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Treasures of the Saskatchewan Soil: A Guide to Mineral Raw Materials Riches

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President Leo (in the middle) with two Indigenous Miners- Greg and Donald holding in their hands CACERMD’s first Journal and book showcasing the raw materials of Saskatchewan

Saskatchewan is rich in mineral raw materials including potash, sodium sulphate, salt, kaolin, uranium, copper, coal, diamond, and gold, which are extracted from different locations across the province. Here are some key locations where these minerals are extracted:

  1. Potash: Potash mining is concentrated in the southern part of Saskatchewan, particularly in the Prairie Evaporite Formation. Major potash mines include those near the towns of Esterhazy, Lanigan, and Rocanville.
  2. Sodium Sulphate: Sodium sulphate is primarily extracted from natural brine deposits in the Chaplin area of Saskatchewan, located southwest of Moose Jaw.
  3. Salt: Salt mining occurs in various locations across Saskatchewan, including the Chaplin and Belle Plaine areas. Solution mining and conventional mining methods are employed to extract salt from underground salt formations.
  4. Kaolin: Kaolin deposits are found in several locations in Saskatchewan, with notable occurrences near the towns of Claybank and Sedley. Kaolin mining is relatively small-scale compared to other minerals.
  5. Uranium: Uranium mining is concentrated in the Athabasca Basin region of northern Saskatchewan. Key uranium mines include those operated by Cameco Corporation and Orano Canada Inc., located near the towns of Cigar Lake, McArthur River, and Rabbit Lake.
  6. Copper: While Saskatchewan is not a major copper producer, copper deposits have been identified in the province. Exploration activities for copper are ongoing in various areas, including the Flin Flon Greenstone Belt near the Manitoba border.
  7. Coal: Coal mining occurs in southeastern Saskatchewan, primarily in the Estevan-Bienfait area. Major coal mines include those operated by Westmoreland Mining LLC and the Boundary Dam Mine operated by SaskPower.
  8. Diamond: Diamond mining takes place in the Fort à la Corne region of east-central Saskatchewan. The Star Diamond Project, owned by Star Diamond Corporation, is a notable diamond exploration project in this area.
  9. Gold: Gold exploration and mining activities are scattered throughout Saskatchewan, with some gold deposits identified in the Precambrian Shield region of northern Saskatchewan and in the La Ronge Gold Belt.

These are some of the main locations where minerals are extracted in Saskatchewan, contributing to the province’s economy and resource development.

Call for Papers and Invitation to ICERMs 2024 November Edition

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Trina Bell Declaring the Second International Conference and Exhibition For Raw Materials – ICERMs 2024 April Edition Open on behalf of His Worship Greg Dionne the Mayor of the City of Prince Albert

Registration for the Third International Conference and Exhibition for Raw Materials ICERMs 2024 November Edition is now ongoing.

Flyer

Details on call for papers: Following the feedback received during the recently concluded conference (2nd ICERMs 2024 April Edition), CACERMDI intends to confirm the venue selection this week (May 20-May 25, 2024). Manitoba is currently favoured as the venue due to our focus on promoting the raw materials of the region. However, it’s important to note that we have been showcasing from the base of our corporation. We showcased Saskatchewan in our first conference and Alberta in our second conference. All from Saskatchewan.

We are pleased to announce the start of registration for the 3rd International Conference and Exhibition for Raw Materials (ICERMs) 2024 November Editionwith a special focus on the raw materials of Manitoba.

ICERMS is a premier event in the field of raw materials, providing a platform for researchers, industry professionals, experts, raw materials enthusiasts and policymakers to come together to celebrate raw materials of the named location, province or territory and discuss the latest advancements and challenges in the industry in the named location.

In this November edition, which is our anniversary edition, the conference will highlight the raw materials of Manitoba, showcasing the unique resources and opportunities available in the Province. Attendees can expect insightful presentations, networking opportunities, and a vibrant exhibition showcasing the latest products and services in the raw materials sector.

Don’t miss this opportunity to be a part of a dynamic and engaging event. Register now to secure your spot at ICERMs 2024 November Edition and stay tuned for more updates on the conference program and speakers.

We look forward to welcoming you to ICERMS 2024 November Edition!

Please note that the Canadian Centre for Raw Materails Display Inc. CACERMDI has opened this registration early enough to allow enough time for those coming from visa-required countries to plan their attendance.

It is important to further clarify that ICERMs is a conference that caters to both technical and non-technical members of the global public, regardless of your profession or background as much as you identify as a raw materials enthusiast, you are at liberty to join us.

The technical members of the public are experts whose studies or disciplines are related to raw materials, while the non-technical members are enthusiasts who have a keen interest in raw materials

Venue: Conference Room of Prince Albert Public Library located at 125 12th St E Prince Albert SK S6V 1B7 Canada

Registration Fee:
750 CAD Basic;
850 CAD VIP; &
1500 CAD VVIP
Non-refundable

Should you have any clarification or inquiries please reach out to the Management of CaCeRMDI via +1 (866) 275-0224 toll-free (Canada & USA) or email [email protected]

ICERMs 2024 November Edition has now opened. To register use the QR Code or the link: https://forms.office.com/r/LGBB1BBU69

Alternatively, email directly to [email protected] for registration details or call +1 866 275 0224

Highlights of Second International Conference and Exhibition For Raw Materials – ICERMs 2024 April Edition

The recently concluded Second International Conference and Exhibition for Raw Materials ICERMs 2024 April Edition organized by the Canadian Centre for Raw Materials Display Inc. (CACERMDI) in Prince Albert, Saskatchewan between 25 April 2024 and 2 May 2024 was a huge success. See pictures and news reportage.

https://paherald.sk.ca/second-raw-materials-conference-officially-opens-in-prince-albert

The focus of our first conference in November 2023 was on promoting the raw materials of Saskatchewan, and we were honoured to have MLA Daryl Harrison represent the Premier of Saskatchewan and the entire provincial government at that conference.

Building on the success of our inaugural event, our second conference shifted its focus to the promotion of the raw materials of Alberta. We were delighted to receive a message from the Premier of Alberta, Hon Danielle Smith as well as video greetings from the Member of Parliament for Prince Albert the Hon Randy Hoback, demonstrating their support for our endeavours. See link

https://www.dropbox.com/scl/fi/06hxxqmj7hu0azb589wlv/20240418-Hoback-ICERM-Greeting_V2.mp4?rlkey=wqddar90nquxh24rft7m7tnaa&st=bz8mr3kn&dl=0

We were honoured to host distinguished guests at the conference, including the Mayor of Prince Albert His Worship Greg Dionne, CEO of Prince Albert and District Area Chamber of Commerce Patty Hughes, Director Prince Albert Library Services, Alex Juorio Circa, Tourism Coordinator for the City of Prince Albert, Trina Bell, and Representative from the University of Saskatchewan Cindy Koob among other distinguished dignitaries. Their presence underscored the significance of our efforts in promoting awareness and appreciation of raw materials.

I am pleased to inform you that all 14 foreign delegates granted visas to participate in the conference were present and actively engaged in technical sections, round table discussions and other activities. Their contributions enriched the conference and facilitated valuable exchanges of ideas, knowledge and expertise.

We also visited one of the numerous Saskatchewan farms and received two agricultural raw materials namely canola seeds and wheat for display at our Centre.

Therefore, we kindly invite prospective delegates raw materials experts and enthusiasts to the Third International Conference and Exhibition for Raw Materials ICERMs 2024 November Edition taking place between 2 November 2024 and 8 November 2024 at the Prince Albert Public Library focusing on “Discovering the Economic Viability of Manitoba’s Raw Materials. The registration deadline for this third event remains May 20, 2024.

Thank you for your kind attention. We look forward to having participants from all corners of the globe with their presence being a support to our continued efforts in promoting awareness and appreciation of raw materials in Canada and beyond. After this letter, you will see pictures of various sessions of the second edition of ICERMs and following thereafter are registration details for the third ICERMs.

Sincerely

Osagie “Leo” Ekhaguere FCAI

President, Canadian Centre for Raw Materials Display Inc 

909B Central Ave., Prince Albert, SK S6V 4V2 

+1 306 900 9336

+1 306 992 2198

Fax: +1 306 993 9718

Toll-Free Number +1 866 275 0224

Cindy Koob of the University of Saskatchewan taking delegates on a tour of the University
President Leo received from a Saskatchewan farmer on behalf of CACERMDI agricultural raw materials namely canola seeds and wheat common to Saskatchewan and Alberta

Canada and Commerce: A focus on Nigeria

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The mechanism of commerce drives the economic growth of Canada. Some of the products exported by Canada to Nigeria include vehicles, manufacturing equipment, wheat, software, and aircraft whereas Nigeria exports mineral fuels and oils, cocoa, rubber and lead to Canada. A ratification process needs to be completed with regard to the Foreign Investment Promotion and Protection Agreement (FIPA) that was signed in Abuja Nigeria on May 6, 2014. A double taxation agreement is already in force since 1999 and this is good. Canada has always shown a high-level commitment to helping Nigeria reduce poverty and help support a more peaceful Nigeria with an understanding that productivity only happens on the grounds of peace. It is important to encourage more trade with Nigeria to seriously reduce the extreme poverty ravaging Nigeria. Our Centre (CACERMDI) would foster this trade and would review all the raw materials available in Nigeria and CACERMDI shall help to showcase them to Canadian investors.

Raw Materials Matter: The Essential Components of Modern Smartphones

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Smartphones are intricate devices made from a variety of raw materials, each serving a specific purpose in their construction. Some of the key raw materials used in making phones include:

  1. Metals:
  • Aluminum: Used for the phone’s frame and casing due to its lightweight and durable properties.
  • Copper: Essential for wiring and electrical connections within the phone’s circuitry.
  • Gold: Used in connectors and circuit boards due to its excellent conductivity and corrosion resistance.
  1. Plastics:
  • Polycarbonate: Commonly used for phone casings and other non-metal components due to its lightweight and impact-resistant nature.
  • Polyethylene Terephthalate (PET): Used in screen protectors and packaging materials.
  • Acrylonitrile Butadiene Styrene (ABS): Utilized for various structural components and accessories.
  1. Glass:
  • Gorilla Glass: Specially engineered glass used for smartphone screens due to its scratch resistance and durability.
  1. Rare Earth Elements:
  • Neodymium: Used in phone speakers and vibration motors due to its strong magnetic properties.
  • Lithium: Essential for rechargeable lithium-ion batteries, which power smartphones.
  1. Silicon:
  • Silicon is the primary material used in semiconductor manufacturing, forming the basis of integrated circuits (chips) that power the phone’s processor, memory, and other electronic components.
  1. Ceramics:
  • Ceramic materials may be used in some phone models for their heat resistance and aesthetic qualities, particularly in high-end smartphones.
  1. Other Materials:
  • Adhesives: Various types of adhesives are used to assemble phone components securely.
  • Conductive materials: Such as indium tin oxide (ITO) for touchscreen displays.
  • Rare metals: In trace amounts, such as tantalum, tungsten, and cobalt, which are used in electronic components.

These raw materials undergo complex manufacturing processes to create the intricate components of modern smartphones, contributing to their functionality, durability, and aesthetic appeal.

Latest Raw Materials News: Trends, Developments, and Insights

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In the dynamic world of raw materials, staying abreast of the latest news, trends, and developments is crucial for industry professionals, investors, and policymakers alike. Here are some of the most recent updates shaping the raw materials landscape:

  1. Supply Chain Disruptions: Global supply chains continue to face disruptions due to a variety of factors, including port congestion, labor shortages, and transportation challenges. These disruptions have impacted the availability and pricing of key raw materials such as metals, plastics, and agricultural commodities.
  2. Renewable Energy Boom: The transition to renewable energy sources is driving increased demand for raw materials such as lithium, cobalt, and rare earth metals used in batteries and renewable energy technologies. As countries around the world accelerate their efforts to combat climate change, the demand for these critical minerals is expected to surge in the coming years.
  3. Focus on Sustainability: Sustainability and environmental concerns are increasingly influencing decision-making in the raw materials sector. Companies are facing pressure to reduce their environmental footprint, adopt sustainable sourcing practices, and implement circular economy initiatives to minimize waste and maximize resource efficiency.
  4. Geopolitical Tensions: Geopolitical tensions and trade disputes continue to impact global raw materials markets. Recent developments, such as trade tensions between the United States and China, as well as geopolitical instability in regions rich in natural resources, have contributed to market volatility and uncertainty.
  5. Technological Innovation: Technological advances are driving innovation in the raw materials sector, with a focus on improving efficiency, reducing costs, and enhancing sustainability. Emerging technologies such as artificial intelligence, blockchain, and 3D printing are revolutionizing processes across the raw materials value chain, from exploration and extraction to processing and manufacturing.
  6. Investment Opportunities: Despite challenges and uncertainties, the raw materials sector remains an attractive investment opportunity for many investors. The resurgence of commodity prices, coupled with growing demand from emerging economies and infrastructure projects, has sparked renewed interest in raw materials as an asset class.
  7. Regulatory Changes: Regulatory changes and policy developments are shaping the raw materials landscape, particularly in areas such as mining regulations, environmental standards, and carbon pricing. Governments around the world are implementing new policies and initiatives aimed at promoting responsible resource extraction, reducing emissions, and fostering sustainable development.
  8. Impact of COVID-19: The COVID-19 pandemic has had far-reaching effects on the raw materials sector, disrupting supply chains, reducing demand, and causing price volatility. While the industry has shown resilience in the face of these challenges, the long-term impact of the pandemic remains uncertain.

As the raw materials industry continues to evolve and adapt to changing market dynamics, staying informed and proactive is essential for navigating challenges and capitalizing on opportunities in this dynamic and vital sector.

Saskatchewan’s Raw Materials

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Definition

Raw Material is a term coined from two words “Raw” meaning “in its natural state or form” or unprocessed and “Material” meaning resource or substance.

Raw material as defined by CACERMDI is any unprocessed natural resource or substance modified to produce another resource or substance

In summary, raw material means natural resource.

Types of Raw Materials according to CACERMDI

There are three types of raw materials

  1. Mineral-based Raw Material
  2. Agro-allied or Agricultural Raw Material
  3. Fossil Fuels

A mineral raw material is a solid that is naturally occurring, homogeneous, and has been formed inorganically, having a definite chemical composition (or range of compositions), and an ordered atomic arrangement. Examples are potash, uranium, etc.

Saskatchewan has two of the most desirable minerals in the world – potash and uranium. The province has the largest potash industry in the world, accounting for about one-third of annual global production and hosting nearly half of the world’s known reserves. The world’s largest high-grade uranium deposits are located in northern Saskatchewan and that is the McArthur River Uranium Mine. However, if we talk of largest uranium deposit in the world without high grade, we would have Kazakhstan (in Central Asia) as the country with the largest deposit in the world.

Saskatchewan is the world’s leading supplier of uranium – 90 per cent is exported, with the remaining 10 per cent fuelling nuclear reactors in Canada. The province’s uranium is responsible for powering approximately one in 20 homes in the United States.

There is also significant unrealized potential for volcanogenic and sediment-hosted base metal deposits in supracrustal rocks of the Precambrian Shield of northern Saskatchewan. The Flin Flon mining camp, which straddles the Manitoba-Saskatchewan border, has been a substantial base metal producer for decades and is estimated to have the highest contained value of ore per square kilometre in Canada for this type of deposit.

There are areas with high gold potential that remain under-explored. In 2020, following six consecutive years of record-breaking production, the Seabee operation produced 81,686 ounces of gold. Gold exploration activity in Saskatchewan has traditionally focused on the Glennie and La Ronge greenstone belts and areas north and east of Lake Athabasca.

Saskatchewan’s Fort à la Corne area has one of the world’s largest kimberlite fields, with the surface area of some kimberlites exceeding 200 hectares. Star Diamond Corp., in partnership with Rio Tinto, is currently evaluating the Star-Orion South project, which is estimated to contain more than 66 million carats. Recent discoveries in the northeast part of the province have highlighted Saskatchewan’s potential for diamonds elsewhere.

The province also produces salt, kaolin, clays, as well as sodium and potassium sulphates and has strong potential for economic deposits of copper, zinc, nickel and cobalt, as well as rare earth and platinum group elements.

An Agricultural Raw Material refers to crop that is grown as well as animals reared to provide food, wool, and other products. Examples are cotton, raw latex, etc.

Saskatchewan is the world’s largest exporter of peas, lentils, durum wheat, mustard seed, canola, flaxseed and oats. Saskatchewan is recognized worldwide for the quality of its crops, and the province is also the second largest cattle-producing province in Canada.

Fossil fuels are raw materials from decomposing plants and animals. Examples are Coal, crude oil, and natural gas.

Saskatchewan produces coal, crude oil and natural gas

Saskatchewan is the second-largest oil producer in Canada and the sixth largest onshore producer in Canada and the United States.

The province has estimated oil reserves of almost 1.2 billion barrels.  Saskatchewan has refining and upgrading capacity, and an extensive network of pipelines.

Saskatchewan is home to a significant portion of the Bakken Formation, one of the largest conventional oil plays in North America.

Saskatchewan is the third-largest natural gas producer in Canada.

Estimated recoverable gas reserves are 1.8 trillion cubic feet.

Opportunities exist in shale gas in central and east-central Saskatchewan.

Saskatchewan’s expertise in clean coal technologies is a good example of how the province is committed to “greening up” its conventional energy resources.

For participants Information about opportunities to service Saskatchewan’s oil and gas industry can be found in the Oil and Gas Supply Chain Requirement Guide

Raw Materials Conference Focus/Display

We are focused on potash and uranium

We have only potash to present

Potash from six different mines were delivered to CACERMDI on Friday June 2, 2023 by Nutrien (A reputable Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash and the third largest producer of nitrogen).

The samples were given at no cost to be exhibited for educational purposes as well as for investors of means to have a visual ofwhat we have in the Province and how they might participate in business of Nutrien. Also, we are displaying raw materials for posterity in the event of not having them again in the Province.

From the bottom of the mine to the top of the silo, Nutrien is continuously committed to feeding the future safely and with integrity each day, leading the agriculture industry in innovation and bold new thinking because the future needs food.

CACERMDI is committed to educating the general public on raw materials and the Centre provides a means to view raw material of any kind in the raw form without having to go to the mine site where these materials are being excavated from the earth. This initiative will help people that have fear of depth to still view these raw materials outside that place of origin, and also prevent them from getting exposed to toxic substances associated with the raw material of interest.

Source (s) of Canadian Coal Used As A Raw Material for Electricity Generation

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Forty-one percent of electricity generated in Saskatchewan is from coal. The questions are: what is coal? how is it formed? Which Canadian Province has the highest occurrence or produces the highest amount of coal? Is the Canadian Government phasing out coal-fired electricity soon?

We shall begin as follow:

Coal is a raw material described as an energy- and carbon-dense black or brownish-black sedimentary rock formed from the remains of decayed plants submerged or buried within the earth and subjected to forces of heat and pressure for hundreds of millions of years, transforming in four stages chemically therefrom peat to lignite to bituminous and anthracite. The conditions to which the buried plants are subjected in terms of the geological forces determine the rating or rank. In other words, the greater the pressure and heat, the higher the rank of coal.

The carbon content of coal accounts for the energy content and it is believed that the heat released from coal when it is burned in the presence of oxygen is the accumulated heat taken in during the process of coal formation from dead plants.

It is crucial to note that very useful forms of other types of energy are obtainable from coal energy when coal is converted. The main use of coal is geothermal electricity generation and coal is also a key raw material in steel and cement production.

Globally, Canada comes number four as the largest exporter of metallurgical coal, after Australia, the United States and Russia.

Provincially, Alberta and British Columbia produce the highest amount of coal even though many parts of Canada have abundant coal.

Traditional coal-fired electricity would be phased out by the year 2030 according to the Canadian Federal Government’s announcement in 2018 of final regulations to phase out conventional coal-fired electricity but coal will still be used for metallurgical processes for many years to come.

Drilling and Facility Development for Lithium in Saskatchewan: Governmental Existing Incentives Now Expanded as A Driving Force.

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Made from Lithium as raw material are energy-dense rechargeable batteries. These batteries are used in laptops, cell phones, electric vehicles etc.

Lithium is also a raw material used in glass production to increase glass durability, glass corrosion resistance, and glass thermal resistance.

Other items made from lithium as one of the raw materials include: glass-ceramic stovetops, glass containers, specialty glass, and fiberglass.

There is a greater reliance on both new and recycled sources of lithium for batteries.

Lithium has been classified as critical mineral raw material and it has net-zero emissions.

There are 31 commodities on Canada’s critical mineral list and Saskatchewan has occurrences of 23 of the 31. It is worthy of note to say that lithium is on that list as a Canadian Critical mineral considered as essential raw material for the sustainable economic success of Canada.

We got reliable information that the Government of Saskatchewan has expanded both its Oil and Gas Processing Investment Incentive (OGPII) and its Saskatchewan Petroleum Innovation Incentive (SPII) programs to include lithium extraction from subsurface brine as existing incentives expanded for lithium projects. 

These incentives position the province of Saskatchewan as one of the best locations in the world for Lithium resource development and in clear view is the opportunity for growth and innovation in the sector in Saskatchewan.

The Canadian Centre for Raw Materials Inc. (CACERMDI) learnt that Saskatchewan Geological Survey with the Saskatchewan Ministry of Energy and Resources has already confirmed the presence of lithium in some Saskatchewan aquifers from their brine sampling program, which began in 2011

(https://www.saskatchewan.ca/government/news-and-media/2022/november/07/strengthening-saskatchewans-lithium-industry)

CACERMDI further learnt that two companies named Prairie Lithium and Grounded Lithium are currently drilling for lithium in the province of Saskatchewan.

Prairie Lithium since 2020 uses proprietary technology to extract lithium from subsurface brine water and drilled their own well dedicated to lithium extraction in the fall off 2021 whereas Grounded Lithium commenced drilling its first lithium focused well in the summer of 2022.

Reacting to the incentives, Zach Maurer who is Prairie Lithium Chief Executive Officer (CEO), acknowledged the fact that the Saskatchewan Governmental incentives would further help all parties in the lithium industry.

Also, Gregg Smith, the President and Chief Executive Officer (CEO) of Grounded Lithium said. “The geology of Saskatchewan chose us as the right place to pursue our lithium-from-brine project, and Saskatchewan stands out as a favourable jurisdiction for lithium resource development. We foresee significant growth over the next five years with drilling and facility development accompanied by the associated benefits of impactful job growth and royalty revenues.”

CACERMDI is aware that there are many more Lithium companies in Saskatchewan that have acquired subsurface mineral tenure to explore for lithium but are not yet to begin drilling

Which Canadian Province Ranks First in Mining Investment Attractiveness?

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Canada has 31 minerals considered critical minerals for the sustainable economic success of Canada and its allies. The province of Saskatchewan has 23 with three already being mined including – potash, uranium, and helium. There is a near-term production potential for several others, including lithium, copper, and zinc. There are also strong prospects for longer-term production of nickel and rare earth elements (REE), such as lanthanum, neodymium and gadolinium.

Mining Week was proclaimed by The Government of Saskatchewan in 2022 with the theme, Saskatchewan’s Critical Minerals: Essential to Global Security and Supply Chains.

The purpose of Mining Week was to showcase Saskatchewan as a sustainable, ethical producer in traditional and emerging areas.

Saskatchewan ranks first in Canada for mining investment attractiveness! It is the world’s largest producer of potash and has almost half of the world’s potash reserve. It is the location of the world’s largest uranium mine and largest high-grade uranium deposits. It is also the world’s second-largest primary producer of uranium.

Other mineral raw materials mined in Saskatchewan are gold, coal, sodium sulphate, helium, and clays and has undeveloped deposits of diamonds, base metals and a host of critical minerals including Rare Earth Elements (REE), Platinum Group Metals and lithium.

High-quality, trustworthy and easily accessible geoscience and mineral resource information can be found on the Saskatchewan Mining and Petroleum GeoAtlas.

Mineral dispositions can be acquired remotely via the online Mineral Administration Registry Saskatchewan (MARS) system.

The Mineral Development Strategy includes geoscience investigations, airborne geophysical surveys and the Targeted Mineral Exploration Incentive, which provides a 25% rebate on eligible drilling costs up to a max of $50,000 per company in a specified region of high potential for base metals, precious metals, and diamonds.

For more information, please visit (1) https://www.saskatchewan.ca/business/investment-and-economic-development/key-economic-sectors/minerals#:~:text=The%20province%20also%20produces%20coal,earth%20and%20platinum%20group%20elements.

(2) https://www.saskatchewan.ca/government/news-and-media/2022/may/30/mining-week-showcases-saskatchewan-as-critical-minerals-powerhouse

Where to find Canadian Gold Mines

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Gold is a precious metal. It is Canada’s most valuable mined commodity, with a production value of $13.7 billion according to a reliable government source.

Gold is mined in ten Canadian provinces and territories, with the majority coming from the provinces of Ontario and Quebec accounting together for 70% of mined gold production in the whole of Canada.

Canada is the fourth-largest global producer of gold.

Gold is useful for investment purposes and jewelry production (such as rings, necklaces, watches, etc.).

Investors generally could buy gold in the form of wafers, bars and coins, which are believed to offer a measure of protection from the risks of inflation and market volatility. Thus, we now understand that gold-backed exchange-traded funds (ETF) are another source of investment demand for gold.

Due to the excellent electric conductivity and resistance to corrosion properties of gold, approximately 8% of the demand for it is for use in technology applications, mostly as a component of micro-circuitry in a range of electronic products.

Canadian gold mines are found in Quebec, Ontario, Manitoba, Nunavut, Saskatchewan, Yukon, Newfoundland and Labrador, British Columbia, Alberta and Nova Scotia.

Apart from the gold mines in Canada, locations exist for recycling gold making gold to be continually available

Gold often in the form of old jewelry is melted down for reuse. A major motivation for consumers to sell or hold on to their gold jewelry is the price of gold in their respective currencies.

When gold prices rise, it usually increases the supply that is available for scrap (recycled gold). The recycled gold supply decreased to 1,150 tonnes in 2021, down from 1,292 tonnes in 2020.

Recovering gold from end-of-life electronics is an additional and major contributor to the global scrap supply.

Find out why Canada is the world’s largest producer and exporter of potash

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Potash refers to a group of minerals and chemicals that contain potassium (chemical symbol K), a basic nutrient for plants and prime ingredient in fertilizer. It is observed that most of the potash produced is as potassium chloride (KCl), even though it is often measured and described in terms of potassium oxide (K2O) equivalence for consistency as a result of deposits that could have different percentages of potassium.

It is important to say that Canada remains the country with the world’s largest potash reserves, at 1.1 billion tonnes of potash (the equivalent to potassium oxide).

The primary use of potash is in the production of fertilizers which support plant growth, increase crop yield and disease resistance, and enhance water preservation. Potash in small quantities is also used in manufacturing potassium-bearing chemicals such as: detergents, ceramics, pharmaceuticals, water conditioners and alternatives to de-icing salt

The human diet contains potassium as an essential element that is required for the growth and maintenance of human tissues, muscles and organs, as well as the electrical activity of the heart.

Saskatchewan is the only Province in Canada that is referred to as the sole producer of Potash in Canada and the Province is the largest potash producer in the whole wide world and typically accounts for about 30 percent of global potash production.

Question: Why is Canada the world’s largest producer and exporter of potash

Answer: Saskatchewan