Ontario Hosts International Mining Investment Forum
Province Promoting its Mining Sector and Attracting Investment
Ontario is kicking off the 2016 Mines and Money Americas forum, one of world's largest investment forums devoted to the mineral sector, today in Toronto.
The Mines and Money forum attracts investors, financiers, brokers and mining developers from around the world and acts as a platform to connect mineral development proponents with investors. Hosting this event accomplishes a commitment of the Premier's 2016 mandate for the Minister of Northern Development and Mines, and is a unique opportunity to showcase Ontario's competitive business climate for mining investment and to support the strategic priorities of the province's renewed Mineral Development Strategy.
The Mines and Money Americas forum will run for three days, closing on September 28. This is the first time the international forum has been held in North America.
Promoting Ontario's mining sector is part of the government's economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario's history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
- Mines and Money Americas is one of world's largest mining investment forums and attracts more than 3,000 investors and 900 exhibitors.
- In order to drive development in Ontario’s mining sector, the province is hosting Mines and Money Americas in Toronto in 2016 and 2017.
- Toronto is the mining finance capital of the world. In 2015, the Toronto Stock Exchange (TSX/TSX-V) raised $6.8 billion in new equity capital for mining and there were approximately 1,300 mining companies listed on the exchange.
“Bringing Mines and Money to Toronto is a one-of-a-kind opportunity to showcase our province’s competitive business climate, mineral development strengths and remarkably productive geology. Ontario’s mining sector has much to gain from an event that will connect investors with companies ready to drive development.”
“Ontario is always looking to promote more business investment in our mining industry. As one of our strongest sectors in the North, the mining community continues to create jobs and enhance Ontario’s economic growth. We look forward to the innovative ideas and discussions that will take place over the next few days as Ontario hosts the Mines and Money forum for the first time in North America.”