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Canadian Mining Assets (CMAs), by Country and Region, 2021 and 2022 (p)

Location 2021 2022 (p)
Value
($ millions)
Number of
companies
Value
($ millions)
Number of
companies
AFRICA 35,325 101 37,040 98
Eastern Africa 11,857 26 12,878 27
Burundi x 1 x 1
Ethiopia 21 3 22 3
Kenya 21 3 25 4
Madagascar x 3 x 2
Malawi x 1 x 1
Mauritius x 1 x 1
Mozambique x 1 x 1
Tanzania 2,358 8 2,728 7
Uganda x 1 x 1
Zambia 9,452 6 10,074 7
Zimbabwe x 1 x 2
Middle Africa 7,021 9 7,490 9
Central African Republic x 1 x 1
Democratic Republic of the Congo x 8 x 8
Northern Africa 63 7 109 7
Egypt x 2 4 3
Morocco x 4 105 5
Sudan x 1
Southern Africa 2,382 36 2,642 34
Botswana 350 9 512 8
Namibia 801 13 571 15
South Africa 1,231 16 1,559 13
Western Africa 14,002 45 13,921 39
Burkina Faso 1,974 16 1,650 14
Côte d’Ivoire 1,317 10 1,303 9
Ghana 918 10 512 7
Guinea x 2 87 3
Liberia x 2 x 2
Mali 6,217 12 6,706 11
Mauritania 3,163 5 3,183 4
Niger x 2 180 3
Nigeria x 2 x 2
Senegal x 3 x 3
AMERICAS
(EXCLUDING CANADA)
131,100 590 150,317 595
Caribbean 6,751 10 7,613 9
Cuba x 1 x 1
Dominican Republic 6,100 8 6,845 7
Jamaica x 1 x 1
Central America 15,884 16 16,829 15
Costa Rica x 1 x 1
Guatemala 313 6 344 5
Honduras 24 3 x 2
Nicaragua x 3 x 3
Panama x 3 15,929 4
North America
(excluding Canada)
51,258 405 55,347 414
Mexico 10,007 132 10,672 124
United States 41,251 312 44,676 328
South America 57,207 226 70,527 225
Argentina 8,121 51 9,169 56
Bolivia 250 7 456 11
Brazil 10,865 40 12,031 38
Chile 24,195 63 35,043 59
Colombia 874 29 1,015 28
Ecuador 1,863 13 1,815 15
French Guiana x 4 x 3
Guyana 380 12 329 13
Paraguay x 1 x 1
Peru 9,869 74 10,669 72
Suriname 751 5 .. 6
Venezuela x 1 x 1
ASIA 11,121 57 13,151 51
Central Asia 250 7 236 5
Kazakhstan 235 3 x 2
Kyrgyzstan x 3 x 2
Uzbekistan x 1 x 1
Eastern Asia 4,338 25 4,171 23
China 4,032 9 3,814 7
Japan x 3 x 3
Mongolia 163 11 179 11
South Korea x 2 x 2
Southeastern Asia 921 12 917 9
Cambodia x 1 x 1
Indonesia x 4 x 3
Malaysia x 1 x 1
Philippines 843 6 x 4
Southern Asia x 2 x 2
Pakistan x 1 x 1
Sri Lanka x 1 x 1
Western Asia 5,607 16 6,790 16
Armenia x 1 x 1
Saudi Arabia x 2 x 2
Turkey 5,111 12 6,262 12
Yemen x 1 x 1
EUROPE 9,164 88 8,113 90
Eastern Europe 1,907 19 501 20
Bulgaria 525 6 486 7
Czech Republic x 2 x 2
Poland x 1 x 1
Romania 544 3 x 3
Russia 827 4 x 3
Slovakia x 1 x 2
Ukraine x 2 x 2
Northern Europe 2,855 44 2,980 45
Finland 2,144 17 2,274 18
Greenland 10 4 x 4
Iceland x 1 x 1
Ireland 18 8 18 8
Norway 6 6 8 6
Sweden 617 13 595 14
United Kingdom x 3 71 4
Southern Europe 4,397 27 4,625 27
Albania x 1 x 1
Bosnia and Herzegovina x 1 x 1
Greece x 3 x 3
Kosovo x 1 x 1
Macedonia x 1 x 1
Portugal 1,629 6 1,636 6
Serbia 11 10 11 10
Spain 107 8 128 8
Western Europe 5 8 6 9
Austria x 2 x 2
Belgium x 1 x 1
Germany 3 3 x 3
Luxembourg x 1
Switzerland x 2 x 2
OCEANIA 5,478 63 6,111 64
Australia 4,630 57 5,155 59
Melanesia 847 10 956 9
Fiji x 4 134 4
Papua New Guinea 730 5 822 5
Solomon Islands x 1
New Zealand x 2
TOTAL FOR CANADIAN MINING ASSETS ABROAD 85,074 1,088 89,882 1,075
Canada 88,356 1,093 105,475 1,068
TOTAL FOR CANADIAN MINING ASSETS 280,543 1,448 320,207 1,423

Source: Natural Resources Canada.

– nil, .. too small to be expressed, (p) preliminary, x confidential.

  1. (1) Company counts are non-additive since companies can be active in multiple jurisdictions.
  2. (2) Numbers may not add to totals due to rounding.
  3. (3) Values are those reported in financial reports nearest to December 31, 2022, for public companies headquartered in Canada that are not under foreign control.
  4. (4) Mining assets, in this context, are non-current assets, including mineral properties, deferred mineral exploration expenses, royalties, investments in non-Canadian mining companies and other non-current assets related to mining that can be reconciled geographically.
  5. (5) Although all efforts have been made to accurately assemble the data, it has been necessary at times for the authors to make estimates. Natural Resources Canada does not assume responsibility for errors or omissions.
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