Relief measures for Nunavut mineral leases announced
The government of Canada is giving mineral lease holders in Nunavut an extra six months to pay rent on leases that became due during the Covid-19 pandemic.
This applies to mineral leases on Crown lands that fall under the Nunavut Mining Regulations and become due between March 13, 2020 and October 29, 2020.
The Nunavut Mining Regulations have also been amended to waive for one year, upon request in writing to the department, the payment of yearly rent on mineral leases due in the one-year period from March 13, 2020 to March 12, 2021.
Any rent that has been paid before the amendment comes into force is waived in the following year.
"Clearly, the impacts of Covid-19 have created extraordinary circumstances throughout Canada and across the globe. In Nunavut, Covid-19 has created a negative economic environment for the mining industry making it difficult for holders of mineral leases to meet certain time limits established by the Nunavut Mining Regulations. The steps announced today, represent a further commitment by the Government of Canada to support and maintain the competitiveness of the mining industry in Nunavut,” commented Northern Affairs Minister Daniel Vandal.
The governments of Yukon and the Northwest Territories oversee separately the management of mineral tenure across their regions.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation