"The Drummond Report: What Miners Need To Know"

Economist Don Drummond recently released a sweeping report (the "Drummond Report") on rethinking Provincial governance and Ontario's economy. Miners should take note: the Drummond Report calls for increased mining taxes and user fees and "a new paradigm for environmental and natural resource programs," licensing, and services that could both hinder and simplify mining development and operations.

Transformation is an important theme in our continuing series on streamlining the current mine development system. In our last article, we discussed the Draft Class Environmental Assessment for Mining and how the licensing system could be improved (See February 9th posting). Today, we discuss the changes that miners should expect from the Drummond Report, if implemented.