Precious Metals
Where metals meet
opportunities
Home to high-quality deposits of diamonds, gold, platinum group metals (PGMs) and silver, Canada is rich in resources and opportunities. Leading companies like Agnico Eagle, Barrick Gold, De Beers and Eastplats invest in Canada for its significant reserves and steady pipeline of exploration and development projects.
Along with its vast resources, what sets Canada apart is investor confidence in a stable investment environment and transparent regulatory framework. Canada’s industry is recognized globally for its gold‑standard sustainability practices. For investors, it all adds up to reduced project risk and maximum returns. Explore the opportunities in Canada’s precious metals.
Canadian leadership in precious metals
Diamonds
Canada currently hosts producing diamond mines, as well as exploration projects in Saskatchewan and the Arctic.
Canada is an important producer of conflict‑free diamonds and complies with the Kimberley Process, which ensures ethical sourcing and respect for human rights in diamond mining. For global investors, it means enhanced transparency and reduced reputational risk, opening doors to more buyers and consumers worldwide.
Gold
Canada has precious‑metals mines operating across the country, including world‑class gold mines. New gold and precious‑metal projects are advancing in regions with established infrastructure and skilled labour.
Gold is Canada’s most valuable mined commodity, with a production value of $15.1 billion in 2023. Gold is often found in polymetallic deposits, alongside copper, lead, nickel or zinc. This natural co-occurrence increases project value and offers diversified returns from a single operation.
Platinum group metals
Canada is a major global producer of PGMs, ranking among the top 5 for palladium and platinum production. PGMs are valued in the production of autocatalysts, which reduce harmful tailpipe emissions from vehicles, and clean hydrogen technologies.
Much of Canada’s PGM production originates from mines in Ontario, where palladium, platinum and rhodium are recovered from nickel mining. The industry offers significant potential for investors focused on building the technologies that will drive a cleaner future.
Advanced refining infrastructure for precision and purity
Canada offers state-of-the-art refining facilities for precious metals for high-purity outputs. Several refineries, including the Royal Canadian Mint, specialize in refining gold and silver, meeting the highest international standards.
Canada’s base metal smelters and refineries efficiently recover gold, PGMs and silver as co-products, maximizing project value. These facilities use clean energy and advanced metallurgical technologies to ensure low-emission, high-integrity refining.
An attractive investment environment
Canada offers a stable, reliable environment for precious metals projects, where ESG practices and transparent permitting processes protect your investment. The industry holds over 500 agreements with Indigenous communities for shared prosperity and reduced project risk.
Programs and tax credits are available to lower your costs and maximize your success:
Mineral Exploration Tax Credit: Provides a 15% tax credit to help exploration companies raise equity funds.
Critical Mineral Exploration Tax Credit: Offers a 30% tax credit for qualifying mineral exploration expenses incurred in Canada for PGMs and other critical minerals.
Flow-through shares: Allow a principal business corporation to raise funds for mineral exploration and development in Canada.
Foreign capital entry points: Offer flexible ways to bring in capital for your project, such as equity participation, joint ventures and offtake agreements.
Why choose Canada
Advanced processing technologies
Direct access to international trade routes, supported by extensive air, seaport, road and rail infrastructure
Stable, business-friendly environment
Explore Canada's mining sector
Let’s work together
At Invest in Canada, we are dedicated to your company’s success. Our team is your trusted guide to investing in Canada. We get to know your business, offer insights and information and connect you with the right people and places to support your decision.