{"id":872840,"date":"2018-07-24T08:58:02","date_gmt":"2018-07-24T08:58:02","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=872840"},"modified":"2018-07-24T08:58:02","modified_gmt":"2018-07-24T08:58:02","slug":"canada-scaring-mining-investors-with-long-unclear-permit-processes-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=872840","title":{"rendered":"Canada scaring mining investors with long, unclear permit processes"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"http:\/\/www.mining.com\/canada-scaring-mining-investors-with-long-unclear-permit-processes\/\">Cecilia Jamasmie<\/a><\/span>  <\/p>\n<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"http:\/\/www.mining.com\/canada-scaring-mining-investors-with-long-unclear-permit-processes\/\"><img decoding=\"async\" width=\"150\" src=\"http:\/\/www.mining.com\/wp-content\/uploads\/2018\/07\/permit-times-for-mining-exploration-fig1-1.jpg\" alt=\"Canada scaring mining investors with long, unclear permit process\"><\/a><\/div>\n<p>Mining investors are losing confidence in the mineral exploration permit process in most Canadian provinces, with applications taking longer to be approved and a lack of transparency, a <a target=\"_blank\" href=\"https:\/\/www.fraserinstitute.org\/sites\/default\/files\/permit-times-for-mining-exploration-2017.pdf\" rel=\"noopener\">new study released Tuesday<\/a> shows.<\/p>\n<p>According to the Fraser Institute, an independent, non-partisan Canadian policy think-tank, British Columbia, Ontario and Quebec are the three main provinces where exploration requests have grown longer and less transparent over the past 10 years.<\/p>\n<p>In fact, 50% of the mining executives that participated in Fraser&#8217;s <a target=\"_blank\" href=\"http:\/\/www.mining.com\/canada-the-worlds-top-mining-destination-despite-saskatchewan-fall\/\" rel=\"noopener\">latest \u201cMining Survey\u201d<\/a>, indicated a lack of transparency in Ontario deters investment, followed by 48% of respondents in B.C. and 40% in Quebec.<\/p>\n<p>In 2017, 83% of respondents in Ontario said that permit times had lengthened over the last ten years compared to 73% in B.C. and 50% in Quebec. On average, more respondents in the Canadian jurisdictions indicated that permit times were getting considerably longer compared to respondents in Australia and Scandinavia.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.mining.com\/wp-content\/uploads\/2018\/07\/permit-times-for-mining-exploration-fig2.jpg\" alt=\"Canada scaring mining investors with long, unclear permit process\" width=\"900\" height=\"646\"><\/p>\n<p>Kenneth Green, Fraser Institute resident scholar and co-author of \u201c<a target=\"_blank\" href=\"https:\/\/www.fraserinstitute.org\/sites\/default\/files\/permit-times-for-mining-exploration-2017.pdf\" rel=\"noopener\">Permit Times for Mining Exploration in 2017<\/a>\u201d says the situation no only deters investment, but also \u201chinders Canada&#8217;s ability to realize its considerable resource potential.\u201d<\/p>\n<p>\u201cUltimately, uncompetitive mining policies send valuable investment dollars\u2014and the jobs and prosperity they create\u2014elsewhere,\u201d he says.<\/p>\n<p>The survey&#8217;s results were broken into three areas: the length of time it takes to be approved for the necessary permits, the transparency of the permitting process, and the certainty of the permitting process.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.mining.com\/wp-content\/uploads\/2018\/07\/permit-times-for-mining-exploration-fig3-1.jpg\" alt=\"Canada scaring mining investors with long, unclear permit process\" width=\"900\" height=\"672\"><\/p>\n<p>As a conclusion, Green says, we don&#8217;t suggest that regulations should be lessened in order to reduce the risks and costs to industry; rather we argue that regulations should be as efficient and cost effective as possible while trying to address concerns like externalities that can result from exploration activities.<\/p>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/canada-scaring-mining-investors-with-long-unclear-permit-processes\/\">Canada scaring mining investors with long, unclear permit processes<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n<p> <a href=\"http:\/\/www.mining.com\/canada-scaring-mining-investors-with-long-unclear-permit-processes\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"http:\/\/www.mining.com\/canada-scaring-mining-investors-with-long-unclear-permit-processes\/\" target=\"_blank\" title=\"Canada scaring mining investors with long, unclear permit processes\">Mining.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Cecilia Jamasmie Mining investors are losing confidence in the mineral exploration permit process in most Canadian provinces, with applications taking longer to be approved and a lack of transparency, a new study released Tuesday shows. According to the Fraser Institute, an independent, non-partisan Canadian policy think-tank, British Columbia, Ontario and Quebec are the three [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/872840"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=872840"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/872840\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=872840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=872840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=872840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}