Europe needs re-industrialisation. The Minerals and Mining Industry is a major driver of the economy, occupying a primary position at the start of the resource supply chain. Minerals and mining have brought significant economic opportunities in Europe such as jobs particularly in the areas where unemployment levels are high. That is the case of northern Finland where the Kittila mine not only offers employment to the local community, but opens opportunities for people from outside the region which has contributed to population growth in the Municipality (read more here). Mining operations contribute in revitalising the regions which need investment most in the current crisis. EMED Mining and its project in the region of Andalucia in Spain is an example (read more here). Mining makes an economic impact also in areas which base their activities on seasonal tourism which does not provide work for all year long. S&B´s mines on the island of Milos prove that mining and tourism can go hand-in-hand to the benefit of the community in a fruitful and sustainable symbiosis (read more here). The importance of mining can be also measured in the overall benefits to a country. A good example is Greece and the impact that Eldorado Gold Corporation has on Foreign Direct Investment (FDI). Only last year, Eldorado´s investment of more than 100 million contributed over 4% to FDI in Greece (read more here). A prosperous mining industry is a key element toward achieving a diversified and healthy economy. This is being achieved also by various global investments undertaken by European mining companies.  Polish mining company KGHM, after taking over the Canadian company Quadra FNX aspires to be one of the biggest global players in the metals market, with a copper resource base which is the fourth-largest globally (read more here).

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Euromines Secretariat