PDAC e-News and Activities, October 4, 2002 - No. 6
Page Index
PDAC
gives claim tag awards to four jurisdictions
Campaign for extension of ‘super’
flow-through program - Can you help?
Join the Core!
Study on sustainability of
mineral reserves is well received
Saskatchewan announces measures to
support industry
Draft standards for valuation of mineral
properties
Trade mission to India
PDAC
gives claim tag awards to four jurisdictions
It was bouquets not brickbats for
four Canadian jurisdictions which have shown exceptional support for
the exploration industry over the past year. The association’s
2002 Claim Tag Awards, introduced this year, were presented during
the annual meeting of mines ministers in Winnipeg in September.
First place winner was Quebec for its outstanding support for
geoscience programs and innovative financing programs for
exploration. Runners-up were Manitoba, for its method of involving
all stakeholders in decisions about protected areas; the Yukon, for
establishing compensation policies for confiscated mineral tenure;
and the federal government for partnering awareness programs for ‘super’
flowthrough shares. Click here for the full citations..
Campaign
for extension of ‘super’ flow-through program - Can you
help?
The PDAC and the B.C. & Yukon
Chamber of Mines have launched a letter-writing campaign to secure
political support for modifications to the ‘super’ flow-through
program, including an extension of the program. We urge members to
participate. Click here for the
instructions
and sample letters for
companies,
individuals,
and
service
providers to use (right-click and choose "save
target as"). David Comba,
can provide more details.
Join the
Core!
Membership invoices for 2003 will be
mailed to all members in mid-October, and you will notice a new
category - Core member - on them. If you choose to sign up as a Core
member (and we hope you do), you will immediately save $65. But you
must pay your membership dues before December 31 this year (and
every subsequent year). Core membership for 2003 will be $85.00;
regular membership will be $150.00. There are other benefits too,
including the lowest rate for convention registration fees.
Click
here for further information.
Study
on sustainability of mineral reserves is well received
Our September
e-newsletter told members about a study underway to determine
whether there is sufficient exploration being undertaken to replace
this country’s mineral reserves. Results of the study, which
involves the PDAC, Queen’s University, and Natural Resources
Canada, were presented at a workshop in Winnipeg to people attending
the Mines Ministers Conference. The workshop was very well received,
and there are plans now to present some of the same material during
the keynote session at PDAC Convention 2003.
Here’s a copy of the
program.
Saskatchewan
announces measures to support industry
On September 19, the Saskatchewan
government announced a series of measures in support of the mining
sector, including $400,000 additional funding for geoscience
programs, enhanced financial assistance programs for green fields
and brown fields exploration projects, and significant tax
reductions. The full text of the announcement is at http://www.gov.sk.ca/newsrel/2002/09/19-731.html.
Draft
standards for valuation of mineral properties
A CIM committee has been developing a
set of standards and guidelines for valuation of mineral properties.
A first draft was released for comment in February 2002, and a
second/final
draft has now been released. Plans are to finalize the standards
and guidelines by the end of 2002. Comments are invited by October
25, 2002 to the address supplied in the document.
Trade
mission to India
Minister of Natural Resources Canada
Herb Dhaliwal will be leading a business development mission to
India from November 10-16, 2002. The mission will be of particular
interest to executives from natural resources and related
industries.”Although precise estimates are not available for
geoscience markets, India’s move toward a market economy, coupled
with its rapid economic growth, offers opportunities for the
Canadian geoscience and consulting industry. In addition, India’s
population of approximately 1.03 billion continues to create
pressure for exploring and developing its natural resources.” Full
details at www.missionindia.nrcan.gc.ca.
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