Ontario's Mining Industry a National and Global Leader
Promoting Province’s Mineral Sector to International Investors
Ontario is promoting its thriving mining industry and celebrating the good jobs and economic growth created by the sector at this year's Prospectors and Developers Association of Canada (PDAC) Annual Convention.
Bill Mauro, Minister of Northern Development and Mines, officially opened the Ontario Pavilion today at the PDAC convention in Toronto. The exhibit will allow the province to promote its rich mineral resources and leadership in exploration and production to mining companies and investors worldwide.
In 2016, the province's mining industry produced $10.6 billion in non‑fuel minerals, which accounts for more than 25 per cent of Canada's total value of mineral production. In addition, last year, mining firms invested $371 million in exploration projects across the province. These investments accounted for one quarter of all Canadian exploration expenditures and will ensure that Ontario's status as national leader in mineral production continues well into the future.
The mining sector also creates thousands of good jobs for people across the province. Ontario has 26,000 workers employed in mineral production, and 50,000 people are employed in related manufacturing and processing industries.
Supporting Ontario's mines and minerals sector is part of our plan to create jobs, grow our economy, and help people in their everyday lives.
- About 22,000 attendees and 900 exhibitors are expected to attend the Prospectors and Developers Association of Canada annual convention which runs March 5-8, 2017 at the Metro Toronto Convention Centre.
- With 3,000 square-feet of space, the province is one of the largest exhibitors at the convention.
- Thousands of convention delegates will visit the Ontario Pavilion at the international mining conference to learn how Ontario’s rich mineral potential, excellent services and programs, strong mining supply and services sector and superior investment climate can benefit investors.
- Ontario has 39 mines operating in the province and has a diversity of mineral products including 10 base metal mines, 17 gold mines, and one diamond mine.
- Ontario’s mineral industry makes up 25 per cent of all mining jobs in Canada.
“Ontario is pleased to once again participate in the Prospectors and Developers Association of Canada convention. It’s an excellent opportunity to showcase the province as a global leader in sustainable, safe and productive mineral exploration and development, and to attract new mining investment and jobs to the province.”