Three major foreign-listed mining companies have recently re-domiciled into Canada and listed on Toronto Stock Exchange this year. The TSX says the new listings signal that the exchange remains the world’s leading market for mining companies.

These new listings bring to 19, the number of new mining listings on TSX in the first half of 2004, adding more than $2.3 billion to the value of mining shares listed on the TSX.

Most recently, Equinox Minerals Ltd. (TSX:EQN) listed on the TSX on Wednesday, June 30, concurrently raising $15.6 million. Equinox Resources Ltd., an Australian company listed on the ASX, made the move to Canada to take it to the next step which is the development of its Lumwana copper and cobalt deposit in Zambia.

Earlier this year, Anvil Mining NL, also from Australia, reincorporated into Canada to list. Anvil Mining Ltd. (TSX:AVM) operates the high grade Dikulushi copper-silver mine in the Democratic Republic of the Congo and is in the process of expanding production to 20,000 tonnes of copper and 1.8 million ounces of silver per year in concentrates.

Another significant addition to TSX this year is gold producer Kenor ASA, which changed its name to Guinor Gold Corp. (TSX:GNR), when it reincorporated into Canada from Norway. Guinor operates the Lero gold mines in Guinea (West Africa) and produced about 90,000 ounces of gold in 2003. The company raised $34.3 million concurrent with its listing and currently has a market capitalization of $137 million.

“Toronto Stock Exchange remains the world’s leading market for raising equity capital for mining and as a result attracts numerous foreign mining participants,” said Robert Fabes, senior vp, TSX, in a news release. “The addition of companies such as Equinox Minerals Ltd., Anvil Mining Ltd. and Guinor Gold Corp. certainly speaks to the advantages our Canadian markets offer international mining companies.”

The TSX mining sector is home to 210 listed mining companies with a quoted market value of over $139 billion.