Boston, MA -- (SBWIRE) -- 01/23/2015 -- Coal is by far the most abundant fossil fuel available in Canada, with recoverable reserves totaling 6.6 billion tonnes (t) at the end of 2013, which, according to BP Statistical Review of World Energy, accounted for 0.7% of global reserves. Around 53% of the reserves are of bituminous grade and coking type, with sub-bituminous and lignite-graded coal accounting for the rest and the majority of these are located in the western provinces of British Colombia, Alberta and Saskatchewan.

Report Highlights

- Coal is by far the most abundant fossil fuel available in Canada, with recoverable reserves totaling 6.6 billion tonnes (t) at the end of 2013, which, according to BP Statistical Review of World Energy, accounted for 0.7% of global reserves.

- In 2013, 68.3 million tons (Mt) of coal was produced which was higher by 2.7% over 2012 mainly due to an increase in production from the Genesee mine to 5.2Mt in 2013. Over 2014-2020, Canada is expected to produce an average of 83.6Mt of coal annually with several new mines expected to commence production in this period, including the Vista Extension project in Alberta, the Border project in Saskatchewan and the Graham River project in British Columbia.

- Investments in coal projects are more cyclical in nature compared to other commodities and in 2014, it is expected to be up by US$0.8 billion post a decline of 38.5% in 2013. However, overall capital investments in the Canadian mining sector are poised to decline for the second consecutive year in 2014 to around US$11.5 billion.

- According to Statistics Canada, the mining industry is the country's largest private sector employer. The Canadian mining and quarrying industry in 2012 employed 73,000 people, higher by 10.9% compared with 2011. Growth in employment was stronger in metal mining by 9.1% and coal mining by 4.7% while it was marginally higher (0.9%) in the case of non-metal mining.

View Full Report Details and Table of Contents

Report Scope

The report contains an overview of the Canadian coal mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, reserves by region, production, production by region, historic consumption and forecast, consumption by sector and type, trade, coal prices, competitive landscape and major active, exploration and development projects.

Reasons to Get this Report

Companies Mentioned in this Report: Grande Cache Coal Corporation, Teck Resources Ltd, Westmoreland Coal Company

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 800-844-8156

Browse all Materials research reports at Fast Market Research

You may also be interested in these related reports:

- Coal Mining in India to 2020
- Coal Mining in Kazakhstan to 2020
- Coal Mining in Indonesia to 2020
- Coal Mining in South Africa to 2020
- Coal Mining in Zimbabwe to 2020