Despite Challenges Mining Industry Will Sustain Timmins for Years to Come – Mining.com

Oct 23, 2014

The future of Timmins as a mining centre was highlighted in outgoing Mayor Tom Laughren’s final State of the City speech earlier this week. Laughren who served two terms as Mayor commencing in 2006 before deciding not run in the 2014 election.

“When people think of Timmins, the image that often comes to mind is mining exploration, mining production and mining supply,” Laughren said. “In fact the mining industry employs thousands and has created wealth and opportunity here for over 100 years”.

Challenges for the Mining Sector

Laughren listed the major challenges faced by Timmins in the future to be the price of gold, global demand for minerals and the availability of mineral deposits for future development. Another major challenge will be the sunsetting of Glencore’s Kidd Creek mining operation in 2021.

“I am an optimist and truly believe that this industry will continue to sustain us for many years to come,” Laughren said.

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