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Copper, Nickel, Lead & Zinc Mining in Canada: Market Research Report

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

Copper, Nickel, Lead & Zinc Mining in Canada Market Research Report | NAICS 21223CA | Jul 2016

Digging deep: Revenue will rise, though weak demand from China may constrain growth

IBISWorld’s Copper, Nickel, Lead & Zinc Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
-8.5%
Annual Growth 16-21
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Profit
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Employment
10,910
Businesses
18
Industry Analysis & Industry Trends

The Copper, Nickel, Lead and Zinc Mining industry is heavily reliant on the market prices of the metals it produces. Canada is the ninth-largest producer of copper and the fifth-largest producer of nickel in the world. Therefore, the prices of these metals heavily influence the industry's performance. The industry also produces zinc and, to a significantly lesser extent, lead. Industry operators will continue to seek additional measures to reduce mine operation costs, effectively increasing profitability in the five years to 2021. Like other mining industries, companies in this industry must actively explore for or acquire mineral assets on a regular basis.


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Industry Report - Industry Locations Chapter

The Copper, Nickel, Lead and Zinc Mining industry is highly concentrated in British Columbia (28.6% of establishments) and Ontario (17.9% of establishments). Outside of these regions, only Newfoundland (10.7%) and Quebec (17.9%) have a relatively strong presence of industry operators. In the past five years, these regions have maintained their relative share of industry establishments, largely due to the fixed nature of mining. British Columbia is home to the country's largest open pit copper mine, Highland Valley Copper Mine, owned by Teck Resources. Ontario contains nickel, copper and zinc mines.

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Industry ProductsRelated ReportsTable of Contents

What is the Copper, Nickel, Lead & Zinc Mining Industry?

This industry mines ores valued for their copper, nickel, lead or zinc content. Firms may covert mined ore into concentrates for further downstream processing.

Industry Products
Copper oreZinc oreNickel oreLead ore
 
Industry Activities
Copper ore mining and beneficiatingNickel ore mining and beneficiatingLead ore mining and beneficiatingZinc ore mining and beneficiatingRecovering copper concentratesExploring for and developing mine sites


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