RE:If this were CanadaInteresting that you have to go back 40 years to find a highly profitable mine in Canada. There are a handful of others, including Eskay Creek, Snip and Arthur White for gold. Ekati and Diavik in diamonds. These are all 20+ years ago. Probably none in uranium because the high grade flagship, Cigar Lake, was a disaster, and will be shut by the time it has recouped the billions of capital over a decade delay in development. For base metals, do we have to go back to Kidd Creek, which started in 1966? You could point to the potash complex, which has been operating a long time. Or Teck Cominco's coking coal mines, which were bought from Fording, a spin-out from the Canadian Pacific Railway, that great stock of the 19th century. The big discovery with the great promise in the last supercycle was Quebec-based Eleonore, of Virginia Mines. Well, Goldcorp has put billions into the ground on this, and it is now expected to produce at 2/3 the designed capacity, or 400koz/ann, and at $1100/oz, which would be earning what, $70 million in after tax profit per annum? But what else did this supercycle produce in the way of mines in Canada? Don't say Detour Lake or Malartic. These are marginal at best, and cost indecent sums to develop. You could add Baffinland for iron ore, actually discovered in the sixties but just gone into production, but which was sold out for a song in a questionable deal to ArcelorMittal, and was subject of extensive shareholder litigation. Management risk again? The one great discovery of the decade is probably Arrow, which would be great when (if?) the uranium market comes back, and if Nexgen can ever get a permit for it. How is rule of law working in Saskatchewan? For or against mines? Perhaps for, but after 20 years of baseline environmental studies once all your money is gone. Sorry to say it, but Canada is a has-been of mining.