Best Mining Companies in Montreal, Canada
The 35 best Mining companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Osisko Gold Royalties.
Our analysis of 50 Mining companies
$10.1b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Mining companies in Montreal
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Osisko Gold Royalties Mining and exploration company focused on gold assets | $624M | 71 mo ago | 27 | Sean Roosen Founder & CEO | — | — | — |
| 2 | Osisko Development Provider of gold mining services 60Funding top 20%Partners top 28%News top 40%Growth top 45% All 7 signals ▾Fundingtop 20% Partnerstop 28% Newstop 40% Growthtop 45% Markettop 46% Techbottom 42% Globalbottom 36% Funding: Raised $565M across 11 rounds · 11 rounds over 15 yrs (0.7/yr) Partners: 3 contract events in 12 mo · Named contractor/client in 3 deals rank vs industry peers · Fliar Intelligence Index 60/100 | $565M | 10 mo ago | 59 | — | VimeoApache HTTP ServerCloudflare+14 | — | — |
| 3 | Nemaska Lithium Provider of metal and mineral extraction services | $492M | 100 mo ago | 98 | Guy Bourassa CEO | WordPressMySQLPHP+23 | 261 patents Lithium chemical production (hydroxide, carbonate) and aluminosilicate cement additive processes. | — |
| 4 | Iron Ore Quebec Iron mining and exploration company | $400M | 69 mo ago | 431 | Michael O'Keeffe CEO | WordPressPleskApple iCloud Mail+27 | — | — |
| 5 | Amex Exploration Mining and exploration company focused on gold deposits 76Funding top 12%Growth top 13%News top 32%Tech bottom 49% All 7 signals ▾Fundingtop 12% Growthtop 13% Newstop 32% Techbottom 49% Globalbottom 48% Talentbottom 46% Marketbottom 45% Funding: Raised $161M across 14 rounds · 14 rounds over 9 yrs (1.6/yr) Growth: 10 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 76/100 | $161M | 4 mo ago | 20 | Victor Cantore President | BootstrapMicrosoft ClarityMatomo Analytics+19 | — | — |
| 6 | Osisko Metals Mining and exploration company focused on zinc mineral assets 50Funding top 15%Partners top 28%News top 45%Tech top 46% All 7 signals ▾Fundingtop 15% Partnerstop 28% Newstop 45% Techtop 46% Growthtop 47% Globalbottom 48% Marketbottom 40% Funding: Raised $133M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) Partners: 3 contract events in 12 mo · Named contractor/client in 3 deals rank vs industry peers · Fliar Intelligence Index 50/100 | $133M | 7 mo ago | 12 | — | WordPressMySQLPHP+22 | — | — |
| 7 | Falco Mineral resources exploration and development company | $77M | 11 mo ago | 502 | Luc Lessard CEO | WordPressAlgoliaMySQL+30 | — | — |
| 8 | Sirios Resources Developer of gold exploration and development projects 29Funding top 19%Growth top 45%Global bottom 48%News bottom 43% All 6 signals ▾Fundingtop 19% Growthtop 45% Globalbottom 48% Newsbottom 43% Techbottom 28% Marketbottom 27% Funding: Raised $67.2M across 61 rounds · 61 rounds over 24 yrs (2.5/yr) Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 29/100 | $67M | 6 mo ago | 9 | — | WordPress Block EditorWordPressMySQL+16 | — | — |
| 9 | Vior Mineral exploration company | $51M | 18 mo ago | — | Claude St-Jacques Founder & President | WordPressMySQLPHP+29 | — | — |
| 10 | Torngat Metals Developer of a rare earth elements mine and separation plant 16Funding top 29%Growth bottom 47%Global bottom 36%Tech bottom 34% All 6 signals ▾Fundingtop 29% Growthbottom 47% Globalbottom 36% Techbottom 34% Newsbottom 21% Marketbottom 20% Funding: Raised $50.0M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 16/100 | $50M | 5 mo ago | 3 | — | WordPressMySQLPHP+18 | — | — |
| 11 | Midland Exploration Mining and exploration company focused on gold and base metal deposits 37Funding top 28%Growth top 38%News top 50%Talent bottom 49% All 7 signals ▾Fundingtop 28% Growthtop 38% Newstop 50% Talentbottom 49% Globalbottom 45% Techbottom 42% Marketbottom 29% Funding: Raised $37.1M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 37/100 | $37M | 4 mo ago | 11 | Gino Roger President and CEO | WordPressMySQLPHP+18 | — | — |
| 12 | Yorbeau Resources Gold and base metal exploration company | $35M | 9 mo ago | 6 | Amit Gupta Ex-CEO | — | — | — |
| 13 | Brunswick Exploration Producer of lithium for electrical vehicles | $33M | 6 mo ago | — | Robert Wares CEO | WordPressMySQLPHP+24 | — | — |
| 14 | Critical Elements Corporation Lithium exploration and mining company | $23M | 16 mo ago | 5 | — | WordPressMySQLPHP+29 | — | — |
| 15 | HPQ Silicon Producer of Si metal for manufacturing solar cells | $17M | 6 mo ago | — | Derick Lila I Help Solopreneurs | WordPressMySQLPHP+28 | 24 patents High‑purity silicon manufacturing and slag‑derived silicon anodes for lithium‑ion batteries | — |
| 16 | Auxico Resources Canadian based mining company focused on gold , silver and base metals | $15M | 54 mo ago | — | Pierre Gauthier President & CEO | — | — | — |
| 17 | Harfang Exploration Gold exploration company focused on discovery and drilling | $14M | 10 mo ago | — | Francois Goulet CEO & President | WordPressMySQLPHP+15 | — | — |
| 18 | Quebec Precious Metals Quebec Precious Metals Corp is a gold explorer focused on discovering and developing gold and other mineral… | $7M | 27 mo ago | 5 | Normand Champigny CEO & Director | WordPressMySQLPHP+27 | — | — |
| 19 | Nevado Resources Limited information available | $7M | 70 mo ago | — | Tyson King CEO | — | — | — |
| 20 | TomaGold Corporation Gold exploration company | $4M | 4 mo ago | 2 | David Grondin President and CEO | — | — | — |
| 21 | Nio Strategics Metals Provider of responsibly sourced strategic metals and minerals | $4M | 7 mo ago | 6 | — | — | — | — |
| 22 | St-Georges Eco-Mining Developer of eco-mining technologies, battery recycling, metallurgy, and renewable energy solutions | $3M | 5 mo ago | 5 | Herb Duerr CEO & President | WordPressMySQLPHP+27 | 12 patents Lithium and other mineral extraction from hard‑rock ores | — |
| 23 | Beauce Gold Fields Limited information available | $2M | 12 mo ago | — | Patrick Levasseur President and CEO | WordPressMySQLPHP+27 | — | — |
| 24 | Dundee Sustainable Technologies Environment-friendly technologies for the mining industry | $2M | 103 mo ago | 25 | — | WordPressPleskMySQL+14 | 83 patents Advanced metal and arsenic remediation, recovery, and vitrification for hazardous waste | — |
| 25 | Mosaic Minerals Provider of mining and exploration of nickel, copper & zinc products | $1M | 8 mo ago | — | Maurice Giroux CEO | — | — | — |
| 26 | Dynacor Mining & exploration company focused on gold | $480K | 19 mo ago | 469 | Jean Martineau President & CEO | WordPressMySQLPHP+20 | — | — |
| 27 | MPV Exploration Mineral exploration company focused on base metals projects | $480K | 91 mo ago | — | Jean Francois Perras CEO | — | — | — |
| 28 | Record Resources Provider of lithium & gold exploration services | $367K | 13 mo ago | — | Michael Judson Chief Executive Officer | — | — | 1 partnership |
Top 12 Mining companies in Montreal
#1
Public · Montreal, Montreal · founded 1986 · 20 employees$161.4Mraised▾
Mining and exploration company focused on gold deposits
- May 2026Post IPO$32M
- Jul 2025Post IPO$27.2M
- Apr 2025Post IPO$1M
- Oct 2024Post IPO$2.9M
#2
Public · Montreal, Montreal · founded 2006 · 59 employees$564.6Mraised▾
Provider of gold mining services
- Oct 2025Post IPO$59M
- Jul 2025Post IPO$203M
- Oct 2024Post IPO$57.5M
- Sep 2024Post IPO$34.5M
#3
Public · Montreal, Montreal · founded 2000 · 12 employees$132.7Mraised▾
Mining and exploration company focused on zinc mineral assets
- Feb 2026Post IPO$11M
- Dec 2024Post IPO$75.8M
- Jun 2023Post IPO—
- Jun 2022Post IPO—
#4
Public · Montreal, Montreal · founded 1995 · 11 employees$37.1Mraised▾
Mining and exploration company focused on gold and base metal deposits
- May 2026Post IPO$1.6M
- Jul 2025Post IPO$3.7M
- Dec 2024Post IPO$1.9M
- Nov 2023Post IPO$2M
#5
Series C · Montreal, Quebec · founded 2018 · 3 employees$50Mraised▾
Developer of a rare earth elements mine and separation plant. It focuses on the sustainable extraction and processing of heavy and light rare earth elements. The company aims to become a responsible supplier of these materials, essential for various clean energy technologies. Its operations include mining, transportation infrastructure development, and a rare earth separation plant. The project prioritizes collaboration with local communities and adherence to environmental best practices.
- Apr 2026Series C$32.4M
- Mar 2026Series C$11M
- Sep 2025Series C$10.9M
- Nov 2022Series C$50M
#6
Public · Montreal, Montreal · founded 1995 · 9 employees$67.2Mraised▾
Developer of gold exploration and development projects. This company focuses on the acquisition, exploration, and development of gold properties. It undertakes geological surveys, drilling programs, and other exploration activities to identify and assess the potential of gold deposits. The company aims to advance its projects through various stages of development, ultimately leading to potential mine production. A key aspect of its operations involves securing partnerships and collaborations to facilitate project financing and development.
- Mar 2026Post IPO$18.3M
- Jul 2025Post IPO$984.4K
- Jul 2025Post IPO$836.2K
- Dec 2024Post IPO$1.9M
#7
Public · Montreal, Montreal · founded 2007$33.3Mraised▾
Producer of lithium for electrical vehicles
- Feb 2026Post IPO$2.9M
- Dec 2025Post IPO$1.5M
- May 2025Post IPO$2.5M
- Dec 2024Post IPO$3.3M
#8
Public · Montreal, Montreal · founded 2010 · 502 employees$77.3Mraised▾
Mineral resources exploration and development company
- Oct 2025Post IPO$3.8M
- Sep 2025Post IPO$7.2M
- Dec 2024Post IPO$3.5M
- Jun 2024Post IPO$1.6M
#9
Public · Montreal, Montreal · founded 1984 · 6 employees$34.9Mraised▾
Gold and base metal exploration company
- Dec 2025Post IPO$798.7K
- Aug 2024Post IPO$724.2K
- Aug 2023Post IPO$439.8K
- Jun 2023Post IPO$904.9K
#10
Public · Montreal, Quebec · founded 1996$16.8Mraised▾
HPQ Silicon is a producer of silicon metal for manufacturing solar cells. It uses a carbothermic process called Quartz Reduction Reactors (QRR) that transforms quartz (SiO2) into high-purity silicon metal for its application in solar cells.
- Feb 2026Post IPO$2.2M
- Dec 2025Post IPO$728.1K
- Sep 2025Grant (prize money)$3M
- May 2025Post IPO$656.7K
#11
Public · Montreal, Montreal · founded 2011 · 2 employees$3.9Mraised▾
Gold exploration company
- Apr 2026Post IPO$624.1K
- Nov 2025Post IPO$1.5M
- Jan 2025Post IPO$345.6K
- Dec 2024Post IPO$184.3K
#12
Public · Montreal, Montreal · founded 2010$13.7Mraised▾
Gold exploration company focused on discovery and drilling. It undertakes mineral exploration activities, primarily targeting gold deposits. The company's operations involve the acquisition of prospective projects, conducting geological surveys and drilling programs to identify and assess ore deposits. A team of experienced geologists and industry professionals manages exploration efforts. The company maintains a strong financial position and adheres to best environmental practices.
- Nov 2025Post IPO$802.2K
- Dec 2024Post IPO$418K
- Dec 2023Post IPO$705.5K
- May 2023Post IPO$305.1K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Mining coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Mining Technology is moving in Canada
A read on the academic research around Mining Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 92 Canada-affiliated papers.
- University of Alberta13
- Université Laval10
- McGill University10
- University of Toronto6
- University of British Columbia6
- Mineral processing5
- Tailings3
- Process engineering3
- Mineral3
- Beneficiation3
- Mineral2→9
- Mineral processing6→12
- Grinding2→4
- Gangue2→4
- Mineral processing1→4
Where mining tech is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing mining tech patents in Canada
Canada mining tech patent filing is steady — 1 filings from 7 assignees (2023–2023), led by VALE, DONG JIE, XU Manqui; annual filings 1→1.
- VALE7
- DONG JIE7
- XU Manqui5
- Scholey Kenneth Erwin5
- XU Manqiu2
- Miller Gerald LEE2
- Suncor Energy1