British Columbia ranks fourth in Canada for mineral exploration expenditures, with 14% of all exploration spending taking place in this province in 2016.
The Ministry of Energy and Mines (MEM) and Natural Resources Canada (NRCan) both compile data on provincial exploration spending.
Prior to 2016, MEM’s regional geologists and Mineral Development Office generated annual exploration expenditure estimates. In 2016, exploration expenditures, drilling estimates and other metrics were captured in the British Columbia Mineral and Coal Exploration Survey, which replaces the annual MEM survey (see the “B.C. Exploration Survey / Provincial Geoscience Statistics” column in the table below). The survey is a joint initiative between MEM, the Association for Mineral Exploration, and Ernst & Young LLP.
NRCan uses data obtained through the federal-provincial/territorial Survey of Mineral Exploration, Deposit Appraisal and Mine Complex Development Expenditures (see the “NRCan Survey” columns in the table below) to generate its estimates. Because the same survey is administered in the same way to all provinces and territories, NRCan’s estimates are used when comparing B.C. exploration spending to other provinces and territories.
B.C. Exploration Survey / Provincial Geoscience Statistics (C$ millions)
p = Preliminary estimate.
- For more information, see Regional Highlights in Exploration