Manitoba faces ‘potentially deal-breaking uncertainty’ over treaty land claims in its mineral exploration sector according to an article by Martin Cash in the Winnipeg Free Press. This is compounding problems for the mineral exploration sector at a time when metal prices are low, investors are already avoiding the sector, and equipment is subject to an additional 1% sales tax.
The legal quagmire of Aboriginal consultation has taken an interesting turn in recent weeks. Northern Superior Resources (NSR) – a Sudbury-based junior miner – has filed suit against the
province of Ontario for $110 million on the basis the province has failed to fulfill its duty to consult with First Nations.
British Columbia’s First Nations are shifting away from confrontation and towards partnership agreements with government on
resource development, reports Tamsyn Burgman in the National Post.
British Columbia’s mining sector had another prosperous year, according to PwC's annual report on mining in British
Columbia. The sector remained stable despite facing global market uncertainty, lower commodity prices, and higher costs for
labour and mining inputs such as production materials, fuel, and transportation.
According to the Financial Post, Canadian Prime Minister Stephen Harper has announced that Canada will “establish new, mandatory reporting standards for payments made to foreign and domestic governments by Canadian extractive companies.”
Recently, the Supreme Court of Canada decided that it will not review the decision of the Yukon Court of Appeal that has put the “free entry” staking system into legal limbo.
It’s common to read about some of the perceived downsides to mining in many
newspapers, but it’s less common to read positive stories about mining, and the
people who do it. The Wall Street Journal has not just one, but two articles on
mining in Canada’s far north.
The March edition of BC business magazine features a great
article by Brenda Bouw on the challenges and need for mining companies to secure
local buy-in and support for mining projects.
The Globe and Mail featured an interesting article by David Parkinson on the decline of Quebec’s performance in the 2013 Survey of Mining Companies.
Claudia Cattaneo had a very interesting piece in the
Financial Post on increased transparency in the dealings between aboriginal
communities and developers of natural resources.
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