Located in central Canada, Saskatchewan
is a mining leader both in Canada and globally. The province has over
25 operating mines, including potash, uranium, gold and coal.
Saskatchewan lays claim to the world’s
largest high-grade reserves of both potash and uranium. The province
contains almost half the world’s potash reserves and approximately
10% of the world’s known recoverable uranium reserves.
world-class Flin Flon mining camp straddles the border between
Saskatchewan and Manitoba, with 2015 marking the 100th
anniversary of the discovery of base metals in the camp. Following
the discovery of sulphide outcrops along the Saskatchewan-Manitoba
border by prospector Tom Creighton in 1915, mining in the camp began
in the 1920’s and continues to the present day, with over 115Mt of
copper and zinc ore mined from 16 deposits, including the 62Mt world-class Flin
Flon mine. A now shuttered copper smelter operated in Flin Flon for
over 70 years and a zinc plant (115,000 tonnes of cast zinc per year
capacity) continues to operate.
In the Fraser Institute’s recent Annual
Survey of Mining, Saskatchewan was ranked the top jurisdiction for
mining investment attractiveness in Canada and the second globally.
Factors attributable to Saskatchewan’s high ranking include
political stability, a favourable taxation regime, excellent
infrastructure, a straightforward permitting process, a positive
situation with respect to socioeconomic agreements and community
development and a solid geological database.