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The Contribution Of Mining To Economy

Mining is one of Canada"s most important economic sectors and is a major driver of our country"s prosperity

. In 2009, the industry contributed $32 billion to our gross domestic product (GDP) and employed 306,000 workers in the sectors of mineral extraction, processing and manufacturing. It is an industry that stimulates and supports economic growth both in large urban centres and in remote rural communities, including numerous First Nations communities; mining is an important employer of Aboriginal Canadians.Henan Hongxing Mining Machinery Co., Ltd is a joint-stock mining machinery manufacturing enterprise integrated in scientific research, production and marketing. It is located at the High & New Technology Industries Development Zone of Zhengzhou,China with an area of 50 thousand m2 which includes 15,000 m2 of standard heavy duty industrial workshop. Equipments are more than 160 pieces, including large and medium sized metal processing, riveting and installing equipments. There are more than 660 workers including 80 administrators with secondary and senior occupational titles and engineering technicians. In order to promote the competitive strength, the advanced technologies have been introduced from America, Germany, Japan and Australia, which established the international advanced production line, first-class modern testing base as well as research centers of sand maker, mill and mine-selecting equipment. Scientific management, advanced processing technology and innovative manufacturing theory make the company become the mining machinery manufacturing and exporting base in China.

Mining accounts for 19% of Canadian goods exports and $5.5 billion in taxes and royalties paid to federal, provincial and territorial governments. The industry also generates considerable economic spin-off activity: There are more than 3,200 companies that provide the industry with services ranging from engineering consulting to drilling equipment. In addition, over half the freight revenues of Canada"s railroads are generated by mining.Globally, Canada remains the top destination for mining exploration, attracting 16% of the world"s spending in this sector. In the same vein, Canada is recognized internationally as a source of mining leadership and related finance expertise: There are approximately 1,000 Canadian exploration companies active in over 100 countries.Mining impacts our everyday lives not only from a broader economic and employment perspective, but in our day-to-day living. From mining come the highways, electrical and communications networks, clean-energy technologies, housing, automobiles, consumer electronics and other products and infrastructure essential to modern life. As the professional manufacturer of complete sets of mining machinery, such as Belt Conveyor,Cement production line,Screw classifier, Henan Hongxing is always doing the best in products and service.China cement mill:http://www.crusher-machine.com/23.html Artificial sand maker:http://www.hxjqchina.com/product-list_57.html

by: maggie


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The Contribution Of Mining To Economy