In February 2018, 1210 mining companies were listed on the TSX and TSX-V with a total estimated value of over $298 billion. 221 mining companies are listed on the TSX (not TSX-V). These companies, together valued at $275.5 billion, raised more than $4 Billion in equity capital in 2016.
The remaining 989 mining companies listed on the TSX-V. In February 2018, they were valued at $23 billion, raising $5.35 Billion in equity capital – just above 43 percent of the overall total of equity raised.
TSX-listed mining companies mainly deal in gold, potash, uranium, copper, silver, nickel, iron ore, coal and diamonds. Most of the projects involve exploration, and very few will turn into operating mines. However, the projects listed at the Toronto Stock Exchange cover all project stages in the mineral resources industry (see figure 2).