Mineral sales in Saskatchewan last year more than doubled its previous record, landing at over $19.4 billion.
The province says contributing factors included increased production and higher prices in response to supply disruptions, along with ever-increasing global demand. The reopening of Cameco’s McArthur River mine in northern Saskatchewan meant increased production for uranium, while gold mining had its highest production numbers in over 30 years with a record 136,000 ounces extracted from the Seabee mine. A release from the province states that Saskatchewan has 23 of the 31 critical minerals on Canada’s list and nearly half of the world’s known reserves of potash, and the world’s largest high-grade uranium deposits.