QSA's Week in Mining (#9, 2024)
Canada-Philippines trade shows mining potential; Twitter insights on minerals; Oil and gas capital spending drops; Nuclear collaboration between Canada and Philippines; Mineral supply gaps.
Start Date: 2024-11-30
End Date: 2024-12-06
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Canada-Philippines Trade Mission Highlights Mining Opportunities
The Team Canada Trade Mission to the Philippines, led by Minister Mary Ng, concluded with numerous initiatives relevant to the mining sector. Canadian company B2Gold opened an office in the Philippines, indicating potential for exploration and partnerships in the region. With Canada being the only G7 country with an Export Development Canada office in Manila, this setup could facilitate mining businesses seeking entry into Southeast Asian markets. Furthermore, exploratory discussions about a bilateral free trade agreement might pave the way for smoother trade in critical minerals. The mission's success underscores Canada’s strategic interest in enhancing economic ties in the Indo-Pacific.
Sources: ['Announcements: www.canada.ca']