The ‘valley of death’ for Canada’s mining companies episode artwork

EPISODE · Feb 12, 2025 · 19 MIN

The ‘valley of death’ for Canada’s mining companies

from The Decibel · host The Globe and Mail

Canada wants to position itself as a leader in the critical mineral industry, as the world becomes more reliant on renewable energy. But its young mining companies are struggling, due to a mix of factors including changes to the local investment landscape, heavy restrictions on money from Chinese investors and, according to some industry insiders, excessive red tape. The struggle is particularly acute for mining companies in the middle stages of development, which is known in the industry as the “valley of death.”The Globe’s mining reporter Niall McGee breaks down why companies are sounding the alarm, and what it means for Canada’s future in the industry. Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Canada wants to position itself as a leader in the critical mineral industry, as the world becomes more reliant on renewable energy. But its young mining companies are struggling, due to a mix of factors including changes to the local investment landscape, heavy restrictions on money from Chinese investors and, according to some industry insiders, excessive red tape. The struggle is particularly acute for mining companies in the middle stages of development, which is known in the industry as the “valley of death.” The Globe’s mining reporter Niall McGee breaks down why companies are sounding the alarm, and what it means for Canada’s future in the industry. Questions? Comments? Ideas? Email us at [email protected]

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The ‘valley of death’ for Canada’s mining companies

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This episode was published on February 12, 2025.

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Canada wants to position itself as a leader in the critical mineral industry, as the world becomes more reliant on renewable energy. But its young mining companies are struggling, due to a mix of factors including changes to the local investment...

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