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February 12, 2008 - No. 52

February 15 is deadline for your comments on proposed Memorandum of Understanding with the Assembly of First Nations

In our last e-newsletter, we invited members’ comments on a draft proposed Memorandum of Understanding with the Assembly of First Nations prior to its formal signing at PDAC Convention 2008. Please note that there is still time to submit your comments to Philip Bousquet by the deadline, Friday, February 15. Click here for the draft MOU. For further information, please contact Philip by telephone at 416 362 1969, ext. 230.

CRA guidelines on tax treatment of various costs

Last year Canada Revenue Agency released guidelines that it will use to determine the tax treatment of the costs of community consultation, environmental studies, and feasibility studies. The guidelines are posted on the PDAC’s website and are available here.

Sequel to Free Gold to be on sale at PDAC Convention 2008

In 1946 mining engineer Arnold Hoffman published a highly popular book called Free Gold – The Story of Canadian Mining. The work covered the successes of the mineral industry to the end of World War II. A sequel has been published this month. More than Free Gold, written by Michael Barnes, continues the story of Canadian mineral exploration over the six decades since 1946. The new book will be on sale at PDAC Convention 2008. Copies will be available at the Mining Matters booth on level 800 at the foot of the main escalators in the south building of the Metro Toronto Convention Centre. The author will be on hand to sign copies of the book during the convention. Publishing of the new book, which costs $24.95 a copy, is a non-profit venture, undertaken under the auspices of the PDAC. Proceeds from sales will go to PDAC Mining Matters, the educational arm of the association. For more details, contact us.

Presentation rooms at PDAC Convention 2008

We would like to remind those of our members attending next month’s convention that the presentation rooms on level 700 are well worth a visit. These are rooms rented by organizations or governments for a half or full day to enable them to make presentations, launch a product, or to provide targeted networking opportunities. The line-up on Sunday afternoon includes a Nigerian reception and a series of papers on geothermal power. Monday sees the launch of PITRAM 3, a mine production control system; exploration investment opportunities in Brazil; exploration and mining in China; and Highland Gold’s activities and plans in Russia and Central Asia. On Tuesday, the presentation rooms continue with a focus on opportunities around the world, specifically in Colombia; Chile; India; and Indonesia and the Philippines. Zinifex, the Australian zinc and lead producer, also has a full-day presentation room to discuss its exploration and development projects. Further details about the presentation rooms are here.

KEGS presents workshop on recent developments in passive geophysical methods – March 1 – Toronto

The Canadian Exploration Geophysical Society (KEGS) will be presenting an all-day workshop to investigate developments in new passive geophysical methods and in some ‘older’ techniques too. The workshop will be held in ballroom B, Intercontinental Toronto Hotel, 225 Front Street West, from 8 am to 5 pm. Click here for further details.

Climate Change - Implications for the Mining Industry - Regulatory, Political and Global Markets – March 4 – Toronto

A free session on the implications of climate change for the mining industry will be held on Tuesday, March 4, from 10 am to 12 noon, in room 205C of the Metro Toronto Convention Centre (north building). There is no charge for this session, details of which are available here.

Course will examine impact of Equator Principles & IFC performance standards on mining – March 5 - Toronto

A course on the impact of the Equator Principles and IFC performance standards on mining projects and finance will be held from 1 pm to 5 pm on Wednesday, March 5, in room 203C of the Metro Toronto Convention Centre (north building). Click here for the course overview provided by the organizers of the course.