Reviewed: 26th September 2024
Ontario: A World Class Jurisdiction
Ontario is home to around 14.6 million people, mainly in the south and east. The province is an industrial and commercial hub and makes up around 38% of Canada’s total GDP.
Currently 23 active metals mines and 8 industrial mines/quarries in the province, including gold, base metals, iron and platinum group metals1
In 2022, Ontario’s mining sector produced £7.5 billion worth of minerals, which accounted for 22% of Canada’s total production value1.
Over 150,0001 people directly employed in the mining industry in the province, with £550 million invested in mineral exploration in Ontario in 202214
Top 10 investment jurisdiction globally Fraser Institute Annual Survey of Mining Companies 20232
Sources:
1Ontario Mining Association https://oma.on.ca/
2 Fraser Institute 2023 Annual Survey of Mining Companies www.fraserinstitute.org/