Canadian Mining Looks to a Bright Future ? Hope Seen for Lower Taxation and Encouragement of Prospecting

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Kim Beattie
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
3
File Size:
956 KB
Publication Date:
Jan 1, 1945

Abstract

IN spite of the fact that in 1944 Canada experienced a decline in production of all her leading base metals-nickel, zinc, lead, and copper; despite uncured headaches in the coal-mining industry; and cheerfully ignoring a still further drop in gold, the most valuable product of her mines, which had the lowest output of any year since 1931, the Canadian miner retains the traditional optimism of miners everywhere as he looks forward to the postwar period. Some factors should keep the Canadian mining industry from being too optimistic of the coming era of peace, but the fraternity generally holds that its confident attitude towards the future is based on sound reasons. The decline in production in the Canadian mining industry last year can be almost wholly attributed to the serious shortage of labor and the difficulty in obtaining transport and supplies in remote areas. Some falling off occurred in the demand for certain strategic metals, but the diversion of gold miners, especially, without replacements being obtainable, to direct war work or allied pursuits, was certainly the principal cause of the reduced output in 1944. But that is a situation which will right itself at the close of the conflict.
Citation

APA: Kim Beattie  (1945)  Canadian Mining Looks to a Bright Future ? Hope Seen for Lower Taxation and Encouragement of Prospecting

MLA: Kim Beattie Canadian Mining Looks to a Bright Future ? Hope Seen for Lower Taxation and Encouragement of Prospecting. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1945.

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