News Release - November 29, 2010
MINERAL INDUSTRY MARKS 41ST ANNUAL GEOLOGICAL SURVEY OPEN HOUSE
Geoscience is the focus this week for the mineral industry as hundreds of geologists and exploration company officials gather today through Wednesday for the 41st Annual Saskatchewan Geological Survey Open House.
The event, which includes a trade show, conference and technical poster displays, is organized each year by the Saskatchewan Ministry of Energy and Resources. The Open House showcases results of the province's mineral geoscience program and gives industry a forum to provide updates on company mining and exploration activities.
Sessions include a special look at uranium in the Athabasca Basin, highlighting several recent discoveries that have been made there, as well as updates on rare earth elements, potash, coal, diamond and nickel exploration and development.
"The annual Open House is something industry looks forward to every year - a place to gather to talk geoscience and mineral investment opportunities," Energy and Resources Minister Bill Boyd said. "Every year there is increased interest - more delegates including international registrants and new companies represented at the trade show. The strength of this event shows that Saskatchewan is in the driver's seat when it comes to mineral exploration and production."
Dr. Lisa Morgan, research geologist with the U.S. Geological Survey is the speaker for this year's free public lecture titled, "Volcanism, Tectonism, Uplift and Hydrothermal Activity on the Track of the Yellowstone Hot Spot: Past, Present and Future".
Mining is Saskatchewan's third largest industry. Value of mineral production in 2009 was approximately $4.6 billion. Mineral exploration expenditures in 2009 were almost $277 million and are forecast at more than $355 million for 2010.
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