Canadian gold production jumps almost 20% in ’86

Production of metals, non- metallics and structural materials in Canada was worth $15.6 million in 1986, up slightly from the 1985 record value, the Mining Association of Canada reports.

Last year was an excellent year for gold, with production jumping 19.5% compared with 1985 and the production value increasing by 40.6%.

For copper, prices stayed low last year but quantity produced and the production value moved up by 6.8%. Nickel, on the other hand, in the face of depressed prices, experienced a 6.3% jump in production but an 11.7% drop in production value.

Metals accounted for more than $8.9 billion, or 57.5%, of Canada’s mineral production value in 1986. The value of minerals production was up by 10.3% from the previous year. In the non-metals category (including coal, elemental sulphur and potash), production value declined by 4.5% to $4.3 billion. Structural materials were up 3.5% over 1985 to $2.2 billion.

In 1986, Canada produced 57.8 million tonnes coal, down approximately 2.6 million tonnes from the year before, and 104.7 million g (approximately 3.1 million oz) gold. In terms of their percentage contribution to total value of mineral production last year, coal and gold each accounted for 11%. (All figures are preliminary.)

The top five provinces in terms of mineral production last year were Ontario, British Columbia, Quebec, Alberta and Saskatchewan.

As a world producer, Canada ranked first in 1986 for uranium and zinc; second for potash, nickel, sulphur (elemental), asbestos and gypsum; third for titanium concentrates, cadmium, aluminum, gold and platinum group metals; fourth for copper, molybdenum, lead and cobalt; fifth for silver; and sixth for iron ore.

Print

 

Republish this article

Be the first to comment on "Canadian gold production jumps almost 20% in ’86"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close