Resumen de Ontario unveils new mineral strategy
Northern Development and Mines Minister, Michael Gravelle, said the Toronto Stock Exchange (TSX), which is based in Ontario, is the "exploration and mining capital of the world". There are 1,500 exploration companies listed on the TSX and the TSX Venture Exchange (TSX-V) - more than half the public mining companies in the world, the government said. In 2014, more than 60% of all new mining equity capital raised globally took place on Toronto's exchanges. The industry has taken a severe knock from the collapse of investor confidence in mining, thanks partly to the fall in commodity prices worldwide. However, capital investment in Ontario's mining industry still reached C$1.3bn in 2014.
