Ontario Showcased At International Convention
McGuinty Government Promotes Ontario’s Superior Mineral Investment Climate
Ontario's mineral potential is being showcased to more than 18,000 delegates from more than 100 countries attending an international mining conference.
The Prospectors and Developers of Canada Annual Convention is taking place in Toronto from March 1 to March 4. The convention, along with its trade show and investors exchange, is considered a premiere networking venue for anyone involved in mineral exploration.
The Ontario Pavilion will feature the Ministry of Northern Development and Mines along with northern municipal and First Nations collaborators. Directed at potential investors and developers, it will promote the province's natural mineral endowment, efficient permitting and approvals processes, electronic access to valuable geoscience data, focused incentives for exploration and commitment to sustainable mineral development.
- There were 364,000 active mining claim units in Ontario at the end of 2008.
- In 2008, there were more than 800 active mining exploration projects in Ontario – an all-time record.
- More than 100,000 people across the province are employed in mineral exploration, production and the mining equipment and services sector.
“By promoting Ontario’s advantages at this high-profile event, we are positioning ourselves to further advance our mining industry. Now more than ever, given the current economic challenges, we must continue to promote this vital industry.”