PUBLICATION

Global Business Reports

AUTHORS

Margarita Todorova, Micah Lanez, Maya OrdoƱez

Ontario Mining and Toronto's Global Reach 2024 - Digital Interactive

April 29, 2024

Inflation, volatile markets, and geopolitical tensions are testing Ontario's miners and explorers. Gold, the backbone of Ontario’s mining sector, has continued its bull run to reach all-time highs, just as Ontario has seen new major mines pour their first gold, and with more to come online throughout 2024. However, Ontario’s prospectors and miners have faced challenges, some self-imposed and others due to the cyclical nature of mining. The mining sector’s persistent labor shortages continue, hindering Ontario’s efforts to pursue its Critical Minerals strategy.

Meanwhile, the government sought to streamline the creation of new mines with the Building More Mines Act, made a home for Volkswagen and Stellantis-LG electric battery factories, and continued to boost local exploration through incentives such as the Ontario Junior Exploration Program (OJEP) and the Critical Mineral Exploration Tax Credit (CMETC). In spite of adversity, Canada’s Heartland Province has the potential to be the epicenter of the green energy transition and maintain its status as Canada’s golden province.

GBR’s annual Ontario Mining and Toronto’s Global Reach 2024 report draws from over 100 interviews with leading executives from major producers, associations, juniors, consultants, investors, and service providers, to provide an in-depth and holistic view of what is happening now, and more pertinently, what could happen in the years ahead.


TESTIMONIALS

“Thanks to the GBR team for the great interview, we talked about why Ontario’s mining industry is thriving and how our made-in-Ontario critical minerals supply chain will fuel the global EV revolution. The Global Business Reports staff do an amazing job of capturing the latest news in mining across the world.” – George Pirie, Minister of Mines, Government of Ontario

"Our interview with GBR was a standout moment for Maestro Digital Mine. Their understanding of the mining industry and professional approach allowed us to share our progress and insights effectively. We're truly grateful for the opportunity to contribute to their publication, which is a go-to for anyone looking to stay updated on industry trends. This partnership has been incredibly valuable for us and the broader mining community." – Jacob Lachapelle CEO-in-Training, Maestro Digital Mine

“It was great to work with the very professional team at GBR. Their work results in a beautifully curated publication that is both informative and relevant for the mining industry.” – Alexander Pizale, Partner, Cassels Brock & Blackwell LLP

“It was a pleasure working with Margarita Todorova and her team at GBR. The interview process, and the ad copy were a transparent, seamless experience, and it was a pleasure seeing the final product. The final report was a comprehensive story of the robust Ontario Mining Industry. Additionally, it is well cross-marketed with social media platforms and direct mailing to mining executives.” – Tom DiFrancesco, General Manager, B&D Manufacturing

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