This is a site that is promoting investing in Ontario Canada thats where the THRA Hindon property is located they have much more info if you follow the link some interesting reading
Mining:
Mining continues to drive economic growth in Northern Ontario. Already a global leader in precious and base metal production, the region continues to boast untapped geological potential that is unequalled in the world. These rich geological resources combined with recent provincial efforts to create a positive business climate for mineral exploration has led to Ontario being identified as one of the best places in the world for mineral investment.
Profile:
Ontario has been one of the world's leading mineral producers for more than a century. Northern Ontario produced over $7 billion worth of minerals in 2005, with the majority of the value derived from metals. The North is home to 26 of Ontario's 27 metal mines, 14 gem stone mines, and 5 of the province's major industrial mining operations.
Almost all of Ontario's metal mining employment is located in the North (approximately 13,500 jobs), generating an estimated $1.4 billion in labour income.
In 2005, Ontario yielded 36% of Canada's metallic mineral production, and 23% or Canada's non-metallic mineral production. Ontario is one of the top ranked producers of metal in the world. Major mineral deposits in Northern Ontario account for a large majority of the production. Nickel, cobalt and platinum group metal production occurs abundantly in the Sudbury area, while zinc is produced in Kidd Creek. The following chart indicates Ontario's current world standing in metal production.
| Ontario's Ranking in World Metal Production | ||
|---|---|---|
| Year | ||
| Commodity | 2000 | 2005 |
| Platinum | 3rd | 4th |
| Nickel | 2nd | 5th |
| Cobalt | 2nd | 9th |
| Gold | 9th | 11th |
| Copper | 13th | 13th |
| Silver | 15th | 15th |
| Zinc | 16th | 17th |
Source: World Non-Ferrous Metal Statistics, 1985-2005, Natural Resources Canada (2/2007)
Gold continues to be the most sought-after commodity in Ontario with increased activity at existing gold mines. In addition, spending on the search for diamonds and base metals has almost doubled during the last two years as the development of key projects move forward.
Since 2003, there has been an increase in demand for metals. As a result, the prices of metals have increased as well. Prices of precious metals including gold and silver have increased 100% and 300% respectively, while copper and zinc have each increased over 400%. http://www.sse.gov.on.ca/medt/investinontario...ining.aspx
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