KPMG Canada Reveals the Challenges of Canadian Mining in Securing Critical Minerals
KPMG Canada Highlights Barriers in Canadian Mining
KPMG Canada has shed light on the pressing issues within the Canadian mining sector, specifically regarding the extraction of critical minerals. Mining executives have conveyed a consensus that the task to develop new mines is becoming increasingly strenuous due to multiple factors.
Access to Capital and Permitting Issues
According to KPMG Canada, while securing capital is essential, the main impediment lies in the permitting process that is fraught with delays and regulatory hurdles. These challenges threaten the sustainability of the mining industry in Canada.
Strategic Approaches Needed for Future Growth
The voices from industry leaders stress that innovative solutions and strategic planning are paramount for overcoming these difficulties. Addressing these key issues will be crucial to ensure the growth and sustainability of Canadian mining.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.