A glimpse into the belly of the beast: Toronto, Canada as the mining capital of the world | FairPlanet (2024)

December 18, 2019

tags:#Canada, #Toronto, #coal-mining, #indigenous peoples, #NGO, #grassroots activism, #environmental activism
located:Canada, Turkey, USA, Guatemala, Brazil
by:Valerie Croft

Take a walk in downtown Toronto and you may not fully realise what’s around you. In the bustle of the city, it takes effort to dodge streetcars, noisy traffic, bikes that rush past and other pedestrians surfacing from underground subway stations. You may not pause to look up. But you should.

At this very moment, buildings throughout Toronto’s financial district are filled with people making decisions that will affect the lives and futures of communities the world over - decisions about where next to extend the far reach of the Canadian mining industry.

Canada is open for business

Over half of the world’s mining companies are headquartered in Canada, and a majority of them right here in Toronto. They’re drawn here because they see a stable environment for investment - stock exchanges that generate massive wealth for mining projects with little or no reporting requirements on the social and environmental impacts of these investments; access to Canadian embassies and trade services around the world who are mandated to promote Canadian business abroad; and extensive tax benefits and direct support from other agencies like Export Development Canada, who provide loans and credit insurance to companies who might not otherwise have access.

Held together, these benefits make a compelling case for why a mining company should list as Canadian. But what really sustains this industry is a value embedded into the very founding of Canada - that resource extraction is the best use of land and that corporate actors are entitled to it. This belief, coupled with the reality of ongoing colonization, has cemented a political climate in Canada that prevents any kind of meaningful corporate accountability.

It’s not just a few bad apples - it’s the industry

Take Belo Sun for example. The company, headquartered in Toronto, is determined to build Brazil’s largest open-pit gold mine in the heart of the Brazilian Amazon, despite massive resistance from impacted communities who fear the environmental and cultural impacts of a mine of this magnitude would be devastating. Multiple lawsuits have been filed in Brazil against the company for its failure to respect Indigenous rights. But Belo Sun pushes on.

Or Hudbay Minerals, also headquartered in Toronto. Hudbay is currently facing three related civil lawsuits over human rights abuses, including death, severe injury and gang rape, at the company’s former Fenix mining project in Guatemala.

Or Imperial Metals, headquartered in Vancouver but listed on the Toronto Stock Exchange. The tailings dam for the company’s Mount Polley mine in British Columbia (Canada) breached in 2014, spewing an estimated 25 billion litres of toxic materials into nearby lakes and causing one of Canada’s worst environmental disasters. To date, no charges or fines have been laid against the company.

These aren’t anomalies. In fact, most mining companies listed on the Toronto Stock Exchange begin exploring for minerals and start operations without ever having obtained the consent of communities whose territories they are on. Many of these companies have agreements with local police to provide private security, and petition foreign governments to militarise the surrounding areas when communities protest their operations. A recent report by Global Witness found that in 2016 alone, 200 land defenders around the world were killed for their work protecting their lands from industries like mining. And many more continue to be criminalized for speaking out.

The Canadian government must take action to hold its companies accountable for abuses

So what’s to be done? While the Canadian government continues to insist that voluntary standards are sufficient to regulate corporate behaviour, mounting evidence keeps proving otherwise. On the policy front, Canada must adopt stronger - and legally binding - standards to hold its companies accountable and must adopt and fully implement the UN Declaration on the Rights of Indigenous People. But petitioning a government that is so clearly beholden to mining interests can’t be the only solution.

We must continue to strengthen relationship-based movements

There is no single solution - and that’s the point. For however many mining companies and destructive mine sites exist in the world, there are as many, if not more, expressions of strategic resistance. In northern British Columbia, the Tsleil-Waututh, Squamish and Coldwater First Nations are taking the Canadian government to court in an effort to halt the construction of the Trans Mountain Pipeline. In Turkey, communities fighting against Alamos Gold have begun a “Vigil for Water and Conscience” outside its gold mine, inspiring solidarity protests across Turkey and the world. In Guatemala, over two million people have participated in community and municipal referenda, using ancestral organizing practices to declare entire territories free of mining.

Indigenous communities around the world have used diverse and creative organising strategies to resist the onslaught of resource extraction for hundreds of years. We must continue to build movements for social justice that support these struggles, taking leadership from those most impacted by mining.

We also don’t need to live next door to an open-pit gold mine to understand the harms caused by the Canadian mining industry. We have important opportunities to organise from our unique positions and situations - wherever that may be. For myself, and many others who organise with the Mining Injustice Solidarity Network, that means organising right here in Toronto, in the belly of the beast, to better understand the role our city plays in making global resource extraction possible and fighting to ensure that companies can no longer continue with business as usual.

Valerie Croft is an organiser with the Mining Injustice Solidarity Network - a Toronto-based activist group fighting against the harmful practices of the Canadian mining industry, alongside and in support of mining-impacted communities.

Image: Ulrich Schnell

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A glimpse into the belly of the beast: Toronto, Canada as the mining capital of the world | FairPlanet (2024)

FAQs

Is Toronto the mining capital of the world? ›

Toronto, Ontario is the mining finance capital of the world.

The Toronto Stock Exchange and Toronto Venture Exchange are first among exchanges worldwide in equity capital raised and are home to about 40% of the public mining companies in the world.

Where is the mining capital of the world? ›

A glimpse into the belly of the beast: Toronto, Canada as the mining capital of the world. Take a walk in downtown Toronto and you may not fully realise what's around you.

What is Canada's most important mining city? ›

Unbeknown to most of its residents, Toronto is a city built on mining. Nearly 75% of mining companies globally are headquartered in Canada and almost 60% are listed on the Toronto Stock Exchange (TSX).

Where did mining start in Canada? ›

Large-scale industrial exploitation of mineral resources in Canada commenced at the St. Maurice Forges in Québec. They were fed by iron deposits at Trois-Rivières and operated from 1738 to 1883. Industrial demand for coal and iron spurred the expansion of mining and smelting in the late colonial period.

Where does Canada rank in mining? ›

Canada is the global leader in the production of potash and ranks among the top five global producers for diamonds, gemstones, gold, indium, niobium, platinum group metals, titanium concentrate and uranium. Canada is also the world's fourth-largest primary aluminum producer.

Where is the biggest mining industry in Canada? ›

In 2021, Quebec ceded its place as the largest mining producer by value of production in Canada to British Columbia.

Which is the biggest mining place in the world? ›

Kennecott's Bingham Canyon Mine is the largest artificially made excavation in the world, and is visible to the naked eye from an orbiting space shuttle. Employing some 2,000 workers, 450,000 short tons (400,000 long tons; 410,000 t) of material are removed from the mine daily.

Where is the best mining in the world? ›

The top mining jurisdictions in the world feature mineral-rich geology and mining-friendly governments. Leading mining countries include Australia, Chile, China, Russia, Canada, Brazil, the Democratic Republic of Congo (DRC), South Africa, and the United States.

Where is the biggest mining in the world? ›

Bingham Canyon Mine is the biggest mine in the world. It is an open pit mine based in the state of Utah, USA and is known for its copper production. The mine itself is estimated to hold around 19 million tons of copper across the 1900 acres of land.

What is the most contaminated mine in Canada? ›

Three of Canada's top five most expensive federal contaminated sites are abandoned mines in the North: Giant Mine in the Northwest Territories at an estimated $4.38 billion and the Faro and United Keno Hill mines in Yukon at $1 billion and $125 million, respectively.

Why is mining a problem in Canada? ›

Unremediated mines can cause local soil and water contamination, altered hydrology, habitat loss and fragmentation, and biodiversity loss. They can also cause perpetual environmental liabilities, such as acid mine drainage.

What town in Canada grew because of mining? ›

Glace Bay grew rapidly as its 11 collieries, owned by the Dominion Coal Company, drew thousands of workers, including new immigrants.

How many abandoned mines does Canada have? ›

In Canada,there are some 10 000 orphaned and abandoned mine sites that have not been adequately reclaimed. These sites present potential threats to the environment and public health and safety in the form of acid drainage, metal/toxic leaching, erosion and physical instability.

What is the oldest mine in Canada? ›

The first truly industrial mining operation in what is now Canada was an iron mine at Forges du Saint-Maurice near Trois-Rivières in Quebec, which remained a going concern from 1738 to 1883. Copper mining in Bruce Mines, Ontario—the first industrial-scale mine of a substance other than iron—followed in 1848.

What is the oldest still operating mine in the world? ›

Ngwenya on the other hand not only boost of being the oldest mine in the world dating back to 43000BC, but also boost of mining rare minerals that no other country has mined like specularite which was used for cosmetics all over the region.

What is Toronto best known for? ›

Toronto is Canada's largest city and a world leader in business, finance, technology, entertainment and culture. Its large population of immigrants from all over the globe has also made Toronto one of the most multicultural cities in the world. Check out the Festivals & Events Calendar to see how vibrant Toronto is.

Where is mining most popular in the world? ›

The top mining jurisdictions in the world feature mineral-rich geology and mining-friendly governments. Leading mining countries include Australia, Chile, China, Russia, Canada, Brazil, the Democratic Republic of Congo (DRC), South Africa, and the United States.

Is Canada one of the leading mining nations in the world? ›

Canada is one of the largest mining nations in the world, producing more than 60 minerals and metals, and ranking in the top five countries in the global production of 15 minerals and metals, including several critical minerals essential to new technologies, such as cobalt, copper, precious metals, nickel, and uranium.

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