BC Mining Suppliers Facts

courtesy of The Mining Suppliers Association of BC

BC Mining Suppliers

Economic benefits from mining operations extend far beyond mine sites and the communities that surround them.  In fact, many BC communities benefit from a single mining operation.  For example, the Copper Mountain Mine near Princeton had a feasibility study prepared by an engineering firm in Vancouver, conveyor systems supplied by a company in Surrey, belting from a firm in Burnaby, explosives from a company in Williams Lake, fuel and steel balls from companies in Kamloops and haul truck tires from a company with a head office in Vernon.

Mining suppliers can generally be separated into three categories:

  • Suppliers (heavy equipment sales, wear-plate manufactures, fuel service providers)
  • Contractors (construction, transportation)
  • Consultants (engineering, taxation, legal) 

Global Infomine has identified 1119 supplier firms active in BC in 2017.  Of these, over 150 are members of the Mining Suppliers Association of BC.

Economic and Social Impacts

In 2011 PwC Canada (PwC) was commissioned to provide a comprehensive report (Economic Impact Analysis) on the full economic impact of mining in BC based on their 2010 BC mining survey.  It showed that for every direct job at BC mining operation at least two indirect supplier jobs are supported.

  • In 2010, mining suppliers were responsible for generating $2.7 billion of the estimated
  • 8.9 billion total economic output of the mining industry in BC in 2010.
  • Mining suppliers generated an estimated $253 million in federal, provincial and municipal taxes in 2010.
  • Total value added generated by mining suppliers in 2010 was approximately $1.3 billion.

These results are consistent with more recent studies on supplier contributions in other mining jurisdictions.  Find them at votemining.ca.

Transportation

  • In 2014, just one of BC’s copper mines required 7 triple-shifted trucks with 21 drivers and 10-12 shipments per day to send its copper concentrate to Vancouver wharves. Canada-wide, trucks carried $23.2 billion in mining-related products for export in 2015.
  • Mining accounts for approximately half of Canada’s rail-freight revenues and tonnage annually, typically exceeding $6 billion in expenditure.  In 2015, shipments of coal, iron ore and other minerals and metals represented 51.4% of Canadian rail freight revenue.
  • Steelmaking coal accounted for 27% of the total volume handled at the Port of Vancouver in 2015.  All mining products account for nearly 71% of the port’s volume.  Prince Rupert, Kitimat and Stewart are home to additional key ports for BC & Canadian mining products. 

 

Source: Mining Suppliers Association of BC. For more information visit www.miningsuppliersbc.ca

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