main hub for the sector involving mining exploration&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p><img class&equals;"aligncenter size-Correct wp-image-12938" alt&equals;"The Future Of Mining In Canada - Shines With Wealth" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2014&sol;05&sol;The-Future-Of-Mining-In-Canada-Shines-With-Wealth-600x336&period;jpg" width&equals;"600" height&equals;"336" &sol;><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>The Future of Mining in Canada and the Mining Job Market Features Expansion<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Indeed&comma; the future of mining in Canada is bright&comma; in spite of the recent market slowing&period; Like all financial markets and industries&comma; the market for mining is purely cyclical and bound to return to soaring prices&period; After a decade of an aggressive bull market&comma; the price of commodities declined&period; For example&comma; in April of 2013 the BBC reported that gold had particularly fallen to its lowest price in two years&period; In addition&comma; other commodities had also fallen to disappointing prices&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">As a response&comma; some companies began to delay projects and slow production&period; However&comma; recent projections and new developmental projects only reiterate the lucrative nature and boundless possibilities in the future of mining in Canada&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Challenges Facing the Future of Mining in Canada<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">One of the major challenges facing the sector is the epic retirement of the baby-boomer generation&period; To replace the large exodus of mining industry workers&comma; the industry must find ways to attract a significant amount of students who have studied and are versed in the study of geoscience&period; According to projections made by the Mining Industry Human Resources Counsel&comma; depending on the industry&&num;8217&semi;s growth hiring requirements are expected to range from 75&comma;2801 to 141&comma;540 workers by 2021&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">To accommodate the new rising demands and to foster the unparalleled growth in the mining sector&comma; Randstad is on the forefront&period; As the leading Canadian staffer&comma; Randstad Canada is one of the most trusted and designated sources for qualified and experienced workers with experience in geoscience&period; Click to find out more about mining jobs in Alberta&comma; BC or other areas in Canada&period;<&sol;p>&NewLine;

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