'A Chronology of Minerals Development in Canada' - nrcan.gc.ca
'B.C. 7000 Evidence of mining an ancient quartzite quarry, Manitoulin Island, Ontario'
Plenty of ups and downs in the business since then eh ... those guys never worried much about the price of oil, i bet if you were to bring it up to them, they would just shrug and say, well it's all relative, the world needs oil yes but it needs metal as well, and look around at the majors, they're not getting out there and finding any, they're just buying each other up while depleting their reserves ... copper doesn't appear to be in oversupply at the moment, zinc does somewhat but a number of its mines are winding down, and for both metals there is not a lot coming onstream
PMs are not done either, just resting, building base for the next jog ... imho ... we shall see |