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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

Photo of AtomVie’s new facility in Hamilton, Ontario
AtomVie Global Radiopharma invests $138 million to scale radiopharmaceutical manufacturing in Ontario

AtomVie plans to invest over $138 million in Hamilton, Ontario to expand its capacity to manufacture radiopharmaceuticals for targeted cancer therapies.

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.

Photo of Marvell’s new office in Ottawa, Ontario
Invest Ontario to support Marvell R&D workforce expansion to drive next-gen AI infrastructure development

Marvell plans on expanding in Ontario to drive R&D for next-generation AI semiconductor technologies, creating up to 350 high-quality jobs.

Rendering of Vianode’s synthetic graphite plant in St. Thomas, Ontario
Vianode plans to build North America’s first large-scale clean synthetic graphite plant in Ontario

Vianode plans to invest $3.2 billion to build North America’s first large-scale, low-emission synthetic graphite facility in Ontario.

Photo of Invest Ontario team at AstraZeneca announcement.
Learn why AstraZeneca is investing $820M in Ontario

Invest Ontario is partnering with AstraZeneca to expand the company’s global R&D hub in Mississauga.

Photo of Mentis Care’s launch event in Toronto, Ontario
SK Biopharmaceuticals launches AI digital health business with Eurofarma in Ontario

SK Biopharmaceuticals, in partnership with Eurofarma, is launching Mentis Care, a new AI digital health joint venture, in Toronto, Ontario.

Photo of Chapman’s facility in Markdale, Ontario
Chapman’s invests over $200 million to expand ice cream manufacturing in Ontario

Chapman’s is investing over $200 million to expand its operations in Markdale, Ontario.

Rendering of Northern Transformer’s new manufacturing facility in Innisfil, Ontario
Northern Transformer enters large power transformer market with expansion in Ontario, Canada

Northern Transformer Corporation is investing $206.8 million to establish a new manufacturing facility in Innisfil, Ontario.

Photo of Element5’s facility in St. Thomas, Ontario
Element5 expands mass timber production in Ontario

Element5 is investing $107 million to expand its mass timber operations in St. Thomas, Ontario.

Photo of Electra Battery Materials’ facility in Temiskaming Shores, Ontario
Electra Battery Materials to build North America’s first cobalt sulfate refinery in Ontario

Electra Battery Materials is planning to invest nearly $100 million to build North America’s first cobalt sulfate refinery in Temiskaming Shores, Ontario.

Photo of Linamar Corporation’s facility in Guelph, Ontario
Learn why Linamar is investing over $1 billion in Ontario, Canada

Invest Ontario is supporting Linamar Corporation’s more than $1 billion investment in Ontario to develop cutting-edge powertrain components and green automotive technologies, creating more than 2,300 jobs.

Photo of Ranovus’ headquarters in Ottawa, Ontario
Ranovus scales manufacturing in Ontario

Ranovus is investing over $100 million in Ontario to develop and scale optical semiconductors that are powering the next generation of AI infrastructure.

Invest Ontario. Here to help.

Unlock Ontario’s mineral wealth today