Canada: The Gold Mining Leader

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Local Participation in Gold Mining

First ever to become aware of and mine gold in North America were native people who used minerals, including cobalt, silver, copper and gold for weapons, art, tools and other objects. That people discovered gold through the Pacific Northwest and their attempts to guard their claims generated the Fraser Canyon War of 1858 and the synthesis of Indian assets in British Columbia. In the 1850s, Nlaka’pamux individuals of the Thompson and Fraser Rivers began to market gold to the HUDSON’S BAY COMPANY. Governor of British Columbia, James DOUGLAS during the time, tried to help keep the discovery of gold secret in order to avoid an influx of American miners, while the British hadn’t formally colonized the territory, but rumors of gold soon started to mingle and miners started to arrive. In July 1857, Nlaka’pamux excluded miners from their territory over the Fraser River. By summer time of 1858, miners had gained a majority and driven the Aboriginal folks from the river. Douglas urged the British government to set up presence in the area. Tensions grew involving the First Nations and the miners with reactivated attacks, and armed troops were called out.

Today there’s an in depth association between the positioning of First Nations people, recognized mineral mining activities and deposits. You will find approximately 1200 Aboriginal communities located within 200 km of mineral and metals activities, based on Natural Resources Canada. Since gold mining was developed in Canada, the first nations experienced little say in decision-making regarding mining on or near their ancestral lands and have received little take advantage of it. The specific situation is changing, above all as a result of advances of Even though you can find no recent figures on Aboriginal employment in gold mining operations, you can find Native workers in the mines, most usually employed as labourers, truck drivers, miners, maintenance operators and equipment operators.

Maintainable Mining

Gold mining industry in Canada is using remarkable effort to overcome a lengthy history of environmental damage. An example of mining’s environmental impact is gold mining’s release of tens of thousands of a lot of toxic mercury and cyanide to the environment. In 2004, the Mining Association of Canada (MAC) started promoting an application called “Towards Sustainable Mining”.

This system is self-monitored, with measurement criteria proven by MAC in the regions of energy management, tailings management, crisis communications management and external outreach. MAC members are expected to measure and report on the performance annually. Whilst it is up to now unclear if this program is certainly an innovation to applaud or merely “greenwashing,” the existence of this program is a notably startling development in the industry.

Top Gold Mining Companies in Canada

Large Cap 2010 Cap Mid Cap 2010 Cap Mid Cap
Barrick Gold $40 billion Yamana Gold $8.17 billion Franco-Nevada
Goldcorp N/A IAMGOLD $6.87 billion New Gold
Kinross Gold $19.0 billion Red Back Mining $5.80 billion AuRico Gold
Agnico-Eagle Mines $11.4 billion Osisko Mining $5.2 billion Detour Gold
Eldorado Gold $10.2 billion Centerra Gold $3.03-4.776 billion NovaGold Resources

 

  • Vitto Shulman

    Hey nice article. I like history.