May 16, 2002
Industry, Trade and Mines Minister MaryAnn Mihychuk has announced that proposed amendments to the Mines and Minerals Act being considered by the legislature would streamline and clarify mining regulations governing the minerals industry in Manitoba and enhance the stability of land tenure. They are also intended to encourage more exploration by smaller companies and individual prospectors.
Regulatory and statutory amendments would replace both types of exploration permits with a new mineral disposition called a mineral exploration licence. The terms and conditions applied to mineral exploration licences would make them more accessible to small companies and individual prospectors.
The amendments would also:
"These changes are intended to facilitate mineral exploration in Manitoba and to further stimulate exploration among smaller prospectors," said Mihychuk. "These changes also reflect the changing nature of the minerals industry in Manitoba, including our recent emphasis on diamonds and the need to clarify ownership of mine tailings."
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