Best Mining Companies in Toronto, Canada
The 325 best Mining companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lundin Mining.
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 Toronto
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | IAMGOLD Gold producer with operating gold mines | $402M | 16 mo ago | Public | 3,300 | Mark Nathanson Co-Founder | BugHerdMediaElement.jsMicrosoft ASP.NET+15 | — |
| 2 | Toubani Resources Provider of gold mining services | $289M | 8 mo ago | Public | 39 | — | WordPressMySQLPHP+21 | — |
| 3 | Bunker Hill Mining Developer of sustainable mining operations focused on silver and battery metals 53Funding top 11%Growth top 34%Product top 35%News top 36% All 7 signals ▾Fundingtop 11% Growthtop 34% Producttop 35% Newstop 36% Techtop 49% Globalbottom 36% Marketbottom 35% Funding: Raised $202M across 16 rounds · 16 rounds over 9 yrs (1.8/yr) Growth: Web rank 10,000,000 → 5,000,000 YoY · 2 acquisition/expansion moves in 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $202M | 3 mo ago | Public | 10 | — | VimeoAnimate.cssApache HTTP Server+20 | 1 expansion |
| 4 | Americas Gold Mining and exploration firm focused on gold and silver deposits 64Funding top 28%Growth top 32%Partners top 39%Market top 40% All 7 signals ▾Fundingtop 28% Growthtop 32% Partnerstop 39% Markettop 40% Newstop 42% Techtop 47% Globalbottom 32% Funding: Raised $194M across 9 rounds · 9 rounds over 12 yrs (0.8/yr) Growth: 10 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 64/100 | $194M | 7 mo ago | Public | 605 | — | Google MapsUIKitNginx+17 | — |
| 5 | Talisker Resources Mining and exploration company focused on gold and silver deposits 69Partners top 10%Funding top 19%Growth top 25%News top 26% All 8 signals ▾Partnerstop 10% Fundingtop 19% Growthtop 25% Newstop 26% Markettop 42% Talenttop 46% Globalbottom 48% Techbottom 43% Partners: 9 contract events in 12 mo · Named contractor/client in 9 deals Funding: Raised $154M across 19 rounds · 19 rounds over 7 yrs (2.7/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $154M | 3 mo ago | Public | 42 | Terry Harbort President & CEO | VimeoNginxAmazon Web Services+14 | — |
| 6 | Canada Nickel Provider of nickel & cobalt exploration services 60Funding top 17%Partners top 26%Growth top 40%News top 41% All 7 signals ▾Fundingtop 17% Partnerstop 26% Growthtop 40% Newstop 41% Techtop 44% Markettop 49% Globalbottom 36% Funding: Raised $130M across 13 rounds · 13 rounds over 6 yrs (2.2/yr) Partners: 3 partnership announcements in 12 mo (7 in 24 mo) · 3 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $130M | 0 mo ago | Public | 34 | — | WordPress Site EditorWordPressMySQL+21 | 1 partnership · 1 award |
| 7 | G2 Goldfields Provider of exploration services focused on gold projects | $102M | 8 mo ago | Acquired | 57 | Daniel Noone Chief Executive Officer | WordPressMySQLPHP+17 | 2 partnerships |
| 8 | Omai Gold Mines Gold mining and exploration company | $100M | 7 mo ago | Public | — | Michael Smith Co-Founder & CEO & Chairman | YouTubeTailwind CSSNginx+6 | 1 expansion |
| 9 | Troilus Gold Toronto-based development-stage mining company | $98M | 13 mo ago | Public | 32 | — | Apache HTTP ServerCloudflareGoogle Hosted Libraries+19 | — |
| 10 | Noble Mineral Exploration Mining and exploration company focused on nickel and gold deposits 40Funding top 28%Partners top 39%Growth top 48%Talent bottom 49% All 8 signals ▾Fundingtop 28% Partnerstop 39% Growthtop 48% Talentbottom 49% Globalbottom 48% Newsbottom 47% Techbottom 39% Marketbottom 30% Funding: Raised $93.2M across 11 rounds · 11 rounds over 15 yrs (0.7/yr) Partners: 0 partnership announcements in 12 mo (4 in 24 mo) · 2 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $93M | 3 mo ago | Public | — | Vance White President and CEO | UIKitNginxAmazon Web Services+12 | 2 expansions |
| 11 | Nickel Creek Platinum Nickel, copper, and platinum mining and exploration | $90M | 7 mo ago | Public | 3 | Diane Garrett ex-CEO | — | — |
| 12 | New Found Gold Gold exploration and development company focused on high-grade gold projects | $85M | 9 mo ago | Public | 100 | Denis Laviolette Founder & President | WordPress Site EditorWordPressMySQL+20 | 1 expansion |
| 13 | GoldQuest Mining Mining and exploration company focused on gold and copper deposits | $84M | 5 mo ago | Public | 13 | — | JoomlaPHPYouTube+10 | — |
| 14 | Goliath Resources Junior resource exploration company focused on precious metal projects | $84M | 8 mo ago | Public | — | Roger Rosmus CEO | WordPressMySQLPHP+28 | — |
| 15 | AbraSilver Provider of gold and silver mining services | $76M | 7 mo ago | Public | 36 | — | VimeoYouTubeTypekit+14 | — |
| 16 | NextSource Mining and exploration company focused on graphite deposits 42Partners top 14%Funding top 32%News top 39%Talent top 39% All 8 signals ▾Partnerstop 14% Fundingtop 32% Newstop 39% Talenttop 39% Growthtop 45% Techtop 46% Globaltop 46% Marketbottom 29% Partners: 0 partnership announcements in 12 mo (8 in 24 mo) · 11 contract events in 12 mo Funding: Raised $73.3M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $73M | 4 mo ago | Public | 4 | Craig Scherba President and CEO | WordPressMySQLPHP+22 | — |
| 17 | Denarius Metals Provider of metal mining exploration and development services | $70M | 6 mo ago | Public | 27 | Serafino Iacono Chief Executive Officer | WordPress Site EditorWordPressMySQL+27 | 2 partnerships · 1 expansion |
| 18 | Mayfair Gold Gold exploration company focused on advancing its gold project. | $68M | 9 mo ago | Public | 12 | Sean Pi Co-Founder | — | — |
| 19 | Emerita Resources Mineral properties acquisition, exploration and development company | $67M | 10 mo ago | Public | — | David Gower CEO | VimeoApache HTTP ServerTypekit+14 | — |
| 20 | Uranium Royalty Firm focused on uranium mining activities 32Funding top 30%Growth top 42%News bottom 41%Market bottom 35% All 6 signals ▾Fundingtop 30% Growthtop 42% Newsbottom 41% Marketbottom 35% Techbottom 35% Globalbottom 25% Funding: Raised $64.2M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) Growth: 6 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 32/100 | $64M | 1 mo ago | Public | 13 | — | TypekitSendgridMicrosoft 365+10 | — |
| 21 | Gold Candle Mining company focused on exploring and developing precious metals, with a commitment to sustainability and… | $64M | 9 mo ago | Series A | — | Hans Smit CEO | WordPressMySQLPHP+23 | 5 job openings · 1 expansion |
| 22 | Avalon Advanced Materials Developer of lithium and rare-earth mineral projects | $59M | 8 mo ago | Public | 9 | Donald Bubar President & CEO | WordPressMySQLPHP+24 | 1 partnership |
| 23 | White Gold Canadian gold exploration company focused on Yukon gold district development | $56M | 8 mo ago | Public | 10 | David DOnofrio CEO | PHPVimeoApache HTTP Server+12 | — |
| 24 | American Eagle Gold Provider of gold mining & exploration services 40Funding top 27%Growth top 35%Talent bottom 49%Tech bottom 46% All 7 signals ▾Fundingtop 27% Growthtop 35% Talentbottom 49% Techbottom 46% Newsbottom 38% Globalbottom 36% Marketbottom 28% Funding: Raised $54.6M across 6 rounds · 6 rounds over 3 yrs (2.0/yr) Growth: Web rank 50,000,000 → 5,000,000 YoY · 2 acquisition/expansion moves in 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $55M | 3 mo ago | Public | — | Anthony Moreau CEO | amChartsMaterial Design LiteNginx+15 | — |
| 25 | Revival Gold Gold exploration and development company 67Growth top 25%Funding top 26%News top 28%Tech top 41% All 8 signals ▾Growthtop 25% Fundingtop 26% Newstop 28% Techtop 41% Globalbottom 45% Marketbottom 44% Partnersbottom 41% Talentbottom 37% Growth: 7 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo Funding: Raised $49.5M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $50M | 1 mo ago | Public | 15 | Hugh Agro CEO | WordPressMySQLPHP+22 | — |
| 26 | Unigold Mining and exploration company focused on gold assets | $43M | 3 mo ago | Public | 105 | Joseph Del Campo President and Chief Executive Officer | YouTubejQueryTypekit+12 | — |
| 27 | Silver Storm Mining Canadian exploration and resource company focused on advanced stage silver projects | $43M | 8 mo ago | Public | — | Greg McKenzie CEO | Cart FunctionalitySquarespace CommerceSquarespace+18 | — |
| 28 | Jaguar Mining Gold mining and exploration company | $41M | 8 mo ago | Acquired | 1,213 | Vernon Baker CEO | TinyMCEPHPECharts+24 | 2 job openings |
| 29 | Galway Metals Mining and exploration company focused on gold deposits | $41M | 6 mo ago | Public | — | Robert Hinchcliffe President and CEO | WordPressMySQLPHP+23 | 2 expansions |
| 30 | Forsys Metals Uranium producer | $34M | 8 mo ago | Public | 4 | Mark Frewin CEO | WordPressMySQLPHP+10 | — |
| 31 | Fury Gold Mines Provider of gold exploration and development services | $33M | 8 mo ago | Public | 22 | Michael Timmins CEO | WordPress Block EditorWordPressApple iCloud Mail+27 | — |
| 32 | Lara Exploration Metal exploration and development company | $32M | 2 mo ago | Public | 17 | — | VimeoNginxCloudflare+8 | — |
| 33 | Minera Alamos Developer of low-capex gold mining assets | $32M | 6 mo ago | Public | 4 | Darren Koningen CEO & Director | NginxMatomo Tag ManagerjQuery+14 | — |
| 34 | Belo Sun Mining Canadian-based mineral exploration and development company focused on gold projects | $30M | 5 mo ago | Public | 40 | — | HighchartsHighstockApache HTTP Server+15 | — |
| 35 | Pasofino Gold Mining and exploration company focused on gold and copper projects | $30M | 8 mo ago | Acquired | 80 | — | Q4MediaElement.jsYouTube+13 | — |
| 36 | Generation Mining Limited Mining company focused on palladium, copper, zinc and molybdenum projects | $30M | 5 mo ago | Public | 17 | Jamie Levy President | UIKitAmazon Web ServicesMatomo Tag Manager+13 | 5 job openings |
| 37 | Sokoman Minerals Provider of gold exploration and development services | $28M | 7 mo ago | Public | — | Timothy Geo CEO | Cart FunctionalitySquarespace CommerceSquarespace+13 | — |
| 38 | Western Uranium & Vanadium Producer of uranium and vanadium mineral assets | $27M | 8 mo ago | Public | 10 | — | HighchartsHighstockApache HTTP Server+17 | — |
| 39 | Sterling Metals Provider of silver and base metal exploration services | $24M | 7 mo ago | Public | — | Mathew Wilson CEO & President | PHPVimeoYouTube+14 | 2 expansions |
| 40 | Kuya Silver Producer of silver and zinc products | $23M | 5 mo ago | Public | — | David Stein Cfa President and CEO | JoomlaAwesompletePHP+10 | — |
| 41 | Evergold Corp Mineral exploration and development company | $17M | 3 mo ago | Public | 50 | Kevin Keough President & CEO | YouTubejQueryreCAPTCHA+10 | 1 expansion |
| 42 | Honey Badger Silver Provider of silver exploration and development services | $16M | 5 mo ago | Public | 3 | — | WordPressMySQLPHP+30 | — |
| 43 | North Peak Resources Producer of gold | $16M | 3 mo ago | Public | — | Brian Hinchcliffe CEO | WordPressMySQLPHP+15 | 2 expansions |
| 44 | Canadian Copper Provider of copper exploration services 57News top 14%Growth top 21%Funding top 33%Partners top 37% All 8 signals ▾Newstop 14% Growthtop 21% Fundingtop 33% Partnerstop 37% Techtop 47% Talentbottom 40% Marketbottom 36% Globalbottom 36% News: 37 BI events in 12 mo (of 68 tracked, 8 types) · +76% YoY Growth: Web rank 50,000,000 → 10,000,000 YoY · 7 acquisition/expansion moves in 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $14M | 4 mo ago | Public | — | Simon Quick CEO | WordPressMySQLPHP+24 | — |
| 45 | Galleon Gold Provider of exploration and development services focused on gold projects | $14M | 6 mo ago | Public | 2 | David Russell CEO & President | Amazon Web ServicesNginxLazySizes+12 | — |
| 46 | Silver Crown Royalties Provider of revenue generating silver as by-product credits | $9M | 5 mo ago | Public | — | Peter Bures CEO | WordPressMySQLPHP+19 | — |
| 47 | GPM Metals Provider of mineral exploration & development services | $8M | 3 mo ago | Public | — | John Sheridan Founder | — | — |
| 48 | Sun Valley Minerals Exploration company focused on responsible, systematic early-stage gold exploration and project generation | $7M | 2 mo ago | Late Stage | — | Christo Stemmet CEO | — | — |
| 49 | Volta Metals Provider of lithium metal exploration and development services | $4M | 2 mo ago | Public | — | Kerem Usenmez President & CEO | Cart FunctionalitySquarespace CommerceSquarespace+20 | — |
| 50 | Minsud Resources Mining and exploration of minerals | $4M | 2 mo ago | Public | — | Carlos Massa President & CEO | WordPressMySQLPHP+26 | — |
Top 12 Mining companies in Toronto
#1
Public · Toronto, Ontario · founded 2019 · 34 employees$130.2Mraised▾
Provider of nickel & cobalt exploration services
- May 2026Post IPO$3.6M
- Jul 2025Post IPO$4.7M
- Jun 2025Post IPO$12.8M
- Feb 2025Grant (prize money)$2.4M
#2
Public · Toronto, Ontario · founded 2007 · 10 employees$202.3Mraised▾
Developer of sustainable mining operations focused on silver and battery metals. It restarts and modernizes closed or distressed mines, leveraging existing infrastructure to minimize capital expenditure. The company utilizes advanced technologies and data analysis to optimize resource extraction and exploration, prioritizing high-grade silver potential. A key focus is on community development and establishing new green businesses alongside mining projects to ensure long-term economic and social benefits. The business model emphasizes a low-cost, long-life operational approach.
- Mar 2026Post IPO$21M
- Jan 2026Post IPO$18.1M
- Sep 2025Post IPO$37.5M
- Jun 2025Post IPO$32.5M
#3
Public · Toronto, Ontario · founded 1987 · 42 employees$154.1Mraised▾
Mining and exploration company focused on gold and silver deposits
- Feb 2026Post IPO$29.2M
- Nov 2025Post IPO$3.3M
- Oct 2025Post IPO$4.5M
- Oct 2025Post IPO$14.3M
#4
Public · Toronto, Ontario · founded 2017 · 13 employees$64.2Mraised▾
Firm focused on uranium mining activities
- May 2026Post IPO$29.3M
- Feb 2024Post IPO$22.9M
- Oct 2023Post IPO—
- Dec 2019Post IPO$7.5M
#5
Public · Toronto, Ontario · founded 2008 · 15 employees$49.5Mraised▾
Gold exploration and development company
- Jul 2025Post IPO$21.2M
- Feb 2025Post IPO$2.6M
- May 2024Post IPO$5.2M
- Nov 2023Post IPO$2.4M
#6
Public · Toronto, Ontario · founded 2003$93.2Mraised▾
Mining and exploration company focused on nickel and gold deposits
- Mar 2026Post IPO$767.4K
- Nov 2025Post IPO$768.8K
- Dec 2023Post IPO$82.9K
- Nov 2022Post IPO$562.5K
#7
Public · Toronto, Ontario · founded 2020$54.6Mraised▾
Provider of gold mining & exploration services
- Mar 2026Post IPO$24.7M
- Jun 2025Post IPO$598.6K
- Nov 2024Post IPO$20.8M
- Apr 2024Post IPO$4.8M
#8
Public · Toronto, Ontario · founded 1998 · 605 employees$193.8Mraised▾
Mining and exploration firm focused on gold and silver deposits
- Nov 2025Post IPO$132.2M
- Mar 2025Post IPO$2.4M
- Nov 2024Post IPO$2.9M
- Oct 2024Post IPO$22.8M
#9
Public · Toronto, Ontario · founded 2004 · 4 employees$73.3Mraised▾
Mining and exploration company focused on graphite deposits
- Feb 2026Post IPO$18.3M
- Oct 2024Post IPO$10.7M
- May 2021Post IPO$12.4M
- Feb 2021Post IPO$29.5M
#10
Public · Toronto, Ontario · founded 2022 · 39 employees$288.8Mraised▾
Provider of gold mining services
- Oct 2025Post IPO$259.8M
- Apr 2025Post IPO$29M
#11
Public · Toronto, Ontario · founded 1990 · 105 employees$43Mraised▾
Mining and exploration company focused on gold assets
- Feb 2026Post IPO$1.1M
- Sep 2025Post IPO$101.6K
- Jun 2025Post IPO$1.1M
- May 2025Post IPO$150K
#12
Public · Toronto, Ontario · founded 2003 · 13 employees$84Mraised▾
GoldQuest Mining Corp is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. Its projects include Romero Project, Tireo Project, and Others. The company along with its subsidiaries is engaged in the identification, acquisition and exploration of mineral properties. It has one reportable segment, being the evaluation and exploration of mineral exploration properties.
- Dec 2025Post IPO$30M
- Dec 2025Post IPO$21.8M
- Jul 2025Post IPO$4M
- Jun 2025Post IPO$11.8M
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