A multibillion-dollar sale raises uncomfortable question for Canada: Is our mining industry in decline?

By Gabriel Friedman – Financial Post

Canada’s mining industry let out a collective groan after the $2.15-billion sale earlier this week of Toronto-based Osisko Mining Inc., which owns one of the largest, highest-grade undeveloped gold deposits in the world.

Chief executive John Burzynski couldn’t complain about the outcome; everyone who invested made money, he said. But his original goal, when he started looking for a bonanza in Canada about two decades ago, was to build a new Canadian mining giant.