This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.
The Ontario Mining Association highlighted many of the contributions of mining in a web-based seminar of the Lake Superior Binational program. “Ontario Mining: A Partner in Prosperity Building” was the title of the OMA presentation in a workshop on the Socio-Economic Aspects of Mining in the Lake Superior Basin.
“There are lots of statistics with dollar signs that could be used to illustrate the positive economic impact of mining,” said Peter McBride, OMA Manager of Communications. “However, the real impact of mining is its role in developing people and communities. Mining provides a broad scope of employment and entrepreneurial opportunities, community building and infrastructure enhancement.”
Ontario´s place as the number one mining jurisdiction in Canada both in terms of mineral production and mineral exploration was emphasized. Mining provides Ontario with a trade surplus of about $3.3 billion, corporate tax revenues of more than $600 million and an industry payroll of about $1.2 billion, annually. The sector invests about $2.7 billion annually in R&D, exploration, construction and equipment.
Other presentations at the webinar of the Lake Superior Binational Program´s Mining Sub-Committee, which was chaired by Mike Ripley of the Sault Ste. Marie based Chippewa Ottawa Resource Authority, included Peter Homenuck who is a consultant and professor emeritus in environmental studies at York University.