Canada is in the top-five of the world’s largest copper producers, and the majority of the country’s copper is mined from British Columbia. While British Columbia is not a newcomer to the copper mining and exploration scene, the province has received a renewed interest in the past few years. British Columbia is home to the famous Highland Valley Copper Mine, one of the largest open pit mines in the world. The Highland Valley Copper Mine, which has changed owners a few times, first opened in 1962.
The mine is currently scheduled to be operational until at least 2025, and may be extended an additional 10-15 years. Recently, explorers have been scouring British Columbia, looking for new copper deposits and potential extensions of the same geology that lead to the Highland Valley Copper Mine. There are dozens of miners and explorers currently operating in British Columbia. A sample of companies involved include: Fjordland Exploration (CVE: FEX), Taseko (TSE:TKO), Copper Mountain Mining Corp (TSE:CUM), Teck Resources Ltd. (NYSE:TCK), etc.
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