The new scheme is a hybrid regime, including both a minimum royalty and a progressive tax based on profits.
Company has dropped 60% in the last month and is currently trading at 6.5 cents a share.
Ban is conditional as provincial environment office will approve projects on a case by case basis.
The company targets annual output at 50,000 to 60,000 ounces.
Police have been notified.
In addition to multiple non-profit organizations, more than 300 town councils have adopted resolutions to oppose uranium mining.
New poll shows most Quebecers disagree with current laws that give priority to mining firms over landowners, Aboriginal communities and municipalities.
Friendly bid comes barely a month after the Vancouver-based company rejected a hostile offer from fellow Canadian miner Alamos God.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
Significant development work completed at Quest Rare Minerals's project between Québec and Labrador.
Canada's mining industry needs to urgently deal with the emerging challenges, said a report published Wednesday the Canadian Chamber of Commerce.
The search for two workers missing after a landslide mid-morning yesterday at a quarry 50-kms north of Montreal was resumed Wednesday morning with no results so far.
Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.
Quebec junior’s Rose project to make the most of rapidly changing market for critical minerals
Alamos is after Aurizon’s only operating gold mine, Casa Berardi, in northern Quebec.
The consortium includes South Korean steelmaker POSCO and Taiwan-listed China Steel.
Enbridge said Thursday it will invest $170 million to acquire a 50% stake in the 150-megawatt Massif du Sud wind farm in Quebec.
Strips most of the carbon dioxide from steel, coal and cement plants
Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of its operations in the U.S., as a result of weak commodity prices.
Canada’s Osisko Mining Corp. (TSX:OSK) announced Monday it will buy Queenston Mining Inc for about $550 million to get access to gold-rich properties in the Kirkland Lake area in north-eastern Ontario.
A loan rejection to the last asbestos miner in the country followed by Canada’s federal government’s announcement that it wouldn’t oppose to list Chrysotile —the type of asbestos found in Quebec — as a hazardous substance, are the latest signs of the country shelving one of the most polemic mining products once and for all.
Mining veteran and Goldcorp founder, Rob McEwen, bought 500,000 shares in the Toronto-based explorer on the open market to bring his stake to 7.8 million shares or 12.4% of the company.
"They all say that the Chinese firms believe the market volatility is temporary, and that pricing should return to $120 or $130 in the coming months."
Following the shift in provincial policy after the Quebec provincial election, the Harper government said on Friday that it will no longer oppose international efforts to put asbestos on a list of hazardous substances.
Canadian Stornoway’s Renard diamond project might not be ready by 2015 due to delays in the construction of the Route 167 extension from Chibougamau to the Otish Mountains.
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