The new rules were developed in close partnership with industry stakeholders and Aboriginal representatives and take effect on November 1, 2012.
Ontario is modernizing the way companies stake and explore their claims to be more respectful of Aboriginal communities and private landowners.
New rules under the province’s Mining Act include:
- New requirements for notifying private landowners and consulting with Aboriginal communities, potentially affected by proposed exploration activities.
- New tools to help protect sites of Aboriginal cultural significance.
- An awareness program for prospectors about Mining Act changes.
- More ways to keep mining claims in good standing.
- New exploration requirements to help minimize the impact on the environment.
The new rules were developed in close partnership with industry stakeholders and Aboriginal representatives and take effect on November 1, 2012.
These changes will help to ensure that mineral exploration and development in Ontario continues to occur in a balanced, socially and environmentally responsible manner.
In 2011, exploration spending reached a record $1 billion in Ontario, accounting for 26% of the national total.
There are over 600 active mineral exploration projects in Ontario.
Stockhouse Conflict and Disclosure Policy:
Stockhouse publishing Ltd., owners and operators of Stockhouse.com, has established
the following rules to ensure that there is no appearance of impropriety on the
part of any Stockhouse Editorial writers ("Writers"). The content of Stockhouse
Editorial articles (the "Articles") are the opinion of the Writer and any reliance
on the content of these articles is at your sole risk. Our Writers are not registered
investment advisors. You should not make any kind of investment decision in relation
to Articles or stocks discussed in them without obtaining advice from a registered
investment advisor.
Facts relied upon by our Writers are generally provided by the subject companies
or gathered by our Writers from other public and/or private sources. These facts
may be in error and if so, the opinions of our Writers may be materially different.
Writers may own, buy, or sell shares in public companies mentioned in their Articles,
but in the Article they must prominently state their ownership position. Thus, a
conflict may exist. Writers are not permitted to write Articles that attempt to
benefit persons connected to the Writer, such as family or friends, except where
disclosure is made in the same way as if the Writer him/herself owns stock.
Writers cannot solicit, accept, or agree to receive anything of value given or paid
with the intent of influencing their Articles.
Stockhouse notifies each Writer about these rules, and we rely on the integrity
of our Writers to ensure that our rules are followed.
Stockhouse.com: Taking
it to the street
