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On the Edge of Discovery: Canada’s Next Gold District

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The following content is sponsored by SKRR Exploration Inc. and Taiga Gold Corp.

Taiga Gold Corp. SKRR Exploration
Trans-Hudson Corridor

On the Edge of Discovery: Canada’s Next Gold District

Canada is home to some of the greatest gold districts in mining history. These regions occur mostly across Ontario, Québec, and British Columbia, where past mineral exploration has uncovered their geological potential.

But Canada is vast, and there are still more regions to explore—in particular, the Trans-Hudson Corridor. It’s here that SKRR Exploration and Taiga Gold are leading the way into a new mineral frontier, with the hope of uncovering Canada’s next gold district.

Canada’s Major Gold Districts

The Abitibi Greenstone Gold Belt, the Red Lake Gold District, and the Golden Triangle are key sources of gold in Canada.

  1. Ontario and Québec’s Abitibi Greenstone Gold Belt:

    With over 100 mines, this gold belt stretches across the provinces of Ontario and Québec from Wawa to Val-d’Or. The belt has produced a massive 180M ounces of gold over its history and remains today a source of gold and employment in Northern Ontario.

  2. Ontario’s Red Lake Gold District:

    The Red Lake Gold District experienced its first gold rush following initial discoveries in 1897 and 1925. With over 30M ounces of gold produced since then, the Red Lake mining district is one of the largest and highest-grade gold camps in North America.

  3. British Columbia’s Golden Triangle:

    Having hosted the Stikine Gold Rush and the Atlin Gold Rush, the Golden Triangle is a popular destination for exploration companies. Investment in the region has produced 5.26M ounces of gold and impressive discoveries such as the Bruce Jack mine and the Kerr-Sulphurets-Mitchell (“KSM”) project.

Although these regions have garnered attention from large mining companies, the Trans-Hudson Corridor is open for a new era of discovery, and very few companies have taken advantage of it.

The Trans-Hudson Corridor: Canada’s Next Gold District?

The Trans-Hudson Corridor lacks an extensive exploration history, but it shows potential as a prime area for discovery.

Geological Potential

The Trans-Hudson Corridor stretches from the Dakotas of the United States to James Bay in Canada. One of the few remaining exposed portions of the Trans-Hudson, the Black Hills region of South Dakota, hosts the famous Homestake Mine, which produced 43.7 million ounces of gold and 9.9M ounces of silver before closing in 2001.

Despite the geological potential of this corridor, there have only been a few operating gold mines in the northern portion of the Trans-Hudson. One study indicates there may be more gold mineralization near the Snow Lake mine.

Saskatchewan: Major Gold Mines and a Lack of Exploration

Saskatchewan has geological potential—but compared to other regions, explorers are barely scratching the surface.

For all of Canada in 2018, mining and exploration investment amounted to C$2.2 billion. Saskatchewan received some of the lowest amounts with only C$165 million expended. Only 2% of the $165 million went towards exploration for gold, while the rest for uranium and potash.

Canada: Safe and Stable Mining Jurisdiction

The Trans-Hudson Corridor offers a safe, stable, and accessible mining region in today’s volatile world. In particular, Saskatchewan provides a competitive edge for mineral exploration:

  • Affordable access to North American capital markets
  • Mineral exploration incentive programs
  • Low-cost, high-quality road and power infrastructure
  • A well educated and professional workforce

Canada has the geological potential for big gold discoveries and the next era of discovery could be waiting in the Trans-Hudson Corridor.

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Visualizing Copper’s Global Supply Chain

Copper is a global industry, from the mines of South America to refineries in Asia. However copper’s supply chain has several inherent risks.

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Copper Supply Chain

Copper is all around us: in our homes, electronic devices, and transportation.

But before copper ends up in these products and technologies, the industry must mine, refine and transport this copper all over the globe.

Copper’s Supply Chain

This infographic comes to us from Trilogy Metals and it outlines copper’s supply chain from the mine to the refinery.

Copper's Supply Chain

Copper Deposits Around the World

Copper is a mineral that comes from the Earth’s crust. However, natural history did not evenly distribute it around the world. There are certain geological conditions that need to happen to make an economic deposit of copper.

There are two primary types of copper deposits:

  1. Porphyry Copper Deposits

    These copper ore deposits form from hydrothermal fluids coming from magma chambers below the copper deposit. These are currently the largest source of copper in the world.

  2. Sediment-hosted Copper Deposits

    These are copper deposits that occur in sedimentary rocks that are bound by layers. They are formed by the cooling of copper-bearing hydrothermal fluids.

Copper-containing rock or ore only has a small percentage of copper. Most of the rock is uneconomic material, known as gangue. There are two main copper ore types in mining: copper oxide ores and copper sulfide ores.

Both ore types can be economic, however, the most common source of copper ore is the sulfide ore mineral chalcopyrite, which accounts for ~50% of copper production.

Sulfide copper ores are the most profitable ores because they have high copper content, and refiners easily separate copper from the gangue. Sulfide ores are not as abundant as the oxide ores.

Copper Trade Flows

While copper is a global business, there are clear leaders in the production and refinement of copper based on geology and demand. Chile is the major source for copper, exporting both mined and refined copper.

In a list of the 20 biggest copper mines, 11 reside in Chile and Peru accounting for 40% of mined copper. Meanwhile, China is a leading importer and exporter of refined copper, and it’s home to 9 of the 20 biggest copper smelters in the world.

Copper Imports/Exports

However, this concentrated geography of supply creates risks for the the copper trade.

Inherent Risks

While Chile is one of the richest sources of copper in the world, the mining industry has exploited copper deposits to the point where the grade or quality of the copper ore is declining.

Codelco, the national copper miner of Chile and the world’s largest producer of copper, plans to spend $32B by 2027 to extend the life of its current mines and maintain its copper output.

In addition to declining grades, the geography of copper mining exposes the risk of supply disruption by natural forces.

The borders of Chile and Peru overlap the intersection of the Nazca and the South American Tectonic plates. Movement of these plates can produce powerful earthquakes.

According to one study, regions in Chile and Peru face a greater than 85% chance of a serious earthquake in the next 50 years, potentially disrupting copper mining operations. And according to Wood Mackenzie, a 15-day closure of copper mines in Chile and Peru could wipe out 1.5% of global annual production, or 300,000 tons of copper.

Falling grades and tectonic risk suggest that mining costs are likely to increase, making copper production more expensive and new discoveries more valuable.

Copper for the Future: New Discoveries

As economies grow and infrastructure needs increase, the demand for copper will grow. However, without new discoveries and sources of production, the world could face a shortage of the red metal.

According to data from S&P and the London Metals Exchange, the discovery of copper has not kept up with investment in copper exploration. If this trend persists, there will not be enough copper to replace current resources. On top of this, production from already producing copper mines face resource exhaustion and declining grades.

In order to maintain copper’s supply chain, the world needs new copper discoveries to ensure everyone has access to the materials and products that make modern life.

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The Evolution of Higher Education: 5 Global Trends To Watch

Higher education is facing a new wave of change during the pandemic. What are the new priorities of 2,200 students and staff worldwide?

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Salesforce.org

Higher education has gone through tremendous change during the COVID-19 pandemic.

In the face of uncertainty, it’s become evident that institutions with prior investment in digital technologies are emerging more agile and resilient. For example, online communities have helped 30% of students feel more connected with other students during this time.

Below we look at key data from the Global Higher Education Research Snapshot from Salesforce.org—in partnership with market research firm Ipsos—which reflects the new attitudes and priorities of 2,200 students and higher education staff worldwide.

To understand the shifting landscape across higher education, the survey explores five key trends: connection, trust, wellbeing, flexibility, and career.

1. Communications Help Students Feel Connected

In a typically isolating time, 75% of students wanted to receive weekly (or even more frequent) pandemic-related updates.

Why? These consistent communications from institutions actually help students feel more close and connected than in previous years.

01 Higher Education Trends -Connection

This valuable sense of belonging is increasingly happening through online communities and other digital channels, but institutions have significant room left to grow in this area.

2. Has The Pandemic Fractured Trust?

The pandemic has worsened existing trust gaps that exist between university leadership, students, and staff. Part of this may be due to a lack of resources provided during imposed COVID-19 restrictions.

02 Higher Education Trends - Trust

From personal protective equipment such as masks/hand sanitizer to transparent COVID-19 response plans, students also expect a myriad of resources from their universities to help put them at ease.

3. Juggling Wellbeing Concerns

Months of lockdowns and persistent social distancing have understandably shaken up students’ university experiences.

This is further compounded by various well-being challenges, from financial anxieties to juggling familial responsibilities.

03 Higher Education Trends - Wellbeing

On the bright side, such demand creates an opportunity for institutions to provide more tailored well-being support through digital-first channels.

4. Students Are Drawn to Online Learning

As the pandemic seemingly creates new challenges by the day, many students are seeking more flexible options for when and how they learn.

04 Higher Education Trends - Flexibility

The good news? There’s already evidence of this shift. Over half (57%) of staff say their institutions are investing in new modalities or revenue streams to attract new students, including more flexible learning options.

5. Uncertainties Remain Around Future Plans

Economic changes are causing over half (51%) of students to reconsider their education plans. In addition, of the staff that expect to see an increase in adult learners’ enrollment, a majority believe it will come from pandemic-influenced needs to reskill or upskill in this climate.

05 Higher Education Trends - Career

This uncertainty also affects students’ future plans—60% are concerned about finding employment after graduation. They want to be set up for career success in all areas, yet only a handful of them have the appropriate resources available.

How The Trends Intersect

These above trends aren’t disparate to the student and staff experience. Rather, they are intricately linked with one another, as the following question illustrates.

06 Higher Education Trends - Combined Question New

The pandemic has reshaped expectations of higher education—but it’s also created an opportunity for institutions to accelerate their digital transformation.

By providing more wellbeing resources, career support, and flexibility, universities can drive trust and support their students’ needs in the new normal.

Want more details?

Visit Salesforce.org’s Global Higher Education Research Snapshot to learn more.

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