Invest Ontario is supporting Hitachi Rail’s more than $100 million investment to upgrade its rail signalling technology
Mining
Grounded in Excellence
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
Unlock your sustainable future in Ontario
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.
#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.
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
Year after year, we have seen billions in investments in the automotive, advanced manufacturing and life sciences industries in Ontario, Canada.
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.
Watch this behind-the-scenes case study of Asahi Kasei building Canada’s first EV battery separator plant in Port Colborne, Ontario.
Asahi Kasei breaks ground on Canada’s first EV battery separator plant in Port Colborne, Ontario
Invest Ontario is supporting Hanon Systems’ $155 million investment in Woodbridge, Ontario to produce cutting-edge e-compressors for EVs
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.
Invest Ontario is supporting Jungbunzlauer’s $200 million expansion in Port Colborne, Ontario to build Canada’s first xanthan gum manufacturing facility.
Invest Ontario unveils new Partner Portal
Invest Ontario is supporting Goodyear’s more than $575 million expansion in Napanee, Ontario to produce EV and all-terrain tires
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.
Asahi Kasei to build Canada’s first EV battery separator plant in Port Colborne, Ontario
Invest Ontario. Here to help.