Global Business Reports


Ben Cherrington, Margarita Todorova, Diego Brando

Mining in Ontario and Toronto's Global Reach 2020

February 24, 2020

M&A activity defined the mining industry in 2019, and its impacts were felt acutely in Ontario, as a remarkable transfer of assets saw operations controlled by Goldcorp, Tahoe Resources, North American Palladium and Detour Gold move into the hands of Newmont, Evolution Mining, Pan American Silver, Impala Canada and Kirkland Lake Gold.

While producers have been making hay while the sun is shining, spurred on by gold at a 7-year high, the junior exploration community has languished with a dearth of financing available despite the cannabis and crypto booms subsiding. However, the likes of Great Bear Resources and Wallbridge Mining have shown that the best projects can still attract substantial investment and trade at eye-catching multiples. The need to replace reserves is becoming more pressing and the global demand for metals has yet to diminish, so, for the mining-savvy investor, this is an opportune time to capitalize on high-upside, undervalued assets.

In this edition of our Industry Explorations series, Global Business Reports pays special attention to Toronto's influence across the full value chain, from its financial institutions on Bay Street, the mining producers and juniors headquartered in the city with operations across the globe, to its innovation-led service sector.


As an organization whose primary role is one of advocacy and education, PDAC works closely with its media partners to communicate the issues that are of most concern to our members and the mineral exploration sector. It’s always a pleasure to work with GBR and their team of journalists. GBR publications are well researched, fair, and draw on an excellent cross-section of sources for their insight and information. PDAC looks forward to working with GBR in the future.

- Felix Lee, President, PDAC

“The Global Business Reports always provide an outstanding degree of insight into their chosen subject. This is undoubtedly due to the calibre of the GBR interviews that are the basis of the reports. The GBR journalists that conducted the interviews already knew the subject matter very well and were very effective at helping me to express the essence of my business in a way that the reader would understand and enjoy. It is these interviews that make the GBR so special – they have the ring of authenticity that is so rare and yet so valuable in the world of business today.”

- Doug Morrison, CEO, CEMI (Centre of Excellence for Mining Innovation)

“Global Business Report’s mining publications in Ontario and Quebec are annual editions with in depth and thought provoking interviews with Mining Industry leaders on the relevant and pressing topics of the day. The team at GBR are delivering quality content and aid in keeping the pulse of the mining industry in Canada. Maestro Digital Mine is honoured to be part of these publications and collaborating with their dynamic team.”

- Michael Gribbons, Vice President and Co-Founder, Maestro Digital Mine

“The GBR reach is unparalleled in mining and gave Minetell a chance to share our point of view on risk and performance management with a global audience. Their support of small and medium sized businesses is refreshing as it will be our services and technologies that the major players will need to adopt in order to be the catalyst for the 4th industrial revolution.”

- Michael Hartley, CEO, Minetell

“I have contributed to various GBR regional reviews over the years and I find the format and content has always been informative and relevant. GBR combines the right contributors with the right focus to provide readers with great insights by people in tune with our industry.”

- Roy Slack, President, CIM, Director, Cementation Americas

“I was quite impressed with the high quality and comprehensive nature of the GBR Report. Not only was it topical, but the content was usable and actionable. A job well done!”

- Keith Spence, President & CEO, Global Mining Capital Corp.

“I had the pleasure of collaborating with GBR for the Ontario Mining 2020 publication. The team was very professional and understood the industry well, they did their research and their write-up was informative and a good reflection of our conversation about Generation Mining and the current industry trends. Highly recommended.”

- Jamie Levy, President & CEO, Generation Mining

“GBR is a good source of contemporary mining insight. Ben asks incisive, direct questions that mirror what the reader wants to know. I will work with them again for exposure to the right people in the mining community.”

- Jack Cahn, President & Founder, Deep Cryogenics International


"Through the use of electric vehicles, we will be able to reduce 7,000 mt of greenhouse gas emissions and associated maintenance costs, as well as save the consumption of two million liters of diesel and one million liters of propane."
Avalon Advanced Materials is a mineral development company focused on rare metals and critical minerals for use in clean energy and new technologies.
Great Bear Resources represents a rare instance of a junior that is currently flourishing with significant gold descoveries.
Ion Energy is developing its lithium resource situated in Mongolia close to the border with China.


Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.



"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."