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

Kitco Media
By Neils Christensen
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(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

Kitco Media

Neils Christensen

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @KitcoNewsNOW

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