Stones of Canada Ep: 5
Venu Gopal
Minerals of Canada
Diamonds
Diamonds are best known as gemstones, even though only 20% of the world's production by weight is used for jewelry. The other 80%, known as bort, is used in industrial and research applications where the unique properties of diamonds are required. In 2018, Canada was the world's third-largest producer of diamonds by value (14.4%) and the third-largest producer by volume (15.7%)
Canada's total primary exports of diamonds were valued at $2.9 billion in 2018.
(Canadian Diamond)
Gold
Gold is a precious metal most commonly used in jewelry. Gold is mined in nine Canadian provinces and territories and is the highest valued commodity produced in Canada by the value of production.
Ontario and Quebec together accounted for more than 75% of mined gold production in Canada in 2018.
In 2018, the value of Canadian gold exports was $17.3 billion applications. In 2018, Canada ranked eighth in the world in the production of refined lead.
(Gold Mining and Prospecting in Ontario Canada)
Economy
The Natural Resources Canada's Lands and Minerals Sector is committed to promoting Indigenous participation in mineral exploration and mining activities by sharing information to support informed decision-making that builds partnerships and promotes community capacity building. Agreements between companies and Indigenous peoples, Agreements between mineral exploration and mining companies, and Indigenous communities or governments have helped secure benefits for many Indigenous communities and businesses and improved certainty for exploration and mining companies.
Along with this inclusive policies and participation have helped the growth of Canada's manufacturing, mining, and service sectors also transformed the nation from a largely rural economy to an urbanized, industrial one.