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ARTICLE · 05 JULY 2012

Changes To Mineral Tenure Act Regulation In British Columbia

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Many Free Miners will see their fees pursuant to the Mineral Tenure Act Regulation (the Regulation) change dramatically with changes implemented on July 1, 2012.

CanadaEnergy and Natural Resources
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
Graham Fulton
Graham Fulton
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Many Free Miners will see their fees pursuant to the Mineral Tenure Act Regulation (the Regulation) change dramatically with changes implemented on July 1, 2012 (the Amendments). While the Ministry of Energy and Mines (the Ministry) maintains that the Amendments are as revenue-neutral as possible, the reality is that many will see their operational costs increase depending both on how their claims are managed and what stage of development their claims are at.

For those fairly comfortable with the long-standing procedures and fee structure in place pursuant to the Regulations, the Amendments are a significant overhaul and will substantially alter the processes involved in acquiring and maintaining title. Delays can be damaging to any mining operation and all those with a vested interest would be well served to seek legal advice to determine how the Amendments will affect their operations.

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