Ontario Mineral Producer E-newsletter Vol. 1, Issue 1

Page 4

Message from the Minister of Northern Development, Mines, Natural Resources and Forestry

greg rickford

A

s we near the end of another year, it’s important to reflect on recent achievements and future opportunities in Ontario’s mining sector. 2021

markets. Ontario is blessed with an abundance of critical minerals, along with a competitive business climate, worldclass talent, and a track record of innovation. By developing

has been challenging, but our government has remained

this strategy, we will strengthen Ontario’s position as one

committed to our mining industry’s success, launching

of North America’s premier jurisdictions for responsibly

many industry-supporting initiatives.

sourced minerals that support the transition to a cleaner

In July, we announced the Ontario Junior Exploration

global economy.

Program (OJEP), a new cost-sharing initiative to assist junior

It is always an incredible moment when attending a

mining companies with financing early exploration projects

groundbreaking ceremony at a site where a new mine will be

in Ontario. Within days, OJEP received an overwhelming

built. This past summer, I attended a ceremony for Argonaut

response — an encouraging sign that companies are poised

Gold’s Magino Mine Project in Dubreuilville, Ontario. More

and eager to ramp up early exploration projects. Recently,

recently, I was pleased to put shovels in the ground for the

we also launched our new, state-of-the-art OGSFocus tool,

construction of the Greenstone gold mine, joint-owned

which allows exploration companies, mining companies, and

by Equinox Gold and Orion Mine Finance. In just over three

prospectors to rapidly identify areas for exploration.

years, our government has added seven mines to Ontario’s

As more governments and industrial sectors worldwide recognize the economic importance of critical minerals, demand for reliably, sustainably, and responsibly sourced minerals will continue to grow. Governments and businesses across the world are accelerating the adoption of innovative

roster of mining success stories that will revitalize the entire regional economy. These two projects join the likes of Harte Gold’s Sugar Zone, Newmont’s Borden Mine, Evolution Mining’s Cochenour Mine, Pure Gold Mining’s Red Lake Operation (former Madsen mine), and IAMGOLD’s Cote Gold

technologies including renewable energy and electric

Project.

vehicles that require specific minerals. For Ontario, this

Governments don’t build mines – we pull policy levers that

creates an opportunity.

create a competitive environment for the private sector to

This past March, our government announced Ontario’s

thrive and build the mines of the future. That’s why we have

first-ever Critical Minerals Strategy to generate investment and increase our province’s competitiveness in the global

been laser-focused on reducing red tape and regulatory burden for industry. We want to make it easier for mining companies, claimholders and stakeholders to navigate the mining sector. That’s why we passed the Better for People, Smarter for Business Act. As part of this legislation, we proposed several amendments to the Mining Act to increase business certainty and competitiveness, reduce red tape, and improve mining approval timelines. We’ve upheld our commitment to maintaining environmental protections and ensuring public health and safety throughout this process. I am proud of our government’s work stimulating growth and opportunities in Ontario’s mining sector. I am confident that together, we will help ensure Ontario remains a top-tier destination for mining.

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