The Mining Industry Technology Council of Canada: MITEC

"The mining and mineral industries have been, and remain, a major component of the Canadian economy. There are approximately 560 producing mining establishments of which there are some 130 metal mines and an equal number of non-metal mines, the balance being quarries for stone, sand and gravel. For 17 metals and minerals, Canada ranks within the top five as a world producer. There are 29 metallurgical plants. Employment in mining, smelting and refining was about 150000 in 1990. Mineral production, including coal, is about $20 billion. Exports up to the metal stage amount to $15 billion providing a positive trade balance of some $10 billion.The producing industry has a wide diversity of products. The companies range from small single mining operations to large multinationals. In terms of technology the industry has always been in the forefront of cost-effective practice, either using home-grown innovation or freely importing technology from around the world,The Mining Industry Technology Council (MITEC) makes an annual survey of the exploration and R&D expenditures of the senior mining industry that is the mining companies that are involved in mineral production from their existing mines. It does not include those companies solely involved in exploration using funds raised through equity sales.Table 1 shows the actual R&D and exploration expenditures as a per cent of sales. R&D shows a rising trend since 1988although the drop in value of output due to lower prices must be recognized as contributing to the increase. The point about this compilation is that the mining industry re-invests some 4070 of its sales in both exploration and R&D in order to sustain itself. Exploration for the renewal of metal inventories for future mining is a process unique to mining. It is not classified as R&D, and the necessity for this investment goes unrecognized by those who state that the industry does not do enough R&D."