Video: Ontario and Quebec mining regulation amendments summary
Global legal firm Norton Rose Fulbright has released a short video summarizing changes to mining regulation in the Canadian provinces of Quebec and Ontario.
-New requirement to submit exploration plan or exploration permit application to the Ministry of Northern Development and Mines before starting many early exploration activities.
-New requirement for First Nations consulation
-Some of these First Nations consultation costs eligible to be claimed as assessment work credits
-New obligations and cotss
-Additional royalty costs
-Mining operators must submit financial guarantee covering 100% of the anticipated costs of rehabilitation of sites