Québec Exploration and Mining Investment
Opportunities
Denis Raymond, Eng.
Ministère de l’Énergie et des Ressources naturelles
Canada Mineral Investment Forum, October 16, 2014
Photo : Minalliance
Québec mining sector
Mineral Shipments (2013) : $8.3 billion*, forecast 2014: +22%
Mining investment (2013) : $3.2 billion including $2.9 billion (mine
development) and $320 million (exploration and deposit appraisal) (juniors: $240 M,
majors: $80 M)
27 active mines, 5 projects in construction or start-up, 3
expansion projects
22 advanced projects (toward feasibility), over 200 exploration
projects, all over Québec
Main production : iron ore, gold, nickel, ferro-niobium, copper
and zinc concentrates, ilmenite
Future production : apatite, diamond, graphite, iron-vanadium,
lithium, rare earths
High quality mineral resources, huge discovery potential
Stable jurisdiction, clear mining and environmental regulations
*: Can $
Québec support to the Industry
Exploration and mining activities
Online interactive geology map and geoscience data bank
Online map-staking and mining titles management
New Mining Act and Mining Tax Act, clear permitting process
Fiscal incentives for exploration to transformation activities
Support of Québec’s finance institutions at every step of mine
development, mineral processing and manufacturing
Government actions
Commitment to transparency, environment, social responsibility and
consultation of Aboriginal communities
Commitment for a feasibility study on rail access to iron ore deposits
Action plans and strategies for hydroelectricity, wind power, oil & gas,
transportation electrification, maritime transportation and fight against
climate change
Plan Nord : coherent and integrated development of Northern
Québec
Site Westwood, Iamgold
Canadian Malartic, Osisko Mining
Poirier mine site
Investment Opportunities
Opportunities for mining companies
Partnership in producing mines
Partnership in advanced mining projects
Exploration joint-ventures
Greenfield exploration
Opportunities for investors, commodities
traders and off-take agreements
Invest in key assets and qualified management
Secure future production of key metals
Access to North American markets
Examples of Chinese investment
Iron ore: WISCO
Nickel: Jilin Jien Nickel, Ningbo Sunhu
Lithium: Tewoo-ERDC, Tianqi Lithium
Fe, Ni, Cu, REE
Au, Ni, Cu
Fe, Au, Li
REE
REE
Ni, Co PGM
Au, Ni, Zn
: selected areas of interest
Gold projects
Québec, important gold producer
Well established mining regions
Increasing gold production
( ~42 tons in 2014)
Proven record of discoveries
Clusters of advanced projects
Major gold-bearing regional
structure
Close to mills, labour force and
communities
Many, with mine infrastructures
In a low to moderate risk
environment
Opportunities
Open pit and underground mining
Land position package
Projects with 43-101
resources estimate
Iron Ore projects
Québec leader in iron ore production
Production 2014: ~30M tonnes (concentrate and pellets, 66% Fe)
Labrador Trough
Major geological feature
Proven quality of ore
Huge development potential
Port of Sept-Îles
Major shipping hub, new expansion
Chinamax capacity
Québec commitments
Feasibility study for rail access to
resources
Natural gas availability to th industries
Long term development vision
Nickel projects, Zinc projects
Nickel
Québec production on the rise
Nunavik Nickel mine
Raglan mine
Confirmed potential
Cape Smith volcanic belt
Labrador Trough
Abitibi volcanic belt
Zinc
Leading production in Canada (2013)
Polymetallic VMS mines and deposits
Zinc refinery
Advanced projects
Abitibi volcanic belt
Near existing mines and mills
Opportunities
Joint-ventures and investment
Cape Smith
Abitibi
Lithium, Rare Earths, Graphite, Phosphate
Companies at the Forum
Presenting at the Forum
GeoMegA Resources
Montviel project (Rare Earths)
Company profiles available
Clifton Star Resources (Gold)
Duparquet project
Champion Iron Mines (Iron Ore)
Consolidated Fire Lake North project
Blackrock Metals (Iron, vanadium and
titanium)
Blackrock project
Other opportunities
Come to B2B session and meet:
Energy and Natural Resources
representative
Investissement Québec, China
representative
Exploring Québec
Investors will find :
Clear government support
Clear regulatory environment
Growth oriented action plans including Plan Nord
Ideal investment conditions
Diversified portfolio of high quality exploration and
mining projects
Huge potential for natural resources development
Supportive mining community
Timing is excellent
Be online with future markets growth
Haiqing JIANG
China Representative
(86-10) 5139 4265
Denis RAYMOND
www.mern.gouv.qc.ca
Contacts
