2024 has been a transitional year for Ontario's globetrotting prospectors and miners, as over 50 nations held elections this year and dozens of new heads of state were sworn in, with great repercussions for Canadian mining operations abroad. This, combined with changes to the Investment Canada Act and the closure of the Canadian-owned Cobre Panama mine has upended the status quo for Canadian mining activities overseas.

Back home, Ontario's two newest mines —Côté Gold and Greenstone Gold— achieved commercial production, while a wave of expansion projects swept the province as miners race to boost production and capitalize on the record gold price. While juggling a stringent permitting regime, Indigenous affairs and environmental concerns, Ontario's world-class ecosystem of service providers and innovators is supporting mine developers' efforts to meet the world's insatiable appetite for Ontario's metals.

Despite less favorable battery metal prices, the provincial government continues to pursue its critical minerals strategy. They have poured millions into subsidies and grants for downstream developments and infrastructure to solidify Ontario's place in North America's battery and green energy supply chain.

Featuring insights from over 70 mining industry leaders, the Ontario Mining and Toronto's Global Reach 2025 pre-release edition provides a panoramic view of this ever-changing sector, shining light on the most compelling mining stories from snowy Sudbury to the green hills of Guyana.