Canada ’ s Resurgence

He continues , “ While Ontario remains the top exploration jurisdiction in Canada , exploration spending in Ontario is down . Spending totaled $ 600 million in 2013 and $ 507 million in 2014 , compared with $ 962 million in 2012 .”

In addition , Ontario ’ s two largest mineral exports , gold and nickel , endured some of the most volatile commodity prices in recent years .

Despite the disappointing rankings , no other mining jurisdiction in

Looking forward The mining sector for Ontario has been off to a great start in 2015 . Earlier this year , the province announced its intentions to renew its mineral development strategy , which was first established in 2006 . Needless to say , it couldn ’ t have come at a better time .

“ Since I was re-appointed Minister of Northern Development and Mines in 2013 , we have focused much effort on putting the necessary building blocks in place to foster private

the world has the level of mining expertise found in Ontario .

“ It is important to understand the significance of the mining industry to Ontario ’ s economy ,” said Gravelle . “ There are 42 operating mines right now , and more people employed in the mining sector than there were 10 years ago . The mining supply and service sector employs 50,000 people . Nearly 25 percent of all exploration in Canada is done in Ontario .” sector investment and secure future economic opportunity for First Nations and Northern Ontario ,” said Gravelle .

The province ’ s Ring of Fire project , which is located in Northern Ontario , has dealt with lingering issues including a lack of infrastructure commitments from industry or government .

Global engineering firm Hatch sees the Ring of Fire as one of the most exciting areas of opportunity for the company in Ontario .

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