NewsCommodities & ForexTroilus Mining Secures $1.2 Billion for Quebec Mine Construction

Troilus Mining Secures $1.2 Billion for Quebec Mine Construction

Author: The Northern Miner·

Key Takeaways

  • Troilus Mining has arranged roughly $1.2 billion in financing for its Quebec mine construction project.
  • The Troilus project is located at the site of a former open-pit mine that produced approximately two million ounces of gold and nearly 70,000 tonnes of copper between the mid-1990s and 2010.
  • Copper is classified as a critical mineral by the Canadian government and is essential for electrification and energy-transition infrastructure.
  • Quebec is consistently ranked among the world's top mining jurisdictions due to its stable regulatory environment, established infrastructure, and skilled workforce.
  • The financing details and development timeline were discussed by CEO Justin Reid in a sponsored video produced in cooperation with The Northern Miner.
Troilus Mining Secures $1.2 Billion for Quebec Mine Construction

Troilus Mining has lined up approximately $1.2 billion in financing for the construction of its mine project in Quebec, according to a sponsored video segment produced in cooperation with The Northern Miner.

In the segment, Troilus Mining CEO Justin Reid spoke with The Northern Miner video host Devan Murugan about the company's plans to advance its Quebec-based mining project. The discussion covered the project's financing structure and development timeline.

The Troilus project is centered on the site of the former Troilus mine, located in the Frôtet-Evans greenstone belt of northwestern Quebec. The previous operation, an open-pit gold-copper mine, was active from the mid-1990s through 2010 and produced roughly two million ounces of gold and nearly 70,000 tonnes of copper over its mine life. Troilus Mining has been working to bring the project back into production.

The project's gold-copper profile places it among a category of deposits drawing broader industry attention, as copper is classified as a critical mineral by the Canadian government and serves as a key input in electrification and energy-transition infrastructure worldwide.

Quebec is widely recognized as one of the world's leading mining jurisdictions, consistently ranking among the top global destinations for mineral exploration and development investment. The province offers a stable regulatory environment, established infrastructure, and a skilled mining workforce.

This sponsored video is promoted content paid for by Troilus Mining and produced in cooperation with The Northern Miner. For more information, visit