Make Kitco Your Homepage

Gold still shines bright in Quebec but critical metals are a rising star

Kitco News

(Kitco News) - Gold and silver have been the bread and butter of Quebec's mining sector, but growing demand for critical metals is creating new opportunities in the province's northwestern Abitibi region, according to Maxime Guilbault, a partner at PWC. Talking with Kitco News at the Xplor mining conference in Montreal, Quebec, Canada, Guildault said that more investment capital has to flow into critical metals in Quebec for the sector to see sustainable growth.

However, he added that the growing demand for lithium means it's only a matter of time before the province a critical metals mine.

"[Quebec] is in a good position to catch the wave and be in the forefront of the energy transition," he said.

Quebec is a top gold, silver mining district, but it can't rest on its laurels

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.