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  • A Portrait Of AME BC: Commemoration Of 100 Years Of The Association For Mineral Exploration British Columbia  0 comments
    Nov 30, 2012 12:55 AM | about stocks: ZTMUF

    Using a striking interplay of facts, figures and illustrations, Visual Capitalist commemorated a milestone in B.C. mining history-the 100th anniversary of the Association for Mineral Exploration British Columbia.

    When AME BC started out back in 1912, the province boasted 86 mines. Now it's down to 21, but they directly employ some 32,000 workers, compared to just 3,837 a century ago. In 1912 B.C. mines produced commodities worth $771.4 million, adjusted for inflation. Last year the number came to $8.747 billion.

    Yet the B.C. organization is hardly limited to B.C. This year's AME BC Mineral Exploration Roundup brought 8,320 participants from 38 countries. The world's premier technical mineral exploration conference next takes place January 28 to 31, 2013.

    Visual Capitalist points out another aspect of B.C.'s influence on the global mining scene. Thirty-five countries have now adopted B.C.'s health, safety and reclamation code. Just recently, the province's international stature has been further enhanced with a $25-million federal grant to create a Vancouver-based Canadian International Institute for Extractive Industries and Development. The project includes AME BC as a strategic partner, along with the University of British Columbia and Simon Fraser University. "The new institute will offer developing countries knowledge of best practices in extractive technology, public policy and regulations, and health and education outreach in order to empower industry, governments and non-governmental organizations to reduce poverty while protecting the environment," according to a November 23 AME BC statement.

    AME BC president/CEO Gavin Dirom added, "Having this new institute based in Vancouver reflects the fact that British Columbia is the global centre of excellence in mineral exploration and development. Along with being the headquarters of many major international mining companies, there are 1,000 junior exploration and intermediate mining companies that are exploring, discovering and developing mineral resources around the globe. On top of that, there are approximately 2,400 international service consultants and supplier companies supporting the sector in technical, legal and financial affairs."

    The announcement came just days before AME BC's hundredth-birthday bash, which drew over 500 people to the November 27 celebration.

    And, courtesy of Visual Capitalist, here's a visual celebration of AME BC's hundred years:

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ZTMUF
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