As operator of the world’s largest nuclear power station, Bruce Power LP generates staggering amounts of electricity — roughly 50 terawatts each year, according to James Scongack, the Tiverton, Ont.-based company’s vice-president of corporate affairs.
He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.
Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.