Radar · Mining in Quebec
Best Mining Companies in Quebec, Canada
The 73 best Mining companies in Quebec, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Champion Iron.
By Rohit KhannaTrends & Stories
73companies tracked
$1.3Bdisclosed funding
0unicorns
33have raised
FLIAR INTELLIGENCE · MINING × QUEBEC
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.
50companies analysed
86%cloud-native stacks
2025funding peak (by rounds)
2005median founding year
51median Fliar Index™
188kcombined LinkedIn audience
45%of audience held by top 3
4companies hiring publicly (12 mo)
Ranked: Best Mining companies in Quebec
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Champion Iron High-grade iron ore producer and mining project developer 67Product top 14%Innovation top 20%Funding top 24%Tech top 36% All 9 signals ▾Producttop 14% Innovationtop 20% Fundingtop 24% Techtop 36% Markettop 49% Growthtop 50% Globalbottom 48% Fin. healthbottom 47% Newsbottom 29% Product: 11 distinct product lines · Company stage: Public Innovation: 11 product lines rank vs industry peers · Fliar Intelligence Index 67/100 | $342M | 4 mo ago | 1,014 | 2006 | — | — | — |
| 2 | Stornoway Canadian-based diamond exploration and production company | $306M | 90 mo ago | 487 | 1995 | — | — | — |
| 3 | Radisson Mining Resources Gold exploration company focused on gold project development 40Funding top 17%Tech bottom 49%Global bottom 48%News bottom 45% All 7 signals ▾Fundingtop 17% Techbottom 49% Globalbottom 48% Newsbottom 45% Marketbottom 43% Growthbottom 40% Partnersbottom 32% Funding: Raised $114M across 42 rounds · 42 rounds over 24 yrs (1.8/yr) Tech: 38 technologies across 2/8 capability areas · Devops: Nginx rank vs industry peers · Fliar Intelligence Index 40/100 | $114M | 1 mo ago | 14 | 1984 | — | — | — |
| 4 | Cartier Resources Mining and exploration company focused on mineral resources | $61M | 14 mo ago | — | 2006 | Philippe Cloutier President and CEO | — | — |
| 5 | Cerro de Pasco Resources Provider of resource management, dumps, tailings and mining waste on minerals | $56M | 8 mo ago | 38 | 2012 | Guy Goulet CEO | — | — |
| 6 | First Phosphate Extractor and refiner of advanced phosphate materials 45Partners top 17%News top 20%Funding top 30%Growth top 35% All 8 signals ▾Partnerstop 17% Newstop 20% Fundingtop 30% Growthtop 35% Techtop 42% Talentbottom 49% Globalbottom 29% Marketbottom 24% Partners: 5 partnership announcements in 12 mo (5 in 24 mo) · 6 contract events in 12 mo News: 51 BI events in 12 mo (of 179 tracked, 10 types) · +19% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $53M | 3 mo ago | 1 | 2022 | John Passalacqua CEO | — | 2 partnerships |
| 7 | 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 | 2 mo ago | 3 | 2018 | — | — | 1 partnership |
| 8 | Aya Gold & Silver Mining and exploration company focused on gold and silver assets | $47M | 28 mo ago | 400 | 2007 | Benoit Salle CEO | — | — |
| 9 | Azimut Exploration Minerals exploration and development company | $39M | 13 mo ago | 14 | 1986 | Jean-Marc Lulin President and Chief Executive Officer | — | 1 partnership · 1 expansion |
| 10 | Arianne Phosphate Mineral exploration company focused on phosphate deposits | $34M | 20 mo ago | 13 | 1997 | Brian Ostroff CEO | — | 1 expansion |
| 11 | Monarch Mining Corporation Provider of gold exploration and development services | $30M | 39 mo ago | 20 | 2020 | — | — | — |
| 12 | Puma Exploration Mineral exploration and development company | $20M | 6 mo ago | — | 2000 | Marcel Robillard CEO & President | — | 1 partnership |
| 13 | Sama Resources Mining and exploration company focused on mineral resources | $19M | 109 mo ago | 11 | 2006 | — | — | — |
| 14 | HPQ Silicon Producer of Si metal for manufacturing solar cells | $17M | 3 mo ago | — | 1996 | Derick Lila I Help Solopreneurs | 24 patents Patents concentrated in chemistry & materials | 2 partnerships |
| 15 | Algold Resources Gold explorer and developer | $14M | 83 mo ago | — | 2011 | Benoit La Salle Founder & CEO | — | — |
| 16 | ROBEX Mining company focused on gold production | $10M | 15 mo ago | 1,314 | 1985 | Benjamin Cohen CEO | — | — |
| 17 | Stelmine Mineral mining and exploration company | $8M | 30 mo ago | 4 | 2007 | Isabelle Proulx CEO & President | — | — |
| 18 | Vision Lithium Exploration company focused on exploring and developing battery mineral assets including lithium and copper | $6M | 17 mo ago | 5 | 1997 | Yves Rougerie CEO | — | — |
| 19 | Nio Strategics Metals Provider of responsibly sourced strategic metals and minerals | $4M | 4 mo ago | 6 | 2006 | — | — | — |
| 20 | Fokus Provider of precious metals exploration and development services | $3M | 20 mo ago | — | 1985 | Jean Rainville CEO & President | — | — |
| 21 | SRQ Resources Provider of base metal exploration and mining services | $3M | 15 mo ago | — | 2023 | Marc-Antoine Audet CEO & President SRQ Resources Inc | — | — |
| 22 | St-Georges Eco-Mining Developer of eco-mining technologies, battery recycling, metallurgy, and renewable energy solutions | $3M | 2 mo ago | 5 | 2006 | Herb Duerr CEO & President | 12 patents Hydrometallurgical extraction and processing of lithium and other minerals from hard‑rock ores | — |
| 23 | Visible Gold Mines Mining and exploration company focused on gold deposits | $3M | 19 mo ago | — | 2007 | Martin Dallaire CEO | — | — |
| 24 | Comet Lithium Developer of exploration assets focused on lithium in pegmatite deposits | $3M | 18 mo ago | — | 2006 | Mansoor Niazi CEO & President | — | — |
| 25 | Windfall Geotek Online geological mapping and mineral detection software | $2M | 8 mo ago | — | 1996 | Dinesh Kandanchatha CEO | — | — |
| 26 | First Canadian Graphite Developer of graphite resources for use in various industrial applications | $2M | 4 mo ago | — | 2017 | Tom Yingling President - & CEO | — | — |
| 27 | Point Laz Provider of mine shaft monitoring and assessment solutions | $1M | 5 mo ago | — | 2020 | Alexandre Grenier Founder & CEO | — | 1 job opening · 1 launch · 1 partnership |
| 28 | Nippon Dragon Resources Mining & technology company focused on metal production | $756K | 101 mo ago | — | 2000 | Donald Brisebois CEO | — | — |
| 29 | Everton Resources Gold exploration company | $556K | 165 mo ago | 13 | 1996 | Andre Audet chairman and ceo | — | — |
| 30 | Pershimex Resources Provider of assessment, exploration, and development of mineral property services | $200K | 43 mo ago | — | 2008 | Robert Gagnon CEO | — | — |
| 31 | Odyssey Resources Mining and exploration company focused on mineral resources | $143K | 4 mo ago | — | 2000 | James Crombie CEO & President | — | — |
| 32 | First Gold Exploration Provider of gold exploration services | $129K | 193 mo ago | — | — | Jean-Sebastien Lavallee CEO | — | — |
Top 12 Mining companies in Quebec
#1
Public · Rouyn Noranda, Quebec · founded 1984 · 14 employees$114.1Mraised▾
Public · Rouyn Noranda, Quebec · founded 1984 · 14 employees
Gold exploration company focused on gold project development. It acquires, explores, and develops mining projects sustainably. The company's primary asset is a gold project located in a historically productive mining camp. Development efforts include extensive drilling programs to expand known resources and identify new mineralization. The company seeks to advance the project through exploration and development phases, aiming to increase shareholder value.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 17%Tech
bottom 49%Global
bottom 48%News
bottom 45%Market
bottom 43%Growth
bottom 40%Funding: Raised $114M across 42 rounds · 42 rounds over 24 yrs (1.8/yr) · Last round Post IPO (May 2026)
Tech: 38 technologies across 2/8 capability areas · Devops: Nginx
Global: Investors from 1 country beyond Canada
Funding rounds
- May 2026Post IPO$20M
- Sep 2025Post IPO$18M
- May 2025Post IPO$12.1M
- Apr 2025Post IPO$8.7M
Investors
Marquest, CGE Resources, Gensource Capital, Union Securities International, Leede Jones Gable, Desjardins Capital
Tech stack
Core-JsDiviGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerGravity Forms
#2
Public · Quebec City, Quebec · founded 2006 · 1014 employees$342.4Mraised▾
Public · Quebec City, Quebec · founded 2006 · 1014 employees
High-grade iron ore producer and mining project developer. It operates an open-pit mine and concentrators, producing high-grade iron ore concentrate. The company also owns and develops additional iron ore projects. Its products are shipped globally to various customers. It utilizes renewable energy sources in its operations. The company focuses on sustainable practices and low environmental impact.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Funding
top 24%Tech
top 36%Market
top 49%Growth
top 50%Product: 11 distinct product lines · Company stage: Public
Innovation: 11 product lines
Funding: Raised $342M across 4 rounds · 4 rounds over 17 yrs (0.2/yr) · Last round Post IPO (Feb 2026)
Audience (LinkedIn): 8k LinkedIn followers — 4.5% of this cohort's audience
Funding rounds
- Feb 2026Post IPO$100M
- May 2019Conventional Debt$200M
- Jun 2017Conventional Debt$19.3M
- May 2016Post IPO$23.1M
Investors
Scotiabank, Societe Generale, Wynnchurch Capital, Resource Capital Funds, Sojitz
Tech stack
Amazon S3Amazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementComplianz
#3
Series C · Montreal, Quebec · founded 2018 · 3 employees$50Mraised▾
Series C · Montreal, Quebec · founded 2018 · 3 employees
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.
Fliar Intelligence Index™ 16how this company ranks against its industry peers
Funding
top 29%Growth
bottom 47%Global
bottom 36%Tech
bottom 34%News
bottom 21%Market
bottom 20%Funding: Raised $50.0M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) · Last round Series C (Apr 2026)
Growth: Fresh capital in last 24 mo
Global: Investors from 1 country beyond Canada
Audience (LinkedIn): 4k LinkedIn followers — 2.1% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. POSCO International Corp) announced in 12 mo
Funding rounds
- Apr 2026Series C$32.4M
- Mar 2026Series C$11M
- Sep 2025Series C$10.9M
- Nov 2022Series C$50M
Investors
Cerberus Capital Management
Tech stack
ElementorHttp/3LitespeedLitespeed CacheMicrosoft 365Mysql
#4
Public · Saguenay, Quebec · founded 2022 · 1 employees$53.3Mraised▾
Public · Saguenay, Quebec · founded 2022 · 1 employees
Extractor and refiner of advanced phosphate materials
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Partners
top 17%News
top 20%Funding
top 30%Growth
top 35%Tech
top 42%Talent
bottom 49%Partners: 5 partnership announcements in 12 mo (5 in 24 mo) · 6 contract events in 12 mo · Named contractor/client in 6 deals
News: 51 BI events in 12 mo (of 179 tracked, 10 types) · +19% YoY · 26 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $53.3M across 11 rounds · 11 rounds over 4 yrs (2.8/yr) · Last round Grant (prize money) (Mar 2026)
Audience (LinkedIn): 4k LinkedIn followers — 2.2% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. First Phosphate Corp) announced in 12 mo
Funding rounds
- Mar 2026Grant (prize money)$12.2M
- Nov 2025Post IPO$6.8M
- Sep 2025Post IPO$10.8M
- Aug 2025Post IPO$4.9M
Founders & team
Investors
Government of Canada
Tech stack
Amazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementContact Form 7Core-Js
#5
Public · Montreal, Quebec · founded 1996$16.8Mraised▾
Public · Montreal, Quebec · founded 1996
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 2 partnerships (incl. LN Innov' and Novacium SAS) announced in 12 mo
Funding rounds
- Feb 2026Post IPO$2.2M
- Dec 2025Post IPO$728.1K
- Sep 2025Grant (prize money)$3M
- May 2025Post IPO$656.7K
Founders & team
Investors
Pyrogenesis, ThreeD Capital, StephenAvenue, Invest Quebec, Government of Canada
#6
Public · Saint Sauveur, Quebec · founded 2012 · 38 employees$55.6Mraised▾
Public · Saint Sauveur, Quebec · founded 2012 · 38 employees
Provider of resource management, dumps, tailings and mining waste on minerals
LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 11.3% of this cohort's audience
Funding rounds
- Oct 2025Post IPO$16.2M
- Nov 2024Post IPO$1.8M
- Oct 2024Post IPO$7.2M
- Sep 2024Post IPO$2.2M
Founders & team
Investors
2176423 Ontario
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCloudflare Browser InsightsFont AwesomeGoogle Analytics
#7
Public · Rimouski, Quebec · founded 2000$19.9Mraised▾
Public · Rimouski, Quebec · founded 2000
Mineral exploration and development company
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 partnerships (incl. Kinross) announced in 12 mo
Funding rounds
- Dec 2025Post IPO$1.5M
- Dec 2025Post IPO$866.5K
- May 2025Post IPO$160.3K
- Dec 2024Post IPO$464.8K
Founders & team
Investors
Crescat Capital, Kinross
Tech stack
CloudflareCloudflare Bot ManagementCookieyesCore-JsEchartsElementor
#8
Public · Montreal, Quebec · founded 2006 · 5 employees$3.3Mraised▾
Public · Montreal, Quebec · founded 2006 · 5 employees
Developer of eco-mining technologies, battery recycling, metallurgy, and renewable energy solutions. The company focuses on responsible mining practices, optimizing mineral recovery from batteries, and creating metallurgical solutions that require less energy, water, chemicals, and space. It also transforms hydrocarbon or organic waste into green hydrogen and battery-grade carbon. The company aims to provide access to critical and strategic materials and financially viable recycling solutions.
Funding rounds
- Apr 2026Post IPO$717.7K
- Feb 2025Post IPO$1M
- Sep 2024Post IPO$460.1K
- Oct 2023Post IPO$252.8K
Founders & team
Tech stack
Anime.JsCloudflareCloudflare Bot ManagementCloudflare TurnstileCookiebotCore-Js
#9
Public · Val d Or, Quebec · founded 2006$60.7Mraised▾
Public · Val d Or, Quebec · founded 2006
Mining and exploration company focused on mineral resources
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
- Apr 2025Post IPO$8.4M
- Mar 2025Post IPO$5.1M
- Dec 2024Post IPO$694.6K
- Nov 2024Post IPO$347.6K
Founders & team
Investors
Agnico Eagle, Desjardins Capital
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementContact Form 7Core-Js
#10
Public · Longueuil, Quebec · founded 1986 · 14 employees$38.6Mraised▾
Public · Longueuil, Quebec · founded 1986 · 14 employees
Minerals exploration and development company
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 2 partnerships · 2 expansions (incl. SSOQUEM) announced in 12 mo
Funding rounds
- May 2025Post IPO$6.2M
- Sep 2023Post IPO$5.9M
- Jul 2021Post IPO—
- Feb 2020Post IPO$6M
Founders & team
Investors
Fonds de solidarite FTQ, Capital croissance PME, SIDEX, Centerra Gold, Desjardins Capital
Tech stack
Amazon AlbAmazon Web ServicesAws Certificate ManagerCdnjsCloudflareFancybox
#11
Seed · Montreal, Quebec · founded 2006 · 6 employees$3.8Mraised▾
Seed · Montreal, Quebec · founded 2006 · 6 employees
Nio Strategics Metals is a company that responsibly sources strategic metals and minerals essential for modern life and national security. They aim to provide a North American-based Ferro-Niobium supplier and enable strategic metal projects.
Funding rounds
- Jan 2026Post IPO$3.1M
- Nov 2025Post IPO$534.3K
- Dec 2024Seed$229.2K
#12
Public · Quebec · founded 2017$2.3Mraised▾
Public · Quebec · founded 2017
Developer of graphite resources for use in various industrial applications. The company focuses on the exploration and development of graphite properties. It aims to supply graphite for use in energy storage and other sectors. The company is involved in the extraction and processing of graphite materials.
Funding rounds
- Jan 2026Post IPO$2M
- Jul 2025Post IPO$273.7K
Founders & team
Funding & investor landscape
$1.3Btotal disclosed funding
33companies funded
293disclosed rounds
3rounds last 90 days
Most active investors
Notable founders
John Passalacqua
CEO · First Phosphate
Derick Lila
I Help Solopreneurs · HPQ Silicon
Bernard Tourillon
Chairman · HPQ Silicon
Guy Goulet
CEO · Cerro de Pasco Resources
Marcel Robillard
CEO & President · Puma Exploration
Herb Duerr
CEO & President · St-Georges Eco-Mining
Philippe Cloutier
President and CEO · Cartier Resources
Jean-Marc Lulin
President and Chief Executive Officer · Azimut Exploration
Tom Yingling
President - & CEO · First Canadian Graphite
Dinesh Kandanchatha
CEO · Windfall Geotek
Brian Ostroff
CEO · Arianne Phosphate
Alexandre Grenier
Founder & CEO · Point Laz
Prism market signals · Canada · country-scoped Prism corpus, 182,031 docs
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
RESEARCH SIGNALS · Canada
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.
research sentiment over time
202120232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 30% → 47% across 2021–2026.
top research entities
- University of Alberta13
- Université Laval10
- McGill University10
- University of Toronto6
- University of British Columbia6
leading researchers
Erin R. Bobicki · Jocelyn Bouchard · Éric Poulin · Alex Thivierge · Zhenghe Xu · Omar Bashir Wani · Kristian E. Waters · Alessandro Navarra
▲
Breakthroughs12 · 13%
▲ 0%→15% share
6 median citations75% since 2021mostly methods-led
Breakthroughs are rising (0%→15% of field), led by Mineral processing.
rising sub-themes (early→recent)
- Mineral processing5
- Tailings3
- Process engineering3
- Mineral3
- Beneficiation3
Landmark CO2 Mineral Sequestration and Faujasite Zeolite Synthesis by Using Blast Furnace Slag: Process Optimization a · 35 cites
◆
Advancements53 · 58%
▲ 0%→49% share
2 median citations62% since 2021mostly empirical
Advancements are rising (0%→49% of field), led by Mineral.
rising sub-themes (early→recent)
- Mineral2→9
- Mineral processing6→12
- Grinding2→4
- Gangue2→4
Landmark Potential of Air Dense Medium Fluidized Bed Separation of Mineral Matter for Mercury Rejection from Alberta Sub-Bitumino · 41 cites
▼
Concerns12 · 13%
▲ 0%→15% share
6 median citations67% since 2021mostly empirical
Concerns are rising (0%→15% of field), led by Mineral processing.
rising sub-themes (early→recent)
- Mineral processing1→4
Landmark Slurry rheology in mineral processing unit operations: A critical review · 52 cites
RESEARCH HOTSPOTS · Canada
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.
Montreal14 · +0.39
Edmonton/Calgary13 · +0.50
Toronto6 · +0.45
Vancouver6 · +0.37
PATENT SIGNAL · Canada
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.
1 filings7 assigneespeak 1/yr2023–2023
filing momentum (YoY 2023–2023)
top patent filers
- VALE7
- DONG JIE7
- XU Manqui5
- Scholey Kenneth Erwin5
- XU Manqiu2
- Miller Gerald LEE2
- Suncor Energy1
Common questions
How many Mining companies are there in Quebec, Canada?
Radar tracks 73 indexable Mining companies headquartered in Quebec, Canada that meet our profile-completeness bar.
What is the total funding raised by Mining companies in Quebec, Canada?
The Mining companies in Quebec, Canada on this list have raised a combined $1.3B in disclosed equity funding across 33 funded companies.
Which is the highest-funded Mining company in Quebec, Canada?
Champion Iron is the highest-funded Mining company in Quebec, Canada, with $342.4M in disclosed equity funding.
How many Mining companies in Quebec, Canada are funded?
33 of the 73 Mining companies in Quebec, Canada on this list have disclosed at least one equity funding round.
How many Mining unicorns are there in Quebec, Canada?
None of the Mining companies in Quebec, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Quebec, Canada Mining companies?
The most active investors in Quebec, Canada Mining companies on this list include Desjardins Capital, SIDEX, Capital croissance PME, Fonds de solidarite FTQ, Government of Canada.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.