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Fraser Institute, junior miners slam Ontario Mining Act – Northern Ontario Business

Feb 24, 2015

The uncertainty created by the Ontario government in its mishandling of First Nations consultation were cited by the Fraser Institute in its choice to drop the province down in its annual rankings of global mining-friendly jurisdictions.

Ontario placed 23rd, falling nine spots from last year’s survey.

Much of the blame is being placed on the regulatory and policy confusion created within the resource industry stemming from the province’s amendments to the Mining Act and in dealing with First Nations issues.

“In Ontario, the new Mining Act amendments regarding First Nations consultation have resulted in complete incomprehensibility of rights on all sides,” said Kenneth Green, the institute’s senior director of energy and natural resources, in a Feb. 24 news release.

Read More: http://www.northernontariobusiness.com/Industry-News/mining/2015/02/Fraser-Institute,-junior-miners-slam-Ontario-Mining-Act.aspx

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