INDUSTRY FACTS
Based on the presentation today, what are TWO of the primary commodities produced in Canada?
Cobalt, Copper, Diamond, Gold, Iron Ore, Lead-Zinc, Nickel, Potash, Silver, or Uranium
What is ONE client with a Mine in Canada?
Centerra, Alamos, Kinross, Seabridge, Equinox, Tacora, Mountain Province Diamonds, IAMGOLD, Denison, or Wallbridge
Does underground mining typically give access to lower or higher grade deposits?
Higher-Grade
What is one of the methods for processing ore discussed today?
Milling or Heap Leaching
What is the formula for Free Cash Flow?
Cash from Operations - Capital Expenditures
Based on the presentation today, what is ONE of the primary trends affecting gold prices?
Geopolitical Uncertainty, Inflation Rates, or Investor Demand
Which client operates the Young-Davidson mine in Ontario?
Alamos Gold
What is the mining term for the elevator for transporting mine personnel up and down the vertical shaft?
Cage
How is Ore typically prepared before it is processed?
Crushed
Which IFRS standard defines Management-Defined Performance Measures (MPMs)?
IFRS 18
Based on the presentation today, what are TWO of the main areas of opportunity for the Mining Industry?
Artificial Intelligence, Use of Technology, Decarbonization, or Circular Metals
Which client experienced a Tailings incident in 2024?
Jaguar Mining
Based on the presentation today, what is ONE of the typical methods of surface mining?
Open Pit, Strip Mining, or Mountain Top Removal
What is the purpose of a Tailing's pond/dam?
To store leftover materials and chemical waste
What criteria are required to be met to re-classify an asset from IFRS 6 to IAS 16?
Technical Feasibility and Commercial Viability
Canada is the top global producer of what commodity?
Potash
Which client is ENR's largest client (by market cap)?
Based on the presentation today, what is ONE of the typical methods of underground mining?
Room and Pillar, Sub-Level Stoping, or Cut and Fill Mining
What is a chemical commonly used to extract gold from ore?
Cyanide
Capitalized Stripping, Valuing Business Combinations, Used in Impairment, ARO Timing, Depreciation, or Deferred Taxes
According to the data available from 2023, roughly what percent of Canada's GDP did the mining industry contribute?
6%
Which client is a producer of Uranium?
Denison Mines
In what Country is the deepest operational mine in the world?
South Africa
What term is used to describe gold that is at least 99.5% pure?
Gold Bullion
What is the basic formula used to calculate the Strip Ratio, associated with Capitalized Stripping?
Actual Waste Tonnes Mined/Actual Ore Tonnes Mined