VANCOUVER, B.C. -- British Columbia copper ends up in smartphones, in the cars we drive, in our plumbing and electrical systems, as well as in our scrap yards and landfills. But to understand how it gets there, you need to visit a nondescript office tower on Pender Street in Vancouver's financial district. Or perhaps more aptly put, Vancouver's mining district.
If mining capital were mineral ore, Vancouver would be the mother lode of all mother lodes. More publicly-traded mining companies are headquartered here (and in Toronto) than anywhere else on earth: 60 per cent of all mining corporations on the planet are found in Canada. Their collective market value in 2012 approached half a trillion dollars: an estimated $449 billion. (See sidebar.)