August 18, 2015, No. 129



Innovation State of Play
PDAC and Monitor Deloitte released Innovation State of Play in July, a joint report on the state of innovation in the exploration and mining industry. The study found that 81 per cent of innovation in mining falls in the offering types of innovation—how to find, extract and process ore more efficiently and effectively—but for innovation to thrive, mining companies need to create a viable business offering that looks beyond R&D. The report concluded that innovation is critical to the success and growth of the sector at a time when the mining industry is at a crossroads.

Finance & Taxation
Changes to CEE treatment of environmental studies and community consultations
Certain exploration costs associated with community consultation and environmental studies are now classified as Canadian Development Expenses (CDE), instead of Canadian Exploration Expenses (CEE), when they are undertaken for the purpose of securing a right, license or privilege to explore for minerals in a mineral resource in Canada (other than a bituminous sands deposit or an oil shale deposit). This classification restricts such costs from being eligible to be funded from flow-through share proceeds, notwithstanding their direct association with the exploration process. To learn more about the changes, please click here.

PDAC 2016 Convention
Nominate your candidate for the PDAC 2016 Awards today
New this year, the PDAC Awards Committee will be accepting award applications online. The annual awards recognize and honour outstanding achievement, accomplishment, and service of individuals and organizations in the Canadian mineral industry. Awards and the nomination criteria Submit a nomination online

Awards and the nomination criteria
Submit a nomination online

PDAC Members
2015 Industry Events
Looking for a mining or mineral exploration event that is occurring in Canada or around the world? Stay connected to industry events throughout the year with PDAC’s Industry Events calendar. Check out the PDAC's Industry Events page and send us any upcoming events you’d like us to include in the calendar.

Funding Portal webinar
The Funding Portal is hosting a free webinar on its services for PDAC members on September 15 at 12:30 PM EDT. The session will give members an in-depth look at the comprehensive service now available on PDAC’s website. The Funding Portal helps businesses secure funding from both government and capital markets, and allows users to explore new sources of funding. To register for the webinar, please click here.
August and September events at a glance
PDAC Executive Director Andrew Cheatle is attending the Mining Associations Dialogue from August 24 to 25.
PDAC Executive Director Andrew Cheatle will be participating the 2015 Precious Metals Summit in Colorado from September 16 to 18.
Industry News
The Government of Australia unveils UNCOVER Roadmap, which outlines 16 high priority activities to boost the country’s future mineral wealth.
Canadian Securities Administrators (CSA) is asking for feedback on its proposed amendments to Regulation 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) and Regulation 13-102 respecting System Fees for SEDAR and NRD.
Prospectors &
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