PUBLICATION

Global Business Reports

AUTHORS

Margarita Todorova, Micah Lanez, Maya Ordoñez

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. Despite high metals prices in the past year, rising costs for miners and a lack of capital for explorers have challenged the industry. Furthermore, the mining sector’s persistent labor shortages continue, hindering Ontario’s efforts to exploit its abundant deposits of critical minerals in areas like the Ring of Fire.

Nevertheless, they push forward: exploring, developing, and mining Ontario’s rugged terrain. 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

“The GBR publication is very important to CEMI. We are always very pleased to be interviewed by their knowledgeable and professional staff, and they help us focus our messaging on the progress that we, and our MICA Network clients, are making for the future benefit of the wider mining industry. Their thoroughly comprehensive reports also give us a panoramic view of what is happening across the industry - who is achieving what, and what still remains to be accomplished. Transforming the mining industry is essential for a sustainable planet. GBR’s insights are an indispensable resource for anyone interested in what is new in the mining industry today.” – Doug Morrison, President and CEO, Centre for Excellence in Mining Innovation (CEMI)

"GBR’s latest report on Ontario mining provides a comprehensive look at industry trends and current state of play. Congratulations to the team for putting together such an insightful piece, and thank you for inviting me to share my outlook on key issues impacting mining stakeholders.” – Heather Cheeseman, Partner, National Mining Leader, KPMG in Canada

“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 to work with the team at Global Business Reports as West Red Lake Gold began the process of being active in the Ontario marketplace. We look forward to further opportunities as we evolve over the upcoming years. Thank you.” – Shane Williams, CEO, West Red Lake Gold

“GBR’s mining reports provide an overview of the latest developments in the mining industry from all of the key players. From government ministers to professional advisors to new mine developers like Generation Mining, GBR canvasses the market and presents all of our stories in one place. These are must-read publications for anyone interested in our industry. Thanks to the GBR team for a great interview.” – Jamie Levy, President and CEO, Generation Mining

“GBR is an icon of our industry, a standard by which others are judged. I’ve had the pleasure of working with Margarita and her team for several years. I respect both her ability and integrity and I would encourage others to engage. Excellent work Margarita, Micah and GBR.” – Marc Sale, CEO, First Class Metals

"Collaborating with GBR was a highly professional experience. Their expertise in gathering the right information for the public is truly impressive.” – Alexandre P. Boivin, President and CEO, Quimbaya Gold

“I recently had the opportunity to engage in a compelling interview with the professionals at GBR to highlight how Cementation’s successes contribute to the mining industry’s collective excellence. We are always happy to share how our business model, empowered by our talented teams, offers forward-thinking strategies and adds value that will shape a safe and sustainable future.” – Eric Smith, Managing Director, Cementation Americas

"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

"We gain as much as we give when we engage with the team from GBR. It’s a great publication that collates much of what is happening in our industry—and, of course, gives us the opportunity to share our own news. Great interview!" –  Paul House, CEO, IMDEX

“It was a pleasure working with the GBR team during our interview session. Their questions were insightful and directly addressed global industry challenges, such as pathways for decarbonization and technology adoption. The process was productive and professional, and the results are apparent in the high-quality publications they consistently produce.” – Kevin Dagenais, P.Eng, CEO, Cascadia Scientific

"Collaborating with the GBR team has been insightful. Their expertise and platform have facilitated discussions on important issues relating to mining in Ontario, while also enabling meaningful dialogue to occur across the minerals industry.”  Andrew Hall, CEO, AMC Consultants

"Working with GBR has been an exceptional experience. Their comprehensive reports on Ontario's mining and exploration efforts have effectively highlighted our cutting-edge airborne geophysical surveys, making a significant impact on industry awareness.” – Andrei Bagrianski, Ph.D., P.Geo, President, Expert Geophysics Limited

“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, direct mailing to mining executives and others. Thank you, Margarita, for your great communication throughout this whole process!” – Tom DiFrancesco, General Manager, B&D Manufacturing

“The team at GBR excelled in assisting us to address the key issues in mining while also showcasing the positive developments within the mining industry. GBR and all the staff do an exceptional job presenting relevant topics to those interested in mining.” – Liana Frenette, CEO, TBT Engineering

"Working with GBR Reports has been a pleasure; their professionalism and dedication to the industry have made our ongoing collaboration truly rewarding. We look forward to continuing our partnership and sharing updates to transform the future of mining." – Aaron Lambert, Founder and CEO, Riino Inc.

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