Ontario will play host to an international mines investment forum in 2016 and 2017.
Mines and Money Americas — part of a series of one of the world's largest mining investment forums — will come to Toronto in September 2016 and September 2017. In 13 years, Mines and Money events have previously been held in London, Hong Kong and Australia, but this is the first time it will come to the Americas.
The events are considered ideal ground for junior mining companies to secure financing, share knowledge, and connect miners, investors and new opportunities. Mines and Money events typically attract more than 3,000 investors and 900 exhibitors.
The province has committed US$235,000 for each of the two years it will host the forum, for a total investment of US$470,000 (CAD$608,000).
“We’re pleased to announce our co-sponsorship and host status of the first ever Mines and Money Americas,” mines minister Michael Gravelle said in a release.
“By bringing the world’s premier event for mining finance and investment here to Ontario, we’re providing a unique opportunity to showcase our mining sector and attract new business opportunities that will strengthen our province.”
