Saturday, May 15, 2010

Mining Show Highlights

 I attended the CIM (Canadian Institute of mining, metallurgy and petroleum) 2010 event in Vancouver last week. The 3 days were packed with various workshops, hands on exhibits and plenty of industry related booths. There were many students from SFU as well as other schools across Canada looking to meet with job recruiters. 

Many businesses working in the energy field had a tough 2008/2009 but were gearing up for 2010 onward. I saw a presentation from De Beers. They opened their first diamond mine outside of Africa in the NWT, 2008. They also operate the Victor mine (diamonds) in Ontario. There are plans for another Western project in the works too. 

The size and scale of the mining industry in Northern BC and, to a lesser degree, Alberta is staggering. I was impressed with sub industries involved in supporting these and other large scale operations; roads/infrastructure, electrical, pneumatic machinery, piping, health services, administration, transport, relocation, entertainment and the list goes on. 

Another interesting workshop was one made by mining families and the (positive) impact that mines have within the Northern communities. It is interesting stuff and having attended the show I have a better understanding of how much long-term impact and growth the multi-million dollar projects (and billion dollar ones) spin off into our economy.

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth. 

The time IS now...

"Thinking easy, acting is difficult, and to put one's thoughts into action is the most difficult thing in the world." - Johann Wolfgang von Goethe 

Kind Regards,

Todd and Danielle Millar

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