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Canada's GEM program a strategic investment in Canada's mining future

The Mining Association of Canada (MAC) was pleased by the personal recognition of the federal government’s Geo-mapping for Energy and Minerals (GEM) program brought by Prime Minister Harper today during his tour of Nunavut and visit of the Meadowbank mine.  Meadowbank, one of Canada’s newest mines, is owned and operated by Agnico Eagle, a MAC member.

“Public geoscience is a fundamental building block of a mining economy,” says MAC President and CEO  Pierre Gratton.  “For many years, Canada’s north, particularly Nunavut, was largely unmapped from a geological perspective, making mineral exploration costly and uncertain.  The federal government’s GEMs program is making a big difference, laying the foundations for a more prosperous, dynamic northern economy.”

MAC also expressed gratitude for the federal government’s support for the Nunavut office of its sister association, the NWT and Nunavut Chamber of Mines.  The Canadian Northern Economic Development Agency will be providing $230,000 over three years to support the establishment of a new office in Iqaluit for the Chamber.

“With only one operating mine (Meadowbank), Nunavut’s mining industry is small,” pointed out Gratton.  “But the potential for new mines in the territory is huge, with a number of high potential new developments, including Newmont’s Hope Bay project.  Support for the NWT and Nunavut Chamber of Mines will help the territory seize the opportunity before it.”

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About the Mining Association of Canada

The Mining Association of Canada (MAC) is the trusted national voice of Canada’s mining and mineral processing industry.  Since 1935, MAC has supported and promoted the mining industry providing leadership, sharing resources and continuing to build, strengthen and engage the industry through advocacy, stewardship and collaboration.  The Association places a high priority on corporate social responsibility, and through initiatives like “Towards Sustainable Mining” addresses issues surrounding sustainability and governing policies in a collaborative, progressive way.