Flaherty's Budget leaves mining industry mostly smiling

Canada Finance Minister Jim Flaherty on Thursday announced another year’s extension to the 15% tax credit for investing in mineral exploration, much to the delight of the industry. Also pleasing to resource developers, in a Budget that placed...

Canada extends exploration flow-through credit

Canada will extend its mineral exploration tax credit for flow-through share investors for another year, but plans to remove special tax incentives for the oil sands sector, according to the federal budget presented on Tuesday by Finance Minister...

Weekly podcast – May 5, 2010

Australian Prime Minister Kevin Rudd meets with Perth-based miners to discuss the implications of the proposed super profit tax on mining companies; South African iron-ore miner Kumba Iron Ore moves its ongoing dispute with ArcelorMittal South...

Canada extends flow-through credit

The Canadian government will extend the 15% mineral exploration tax credit for an additional year, to March 31, 2011, according to the federal budget presented on Thursday by Finance Minister Jim Flaherty. The net cost of the extension is...

Canadian mining sector gears up for the big chill

From Vancouver in the west to the Maritimes in the east and far up into the icy extremities of the territories, Canada, like South Africa, can trace much of its economic development and identity to the roller-coaster businesses of exploration and...

Canadian mining sector gears up for the big chill

From Vancouver in the west to the Maritimes in the east and far up into the icy extremities of the territories, Canada, like South Africa can trace much of its economic development and identity to the roller-coaster businesses of exploration and...

Canadian miners on budget: 'Overall, pretty good'

The Canadian mining industry on Wednesday welcomed measures proposed by Finance Minister Jim Flaherty in his Federal budget as “appropriate for the times”. “Overall, it's a pretty good budget,” Mining Association of Canada (MAC) vice...

Canada's Raitt will prioritise hard-hit towns, continued investment

Improving access to funds for companies so that they continue to invest in new projects, and ensuring support for hard-hit resources-based towns and communities will be at the top of the list this year for Canadian Minister of Natural Resources...

Lisa Raitt named Natural Resources Minister in new Canadian Cabinet

Canadian Prime Minister Stephen Harper has appointed Lisa Raitt as Minister of Natural Resources, replacing Gary Lunn, whose new portfolio is Minister of State for Sport. Harper, whose Conservative party won parliamentary elections last month but...

Flow-through shares create 'distortion' – Canadian junior

The flow-through share system, which has been credited with breathing life into the Canadian junior sector, was not necessarily positive in the long run, particularly as increasing numbers of companies grow to rely on the plan, David Watkins, who...