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Canada’s mining sector top target market for FDI deals from Asia Pacific region

May 14, 2021

Source: https://www.mining.com/canadas-mining-sector-top-target-market-for-fdi-deals-from-asia-pacific-region/

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Newcrest buys royalty on Red Chris South

Aerial view of the the Red Chris mine in British Columbia. Image courtesy of Newcrest Mining Ltd.

The Canadian mining sector became the country’s top target market for inbound foreign direct investment (FDI) from the Asia Pacific region in 2020, the result of a covid-induced slowing of the perennial front-runner (energy) and the sector’s resilient reputation.

That’s the finding of the Asia Pacific Foundation’s Investment Monitor 2021 report, which saw the mining sector attract 13 FDI deals valued at C$1.13 billion – accounting for 14% of all FDI inflow into Canada from the Asia Pacific region.

Original Text (This is the original text for your reference.)

Aerial view of the the Red Chris mine in British Columbia. Image courtesy of Newcrest Mining Ltd.

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