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Mining industry icon, showing a mining cart full of ore.

Discover abundant opportunities in Ontario, where companies can access some of the world’s most mineral-rich deposits. With a competitive business climate and a legacy of innovation, Ontario welcomes you to capitalize on the growing demand for critical minerals. Whether you’re exploring, financing, or part of the mining supply and services sector, Ontario offers a wealth of potential for your investment endeavors. 

Ontario’s mineral advantage

$15.7B

in mineral production in Ontario in 2023

$952M

spent in 2023 on approximately 400 mineral exploration projects

31,000

direct mining jobs created in Ontario, along with another 47,000 indirect jobs

380,000+

active mining claims in good standing as of December 31, 2023

50%+

of Ontario's universities and colleges offer world-class mining, earth and environmental sciences as well as engineering program

~40%

of the world’s public mining companies were listed on the TSX and TSX-V in 2023

36%

of all global mining equity capital raised in the past five years came from the TSX and TSX-V

Mining Quarry

Diverse Mining Landscape

Explore Ontario’s premier status in Canada as a leading producer of gold, nickel, and platinum group elements, strategically located in Northern Ontario. The province is also among the top 10 jurisdictions in the world for mineral exploration spending, highlighting a commitment by the sector to growth. With 36 active mining operations offering a diverse range of minerals including base metals, precious metals, and industrial minerals, Ontario presents unparalleled opportunities for investment and growth in the mining sector. 

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Finance icon with bar chart and dollar sign

#1

mining capital market in the world

Geology-Ontario: Solutions for Mineral Investment

Discover how our geoscience datasets support and guide mineral sector investment decisions, ensuring efficient exploration strategies and informing government policies to align with your business goals. Explore Ontario Geological Survey (OGS) products and services to the mining and mineral exploration sector: OGSEarth, OGS Focus and Resident Geologist Program (RGP).

Sustainable Mining Practices for Responsible Growth

Experience Ontario’s commitment to sustainable mining practices, ensuring environmental stewardship and community engagement. With stringent regulations and industry-led initiatives, Ontario’s mining sector prioritizes responsible growth while minimizing environmental impact and fostering positive relationships with local communities. Explore investment opportunities aligned with our sustainability goals for a prosperous future in mining. 

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Mines and significant projects

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Agnico Eagle Mines’ strategy is to build regional competitive advantage in premier jurisdictions with proven high geological potential and low political risk such as Ontario. Ontario’s open, collaborative and supportive approach to mining makes it an ideal jurisdiction for continued investment.

Natasha Vaz

EVP, Chief Operating Officer, Ontario, Australia and Mexico Operations, Agnico Eagle

Mining companies that proudly chose Ontario

  • Agnico Eagle Mines Ltd.
  • Alamos Gold Inc.
  • Argonaut Gold Inc.
  • Barrick Gold Corp.
  • Equinox Gold Corp.
  • Evolution Mining Ltd.
  • Ferromin Inc.
  • Glencore PLC
  • Gowest Gold Ltd.
  • IAMGOLD Inc.
  • Impala Canada Ltd.
  • KGHM International Ltd.
  • McEwen Mining Inc.
  • New Gold Inc.
  • Newmont Corp.
  • Pan American Silver Corp. – Lake Shore Gold Corp.
  • Silver Lake Resources Ltd.
  • Vale S.A.
  • Wesdome Gold Mines Ltd.

Mining Schools

If you are looking for the right people, Ontario offers a deep talent pool for sourcing mining, energy and infrastructure industry personnel, including managerial and technical staff. You will find one of the best mining education clusters in the world to support your company’s growth. Ontario’s universities and colleges have world-class mining, earth and environmental sciences as well as engineering programs. Explore the map to see where our programs are located.

Mining companies that proudly chose Ontario

In the spotlight

Rendered image of Asahi Kasei’s new lithium-ion battery separator plant in Port Colborne, Ontario
Asahi Kasei chooses Ontario to build Canada’s first EV battery separator plant

Asahi Kasei to build Canada’s first EV battery separator plant in Port Colborne, Ontario

Ontario Investment Roundup
Ontario Investment Roundup

Year after year, we have seen billions in investments in the automotive, advanced manufacturing and life sciences industries in Ontario, Canada.

A row of cars in a factory
Honda to Build Canada’s First Comprehensive Electric Vehicle Supply Chain, Creating Thousands of New Jobs in Ontario

Honda will build an innovative and world-class electric vehicle assembly plant – the first of its kind for Honda Motor Co. Ltd. – as well as a new stand-alone battery manufacturing plant at Honda’s facilities in Alliston, Ontario.

Photo of Kainos’ office in Toronto, Ontario
Kainos strengthens presence in Ontario with expansion of Toronto office

Kainos is expanding its Toronto office with Invest Ontario’s support, aiming to triple its headcount to more than 300 employees over the next three years.

Photo of Dana Canada’s manufacturing facility
Dana Canada Corporation grows production capacity in Ontario with investment to expand EV technologies

Dana Canada Corporation’s investment will create 105 jobs in Cambridge and Oakville and grow their manufacturing capacity.

Siltech Corporation in Ontario
Ontario welcomes $100 million manufacturing investment

The Ontario government is welcoming a $100 million investment by Siltech Corporation, an Ontario manufacturer of specialty silicone.

Photo of Mitsui Hight-tec’s Brantford manufacturing facility
Mitsui High-tec (Canada), Inc. expands Ontario’s EV manufacturing capacity with $102.3 million investment

Discover Ontario's booming electric vehicles sector with Mitsui High-tec (Canada), Inc.’s transformative $102.3 million investment Brantford Ontario, creating 104 jobs.

Ontario booth at the BIO International Convention
Ontario promotes growing life sciences sector during Trade Mission to Boston

Invest Ontario was at BIO 2023 to promote the province’s growing life sciences and biotech sector and explore new opportunities for investment.

Concept image of a researcher in a lab coat and rubber gloves using a test tube
Top Ontario biotech companies to watch in 2023

Ontario biotechnology enterprises are impacting health and wellness globally through the province’s world-class life sciences talent and innovation.

Photo of skyline in Germany
Ontario highlights growing automotive sector during Investment and Trade Mission to Germany and Poland

Learn about Ontario’s investment mission to Germany to promote the province’s growing automotive sector and explore new opportunities for investment.

A researcher doing testing in a lab
Unleashing Innovation and Collaboration: Ontario, Canada’s Life Sciences Sector Leads the Way

Senior Economic Officers Aaron Pinto and Chelsea Peet discuss Ontario’s key life sciences value propositions and what makes the province a leader in the sector.

The Volkswagen logo on a vehicle
Volkswagen’s new Electric Vehicle Battery Plant will create thousands of new jobs

The plant, Volkswagen’s largest to date, will create up to 3,000 direct jobs and up to 30,000 indirect jobs. Once complete in 2027, the plant will produce batteries for up to one million electric vehicles per year, bolstering Canada’s domestic battery manufacturing capacity to meet the demand for electric vehicles now and into the future.

Invest Ontario. Here to help.

Unlock Ontario’s mineral wealth today