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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

$13.0B

in mineral production in Ontario in 2024

$1.1B

spent in 2024 on approximately 400 mineral exploration projects

28,000

direct mining jobs created in Ontario, along with another 46,000 indirect jobs

357,000+

active mining claims in good standing as of December 31, 2024

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 2024

37%

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

Opportunity
Invest Ontario welcomes Tenaris’s expansion in Sault Ste Marie to strengthen Ontario’s steel and energy supply chains

Tenaris is making a $306 million investment to modernize and expand its steel pipe manufacturing facility in Sault Ste. Marie, Northern Ontario.

Ontario Investment Roundup
Ontario Investment Roundup

Invest Ontario makes it easy to choose Ontario, announcing almost $14.5B in investments and creating more than 13,110 jobs across a competitive, skilled economy.

Group photo of team at Ross Video Announcement
Ross Video to invest $122.5 million to expand manufacturing and R&D in Ontario with support from Invest Ontario

Ross Video to invest $122.5M in Ontario to grow R&D, expand operations and develop the world’s first hyperconverged media platform.

Sunrise Farms Announcement with Stephen Chiang Jane Wang Jase Vanover Heather Potter Priyanka Vaidyanath Karolina Szymczyk
Invest Ontario supports Sunrise Farms major expansion in Woodstock

New $100M+ Sunrise Farms facility in Woodstock will create 100 jobs, expand domestic processing and support Ontario’s food security and supply chain.

Photograph of Invest Ontario team at Sanofi announcement
Sanofi expands global AI centre of excellence, scaling operations at its Toronto digital hub

Sanofi is expanding its AI Centre of Excellence in Toronto, creating 50 new high-skilled jobs and positioning Ontario as a key digital and AI hub for their global operations.

Photo from Ostia’s announcement featuring Arveen Mann of Invest Ontario; Dr. Michael Glogauer, CSO and Co-Founder of Ostia Sciences; Abdelahhad Barbour, CEO and Co-Founder of Ostia Sciences; Tyler Allsopp, Parliamentary Assistant to Minister Vic Fideli; and Marine Lochon of Invest Ontario.
Ostia Sciences accelerates growth with new $12 million expansion in Ontario

Ostia Sciences is investing $12M to expand R&D in Ontario, advancing microbiome-based therapeutics, creating jobs, and tackling antimicrobial resistance.

Invest Ontario team at Microsoft announcement
Invest Ontario welcomes Microsoft’s AI infrastructure expansion in Ontario supporting 1,250 jobs

Microsoft’s Community First approach advances responsible cloud and AI infrastructure, ensuring communities across the province share in the benefits of these projects.

Picture of team at UCB Canada event
UCB Canada accelerates growth with new expansion in Ontario

UCB Canada is investing to further grow its footprint in Ontario, expanding its global regulatory hub in Oakville and creating 28 high-value jobs.

Sunita Chander, Chief Strategy and Operations Officer at Invest Ontario
Invest Ontario Names New Executive to Drive Growth Strategies and Operations

Invest Ontario names Sunita Chander Chief Strategy and Operations Officer, advancing the agency’s long-term strategy and operational excellence.

Photo of team at Hitachi Rail’s York Mills office in Toronto, Ontario
Learn why Hitachi Rail is investing over $100M in Ontario, Canada

Invest Ontario is supporting Hitachi Rail’s more than $100 million investment to upgrade its rail signalling technology.

Images with a Person manufacturing an engine, a close up of a semiconductor chip and close-up of Medical Ampoule Production
Three defining notes for 2026

At Invest Ontario, we matched that resilience with agility. As our organization evolved, we continued to deliver strong results for the province.

An abstract digital illustration of interconnected dots and lines, representing artificial intelligence and neural networks.
AI attraction beyond the hyperscaler hype

Stability and talent draw investment from across industries shaping the tech revolution

Invest Ontario. Here to help.

Unlock Ontario’s mineral wealth today