ARCHIVE

Canadian coal products take huge fall

A REPORT compiling the performance of manufacturing in Canada has revealed coal product shipments...

Donna Schmidt

This article is 11 years old. Images might not display.

Statistics Canada said in its latest monthly survey that manufacturing sales were down 2.4% to $C48.2 ($US47.3) billion. That is the fourth decline in five months and the largest dip in percentage since August 2009.

The group cited lower sales in coal products as well as petroleum for the decline. Combined, they brought in $C6.3 billion, down 8.8%, or the lowest level since June 2011.

The two have suffered a 14% decrease since November. In April some refineries reported maintenance or summer fuel switches resulted in slowed or halted production for longer periods.

Sales in the primary metal industry dropped 8.7%, the most since May 2009, to $3.4 billion – its lowest level in more than three years.

That industry's sales have fallen 11% since November.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets