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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

Photo of Hitachi Rail’s York Mills office in Toronto, Ontario
Hitachi Rail invests $100 million in next-generation rail signalling technology

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

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.

Image of Roche facility
Roche Canada expands global informatics hub in Ontario

Invest Ontario is supporting Roche Canada’s more than $130M investment to create up to 250 jobs in AI, machine learning, computational biology and data analytics.

Rendered image of Asahi Kasei’s new lithium-ion battery separator plant in Port Colborne, Ontario
Asahi Kasei: Cementing Ontario’s EV leadership with first-in-Canada battery separator plant

Watch this behind-the-scenes case study of Asahi Kasei building Canada’s first EV battery separator plant in Port Colborne, Ontario.

Picture of men in suits and hardhats with shovels in front of Asahi Kasei sign with construction equipment
Asahi Kasei breaks ground on electric vehicle battery separator plant in Port Colborne

Asahi Kasei breaks ground on Canada’s first EV battery separator plant in Port Colborne, Ontario

Photo of Hanon Systems’ new e-compressor facility in Woodbridge, Ontario
Hanon Systems invests $155 million to build Ontario’s first-of-its-kind EV parts facility

Invest Ontario is supporting Hanon Systems’ $155 million investment in Woodbridge, Ontario to produce cutting-edge e-compressors for EVs

Image rendering of OmniaBio’s new biomanufacturing facility in Hamilton
Omniabio: Road to Canada’s largest cell and gene therapy CDMO

With the support of Invest Ontario, OmniaBio has built a new biomanufacturing facility in Hamilton, Ontario with an overall project investment of over $580 million, creating 250 skilled jobs.

Team in construction vests at Jungbunzlauer event
Jungbunzlauer invests $200 million to build Canada’s first xanthan gum manufacturing facility in Ontario

Invest Ontario is supporting Jungbunzlauer’s $200 million expansion in Port Colborne, Ontario to build Canada’s first xanthan gum manufacturing facility.

Map of North America highlighting Ontario
Invest Ontario unveils new Partner Portal

Invest Ontario unveils new Partner Portal

Image of Goodyear tires
Goodyear Canada Inc. invests more than $575 million in Ontario to scale EV and all-terrain tire production

Invest Ontario is supporting Goodyear’s more than $575 million expansion in Napanee, Ontario to produce EV and all-terrain tires

Opportunity
Leadership team changes at Invest Ontario

After more than three years leading Invest Ontario, Trevor Dauphinee will be leaving to explore new opportunities. Michael Fedchyshyn, an experienced member of the organization’s leadership team, will now serve as an interim CEO to ensure a smooth transition and to continue the good work of the organization while the Board conducts an executive search.

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

Invest Ontario. Here to help.

Unlock Ontario’s mineral wealth today