SOQUEM has contributed to major discoveries of gold, diamonds, lithium and other minerals.
SOQUEM is a leading player in mineral exploration in Québec.
Take the Renard diamond project we recently helped discover. It’s now a $750+ million project. Through its subsidiary DIAQUEM, SOQUEM is the principal shareholder in the Stornoway Diamond Corporation, which is currently putting together the financing for its Renard mine.
SOQUEM built its reputation mainly on its work in gold and base-metal exploration. In 1986, when its assets were privatized, SOQUEM created Cambior (now IAMGOLD), the fourth-largest gold producer in Canada until 2006.
Over the years, SOQUEM has also been involved in exploring for and mining deposits of base and industrial minerals like apatite, lithium and niobium.