December 11, 2015
Ontario has released a renewed Mineral Development Strategy that provides a 10-year vision to position Ontario as the global leader in sustainable mineral development.
The renewed strategy confirms the province’s commitment to attracting new investment and supporting innovation in the mineral exploration and development sector. The strategy consists of a 10-point action plan with four strategic priorities to ensure the mining sector is:
The strategy is the result of engagement with prospectors, junior exploration and mining companies, environmental organizations and Aboriginal and northern communities. They shared their input through written submissions and participation at workshops hosted by the province.
The Northern Ontario Heritage Fund Corporation (NOHFC) is also investing $5 million in a Junior Exploration Assistance Program in support of the renewed Mineral Development Strategy. This program is expected to provide much needed financial support for mineral exploration projects.
Supporting a healthy, competitive and sustainable mineral sector is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives and building a secure retirement savings plan.
“Our government is committed to supporting a globally competitive mineral development and mining sector that provides significant social and economic contributions to Ontario’s economy and supports economic development for Aboriginal communities. The Mineral Development Strategy is a blueprint for how we will help the sector address the challenges of today and position it to grow and attract investment in the future.”
— Michael Gravelle, Minister of Northern Development and Mines
“The OMA thanks Minister Gravelle for his ongoing commitment to the mining sector. The renewal of Ontario’s Mineral Development Strategy recognizes the sector’s value to Ontario as well as the crucial need to have a competitive operating environment. We look forward to working with the Minister to maintain a leadership position in sustainable mining.”
- Chris Hodgson, President of the Ontario Mining Association
"The introduction of a 10 year Mineral Development Strategy by the Ontario Government will provide a solid framework for mineral explorationists in Ontario. The components of the Strategy, when implemented, will provide greater certainty and preserve Ontario's position as the number one jurisdiction for mineral exploration in Canada." Garry Clark, Executive Director, Ontario Prospectors Association.
- Garry Clark, Executive Director, Ontario Prospectors Association
Supporting mineral development.
James Carleton, Minister’s Office, 416-327-1208
Julia Bennett, Communications Branch, 416-314-6275
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