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A worker cleans a freshly produced bar of gold at the Boroo gold mine in Boroo, about 150 km north of the Mongolian capital of Ulan Bator in this July 5, 2006 file photo.
A worker cleans a freshly produced bar of gold at the Boroo gold mine in Boroo, about 150 km north of the Mongolian capital of Ulan Bator in this July 5, 2006 file photo.
(NIR ELIAS/REUTERS)

Canada’s miners strong despite economic fears

It’s been a bummer of a week for global growth projections. Not only did the International Monetary Fund shave a few points off its expected growth rates, but some of the first U.S. companies to report quarterly earnings warned of weaker months ahead.

Typically, that would spell bad news for Canada’s miners. Yet the sector hasn’t given back much of the big gains it’s made since last August.