The Centre for Resource Studies examines the wide-held premise that “more remote” means “less economic” for mineral exploration and development. The economic analysis and comparison of mining potential between northern and southern Canada utilizes extensive exploration expenditure and mineral deposit data relating to the base metal sector, assembled and updated on a continuing basis at the Centre for Resource Studies since 1975. The main conclusion is that the economic potential for base metal exploration and development in the Yukon and Northwest Territories is significantly more attractive than in the provinces of southern Canada; in other words, “more remote” does not in this case mean “less economic.” The study provides a detailed explanation for the comparative results. Implications for mining company planning and regional development policy are examined.
Mining Potential in Northern and Southern Canada: Guidelines for Regional Development Policy (1988) by Leo J. Verleun and Brian W. Mackenzie. 225 pages. Centre for Resource Studies, Queen’s University, Kingston, Canada K7L 3N6. $20. (M-21)
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