Mining Companies Promote Expertise Internationally
McGuinty Government On The Side Of Northern Prosperity
SUDBURY - The Ontario government is supporting northern prosperity and international trade by helping mining equipment and service companies market themselves in Latin America, Northern Development and Mines Minister Rick Bartolucci announced today.
"I am pleased that we could provide northern mining companies with the opportunity to participate in an international event that could contribute to future economic growth and job creation in the province," Bartolucci said. "Attending this show will allow these companies to explore the potential for new business opportunities that could generate international sales and partnerships."
Twenty-four Ontario companies are participating in the EXPOMIN 2006 mining show in Santiago, Chile. The show, which takes place from May 23-27, is the second largest mining show in the world. This year, EXPOMIN is showcasing 800 exhibitors from around the world. Through its Trade and Investment Marketing initiatives, the Ministry of Northern Development and Mines organized the Ontario Exhibit within the Canadian Pavilion in partnership with the Ministry of Economic Development and Trade. The exhibit will feature nine Northern Ontario companies, while the Canada Pavilion will feature seven additional northern companies. Participants will have the opportunity to meet with agents, distributors and prospective buyers or partners.
"The McGuinty government is committed to supporting the mining industry and finding new markets for Ontario companies," said Economic Development and Trade Minister Joe Cordiano. "By promoting our mining companies around the world, we are creating greater opportunities for Ontario families and strengthening our province's economy."
"Our government is supporting the efforts of Ontario-based mining equipment companies to gain exposure in the world mining market," Bartolucci said. "We are making concerted efforts to actively showcase Northern Ontario's attributes to international markets."
Other McGuinty initiatives for northerners include:
• A $10 million investment for the Centre for Excellence in Mining Innovation at Laurentian University.
• The GO North Program, designed to attract anchor investments to northern communities.
• The Northern Ontario Grow Bonds initiative to provide financing for new and expanding firms.
The recently released Ontario's North video and a new 'Mining Equipment and Services - Ontario's Competitive Edge' brochure, prepared under the GO North Investor Program, will be featured in the exhibit to profile investment opportunities in Northern Ontario.
The ministries of Northern Development and Mines and Economic Development and Trade collaborate on Trade and Investment initiatives to ensure that Northern Ontario opportunities are profiled in targeted markets around the world.
Minister's Office - Sudbury
Northern Development Adviser