• Results 1 - 10 of 78 under Regulations & Standards
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    Environmental Regulations and Mining Investment in Canada
    The recently released federal Budget 2012 contained changes to how resource and mining projects would be approved. According to the budget announcement by Jim Flaherty “we will streamline the review process for such projects, according to the following principle: one project, one review, completed in a clearly defined time period."
    More On Transparency

    As I noted recently, 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.” The move is being lauded by many, but does face some opposition, including opposition from some business groups and trade associations in the U.S.  

    Quebec’s Rough Resource Ride

    Quebec is in the news again as a second lawsuit has been filed in response to their natural resource policy changes in recent years. As Nicolas Van Praet explains in the Financial Post, U.S. based mining company Strateco is suing the federal government due to potential losses relating to some $125 million in investments made to date in obtaining permission to engage in Uranium exploration at the company’s Matoush uranium mining project.

    Sierra Leone’s mining industry spurs economic growth

    An article in the Globe highlights the rapid economic growth in Sierra Leone due to its emerging mining industry.

    Surveys Show That Bad Regulations and Taxes Repel Mining Investment: But is Carson City Paying Attention?
    Two recently released studies provide rankings of the investment climate for mining companies in various countries, states and provinces.
    Companies Are Addicted to Crony Capitalism

    If business leaders ever wonder why a chunk of the public disdains business and calls for higher corporate taxes or sector-specific increases (e.g. higher royalty rates for energy and mining, higher stumpage fees in forestry) or just increased business taxation in general, here's a clue: too many companies are addicted to corporate welfare, a.k.a: crony capitalism.

    Federal, provincial and territorial governments agree to greater mining industry transparency but challenges remain

    According to Shawn McCarthy’s article in the Globe and Mail September 4th, the federal, provincial and territorial resource ministers are in agreement that Canada should require mining companies to disclose what they pay to various levels of government both in Canada and for their foreign operations.

    Miners avoided Quebec last year, investments plunged 34%

    Reposted from Mining.com: Mining investments in Canada’s province of Quebec dropped significantly more than expected in 2013, plunging about 37% from a record year in 2012, and marking the first annual drop in a decade.

    Fight against global corruption brings changes for Canada’s miners abroad

    Canada’s mining industry is global, with Canadian listed firms active in exploration and development projects around the world. Practices that are seen as bribery in Canada may be quite common in emerging economies where miners operate, such as requests from public officials for under-the-table payments to help obtain permits, licenses, and other permissions. Changes to legislation to combat corruption and bribery abroad enacted by the UK, the USA, and Canada are bringing changes for the mining industry.

    Mining Transparency Coming to Canada

    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.”

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