Top Six Copper Mining Firms in Canada

Author : ajaykapoor01988
Publish Date : 2021-07-09 08:36:32


Top Six Copper Mining Firms in Canada

Canada's crust contains a large copper deposit. Copper-mining companies also mine other metals like gold, lead, zinc, nickel, and other metals. Sulfides and porphyry are the most frequent ores in Canada.

Copper Mining Firms in Canada

The mining of copper is a big business in Canada. Here is a list of some of the biggest names in the sector, notably in Ontario;

1. Barrick Gold Corp

It’s one of the highest copper-producing companies in Canada. Also, it majorly produces Gold. Its project is expanded to various cities in North America that include exploration, mining, and development operations. Canada's crust contains a large copper deposit. Copper-mining companies also mine other metals like gold, lead, zinc, nickel, and other metals. Sulfides and porphyry are the most frequent ores in Canada.

2. Newcrest Mine

It is located in the ‘Golden Triangle’ of British Columbia. It bought a whopping 70% of Red Chris from imperial metals in March 2019. Newcrest mine contributes a major amount to the economy as it produces a high percentage of copper per year.

3. Copper Mountain Mine

It’s the company that produces 100 million pounds of copper every year. It’s growing insanely; with new projects, it’s expected to produce 139 million pounds of copper. Moreover, it managed to get “AA” ratings for safety and health. And try to minimize the footprints to undertake operations in an environmentally responsible manner. Teck Resources is a diversified company and active in Highland Valley mine. Majorly, it undertakes projects that develop copper and mineral properties. Moreover, it has located its operation in other states: Peru, Chile, and others.

4. New Afton Mine

It hosts several British copper and gold mines within Columbia. It’s expanding outside the nation but majorly focused on prolific Quesnel Trough to produce copper. Last year, the company started exploration drilling programs at prospective cherry crake within the New Afton mill. Also, it takes responsibility for mining, processing, and operation to reach the highest standard of employee health.

5. KGHM

One of the major copper enterprises of the world, KGHM offers products like cathode, concentrates, and copper wire. Copper concentrate is a product made by using enriching copper ores that have low metal content. On the other hand, its Cathode is a product that is the end result of smelting and refining processes. Last year, the company started exploration drilling programs at prospective cherry crake within the New Afton mill. Also, it takes responsibility for mining, processing, and operation to reach the highest standard of employee health. It’s growing insanely; with new projects, it’s expected to produce 139 million pounds of copper. Moreover, it managed to get “AA” ratings for safety and health. Canada's crust contains a large copper deposit. Copper-mining companies also mine other metals like gold, lead, zinc, nickel, and other metals. Sulfides and porphyry are the most frequent ores in Canada.

6. Teck Resources

Teck Resources is a diversified company and active in Highland Valley mine. Majorly, it undertakes projects that develop copper and mineral properties. Moreover, it has located its operation in other states: Peru, Chile, and others. It’s growing insanely; with new projects, it’s expected to produce 139 million pounds of copper. Moreover, it managed to get “AA” ratings for safety and health.

The Largest Copper Exploration Firms in Canada

Here is the list of the major copper exploration firms in Canada.

1. Galore Creek Mining

Galore Creek Mining closely works with Tahltan Nation and other communities to strive for excellence in every dimension. It’s committed to ensuring the health and safety of its employees and contractors. Moreover, it provides training, safety measures, and necessary resources to keep its employees educated and healthy. Canada's crust contains a large copper deposit. Copper-mining companies also mine other metals like gold, lead, zinc, nickel, and other metals. Sulfides and porphyry are the most frequent ores in Canada. It hosts several British copper and gold mines within Columbia. It’s expanding outside the nation but majorly focused on prolific Quesnel Trough to produce copper. Last year, the company started exploration drilling programs at prospective cherry crake within the New Afton mill.

2. Solaris Resources Inc.

In Canada, Solaris Resources  is involved in exploration projects. The corporation heavily invested in the copper industry across the continents of North and South America. Furthermore, Solaris Resources supports the practice of healthy, environmental, and community relationship management. And try to minimize the footprints to undertake operations in an environmentally responsible manner. Teck Resources is a diversified company and active in Highland Valley mine. Majorly, it undertakes projects that develop copper and mineral properties. Moreover, it has located its operation in other states: Peru, Chile, and others.

Conclusion

Canada's copper sector is well settled and continues to expand. It provides fantastic investment prospects. The range of multinational businesses is a safe investment, and it obviously has a bright future ahead of them.

 

 



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