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|Supreme Court of India Cancels 214 Coal Block Allocations|
Saionton Basu; Duane Morris LLP;
October 7, 2014, previously published on October 1, 2014In a judgment delivered on 24 September 2014, the Supreme Court of India cancelled 214 coal block allocations that had been in place since 1993. Out of the 214 cancelled allotments, 42 coal blocks with end-use plants that were already functional or were about to become functional, have been allowed...
|Issues in Relation to Mining Projects in Burkina Faso|
Sarai Jacob, Rachel Speight; Mayer Brown International LLP;
September 30, 2014, previously published on September 30, 2014Burkina Faso has been ranked by the Fraser Institute as one of the top five most attractive African countries for mining investment.
|Canada Announces New Economic Sanctions Against Russia|
John W. Boscariol; McCarthy Tétrault LLP;
September 26, 2014, previously published on September 17, 2014Today, Canada published a number of changes to its sanctions measures against Russia, which include asset freezes and travel bans against certain officials in the Russian Armed Forces and restrictions on dealing with additional Russian arms manufacturers and one financial institution. The measures...
|Canada’s Foreign Investment Protection Agreement With China Takes Effect on October 1, 2014|
John W. Boscariol; McCarthy Tétrault LLP;
September 26, 2014, previously published on September 16, 2014The Canadian government has announced that the bilateral investment treaty (BIT) between China and Canada has now been ratified and will come into force on October 1, 2014, more than two years after the agreement was concluded and signed by the two countries. The BIT contains substantive...
|Ontario Court Affirms Crown’s Delegation of Consultation to Proponent under Mining Act|
Stephanie Axmann, Geoff R. Hall; McCarthy Tétrault LLP;
September 12, 2014, previously published on September 9, 2014On August 28, 2014, in Wabauskang First Nation v. Minister of Northern Development and Mines (Wabauskang), the Ontario Divisional Court (Court) dismissed a judicial review application brought by Wabauskang First Nation (WFN) against the Ontario Ministry of Northern Development and Mines (Ministry)...
|Canada Delays Mandatory Disclosure of Resource Payments to First Nations for Two Years: Delay and Provincial Support for Scheme Clears Way for Legislation this Fall|
Graham Erion; Davis LLP;
September 4, 2014, previously published on September 2, 2014Canada’s move towards mandatory reporting of resource payments by mining and oil & gas companies to host governments got a big push recently at a meeting of provincial and territorial resource ministers. First, all provinces and territories endorsed the federal government’s plan to...
|National Instrument 43-101: Part 2 - What Issuers Need to Know About Terminology|
Gregory Hogan, Alexander Pizale; Cassels Brock & Blackwell LLP;
August 30, 2014, previously published on July 10, 2014This is the second instalment in our periodic series on National Instrument 43-101.
|Tsilhqot’in Nation Releases Draft Mining Policy|
Sam Adkins, Stephanie Axmann; McCarthy Tétrault LLP;
August 14, 2014, previously published on August 7, 2014The Tsilhqot’in Nation has announced the release of a draft Mining Policy of the Tsilhqot’in National Government (Policy). The release of the Policy on July 31, 2014 follows the June 26, 2014 decision of the Supreme Court of Canada (SCC) in Tsilhqot’in Nation v. British Columbia,...
|Creating Conditions for Budget Revenue Increase and Tax Fairness|
Dentons Canada LLP;
July 31, 2014, previously published on July 23, 2014 The draft “Law on Amendments to the Tax Code of Ukraine and Some Other Legislative Acts of Ukraine” was registered by the Verkhovna Rada of Ukraine on 22 July 2014 under number 4309¿.
|Moody’s Provides Guidance on Metal Streaming Transactions|
Patrick Deutscher, Roger Taplin; McCarthy Tétrault LLP;
July 30, 2014, previously published on July 21, 2014On July 17, 2014, Moody’s Investors Service (Moody’s) released a report on metal streaming transactions, in which it discusses the impact of streaming transactions on the credit profiles of mining companies. Generally, Moody’s views metal streaming transactions as a form of equity...