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The article below was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.
Click here for a copy of the report: http://www.oma.on.ca/en/ontariomining/resources/UofTMiningReport2012Final.pdf
The Ontario Mining Association’s 2012 mineral sector economic impact study “Mining: Dynamic and Dependable for Ontario’s Future,” was released today at the University of Toronto’s Rotman School of Management. University of Toronto economists Peter Dungan and Steve Murphy presented the key findings of their 81-page report, which was completed for the OMA, to industry representatives, government officials, academics and the media. Along with plenty of commentary and analysis, the study contains 47 charts, 32 tables and four maps.
“We know mining makes important contributions to the society and economy in all regions of this province and this study helps us quantify the scale of many of these positive impacts,” said OMA President Chris Hodgson. “Mining is an expanding component of the Ontario economy. The world wants Ontario’s mineral products and if the province provides necessary infrastructure support and maintains an atmosphere conducive to investment, it will continue to be pulled ahead by a strong mining industry.”