Ontario lands $14-billion mining investment as Ford pushes to streamline approvals

Ontario lands $14-billion mining investment as Ford pushes to streamline approvals

Canada’s largest gold mining company will make the investment over the next five years to expand its existing operations and advance two major development projects in northeastern Ontario.

Agnico-Eagle to invest $14 billion in northeastern Ontario – Resource World Magazine

Agnico-Eagle Mines Ltd. [AEM-TSX, AEM-NYSE], already one of the world’s leading gold miners, is making a landmark investment of $14 billion in its operations and assets in northeastern Ontario over the next five years. Ammar Al-Joundi, Agnico’s President and CEO, made the announcement at George Brown College in Toronto on May, 123, 2025, an event hosted by the Ontario government to promote its mining friendly policies and reported in a Scotiabank

Investing in Next Generation of Canadian Mines

Premier Ford announces $10 million investment to help junior exploration companies unlock new mining developmentAs part of its plan to protect Ontario and build a more competitive, resilient and self-reliant economy, the Ontario government is supporting the mines of the future by investing $10 million through the newly overhauled Ontario Junior Exploration Program (OJEP), including the launch of an Advanced Exploration Stream starting next year.…

Government of Ontario - Ontario's Plan to Build Mines Faster Attracts Billions in Additional Mining Investment

On May 13, supported by aggressive permit reforms and accelerated approvals to build mines faster, the Ontario government and Agnico Eagle Mines Limited (