Gold & Silver Ore Mining in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gold & Silver Ore Mining in Canada Market Research Report | NAICS 21222CA | Nov 2015

Worth its weight: Demand for gold and silver will bolster industry revenue

IBISWorld’s Gold & Silver Ore Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Operators in the Gold and Silver Ore Mining industry in Canada have exhibited growth over the past five years. Rising gold and silver prices during the recession helped bolster the industry's performance and profitability over the period. Over the five years to 2020, merger and acquisition activity will likely persist, as new mining projects are slow to enter production... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Gold and Silver Ore Mining industry is in the mature stage of its life cycle. Domestic production of both metals is decreasing, though rising gold and silver prices have boosted profit margins in recent years. As a result, industry value added (IVA), a measure of the industry's contribution to the economy, is expected to rise an annualized 4.0% over the 10 years to 2020. In comparison, Canadian GDP is expected to rise 2.1% during the period. However, IVA is extremely volatile because high gold and silver prices can inflate revenue and profit, thereby masking the real factors that make this a mature industry.

Gold and silver are well-accepted commodities and have established uses. Downstream markets for these products are also defined and not expected to change much... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Gold & Silver Ore Mining Industry?

This industry mines and prepares ores valued primarily for their gold or silver content. Some companies process ore into concentrate or bullion on site, while others maintain refining facilities abroad. Companies in this industry can also store and delay the sale of their output to speculate commodity price fluctuations.

Industry Products
Gold ore, powder, concentrates and unwrought formsSilver ore, powder, concentrates and unwrought forms
Industry Activities
Gold ore miningSilver ore miningGold ore beneficiationSilver ore beneficiation

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