Otmane El Rhazi : Exploration and mine development cost up to 2.5 times more in Canada’s North

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

A new study has found that the cost to explore and build new mines was as much as 2.5 times higher in northern Canada, mainly as a result of a lack of critical infrastructure. The study, titled ‘Levelling the Playing Field’, found that the costs of mineral exploration and building and operating mines were significantly higher in remote and northern regions of Canada's provinces and territories and that the cost premium was directly linked to the lack of infrastructure in these areas.