Some facts
posted on
Apr 07, 2011 07:51PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Fact:When you see the stats below. It is clear. We need change. The ROF which is 4x the size of the Sudbury Basin has unearthed some treasures in a short period of time and will become a major superstore of product. Hopefully, it is stats like the ones below that will open some eyes and create the realization that ....we have to make finished goods with this stuff. I keep reading interesting stories of the future demands for palladium, platinum and vanadium and their growing new uses.
I urge you to look at this video and to listen to all of it. It's about vanadium ...again.
http://www.youtube.com/watch?v=qB1UhDMUrmc&NR=1
Once, you listen to this in it's entirety you ...hear about identifying manufacturing partners. ..you hear..India ,, China... Would be nice to hear......Canada ...one day!
Fact:
Vanadium is mined mostly in South Africa, north-western China, and eastern Russia. In 2007, these three countries mined more than 95 percent of the 58,600 tonnes of produced vanadium. Canada is moving up on the list when it comes to vanadium production, and therefore is well positioned to capitalize on the current green energy push. For now, Canada remains a marginal producer of vanadium, but exploration activity is heating up in the region. The lack of production is definitely not due to lack of supply
Fact: Canada's rising trade deficit with China
The growth in Canada's imports from China during the past decade has outpaced the growth in our exports to the country.6 As a result, our trade deficit with China has expanded from $3.9 billion in 1997 to $31.6 billion in 2010.
2010 $31.6 billion deficit
2009 $28.7 billion deficit
2008 $32.5 billion deficit
2007 $29.3 billion deficit
2006 $26.8 billion deficit
2005 $22.7 billion deficit
2004 $17.9 billion deficit
2003 $14.6 billion deficit
2002 $12.4 billion deficit
2001 $8.7 billion deficit
2000 $8.0 billion deficit
1999 $7.4 billion deficit
1998 $5.1 billion deficit
1997 $3.9 billion deficit
1996 $2.1 billion deficit
1995 $1.4 billion deficit
1994 $1.7 billion deficit
1993 $1.5 billion deficit
1992 $0.3 billion deficit
1991 $0.1 billion surplus
fact: April 7, 2011
OTTAWA – Canada had a $9-billion merchandise trade deficit last year, nearly double what it was in 2009, as the value of imports rose faster than exports to other countries, Statistics Canada reported Thursday.
Exports from Canada to all countries rose 9.5 per cent in 2010 to $404.6 billion, while imports rose 10.6 per cent to $413.6 billion. As a result Canada’s merchandise trade deficit was up from $4.6 billion in 2009.
The U.S. share of Canada’s merchandise trade fell last year, although it still accounted for more than half of all the country’s international trade.
The United States accounted for 74.9 per cent of Canada’s exports last year, or a total of $298.5 billion. That was up 10.5 per cent from 2009, reflecting higher exports of automotive products and energy products, Statistics Canada said.
The United Kingdom was the second-largest destination for Canadian exports: $16.4 billion. China came in third place, buying $13.2 billion of Canadian exports.
As for imports, Canada bought $203.2 billion worth of merchandise from the United States in 2010, up 8.8 per cent from 2009.
The main imports were motor vehicle parts, passenger autos and trucks, Statistics Canada said.
Imports from China increased 12.1 per cent to $44.5 billion. Computers, telecommunication equipment, games and toys, furniture and fixtures, and outerwear were Canada’s main imports from that country.
Imports from Mexico last year totalled $22.1 billion, up 33.7 per cent from 2009.