Prince Edward Island Department of Finance, Energy and Municipal Affairs
Year of publication:
2012
In order to conduct oil and natural gas exploration in Prince Edward Island, a permit is required which clearly defines the area of exploration. All permits are issued on a competitive bid basis. The bidding process, fees, and forms are listed here.
This report covers a wide range of information important to those wishing to participate in mineral development, including identification of mineral rights and acquiringand maintaining exploration licenses.
Presentation outlining the findings of Gardner Pinfold Consulting and Conestoga-Rovers and Associates regarding the economic impacts of the mineral industry in the province.
Several forms are listed here for those interested in developing mineral, oil and natural gas, bituminous shale, or peat and aggregate reserves or establishing underground storage. Examples include applications to lease crown land, licenses to explore, well authorization, and well licenses.
The New Brunswick Deposit Evaluation Program (NBDEP) is a financial assistance program to stimulate mineral exploration by providing up to 50% of eligible costs within prescribed limits.
NBPAP is a financial assistance program offered by Minerals, Policy and Planning Division (MPPD) of the New Brunswick Department of Natural Resources (NBDNR). The program is for prospectors searching for metallic or industrial minerals (except aggregates) in the Province, who can receive up to: a maximum of $5,000 if the prospector does not have mineral claims at the time of application and a maximum of $15,000 if the prospector has existing mineral claims at the time of application.
The New Brunswick Junior Mining Assistance Program (NBJMAP): Is a financial assistance program for private-sector Junior companies; provides up to 50% of eligible costs, within defined limits, for mineral exploration projects; and is intended to increase the probability of finding economically viable mineral resources in New Brunswick.
Contains much information about mineral exploration, mineral rights data, and mine development that may be useful to those exploring the possibility of prospecting.
This section explains Canadian international income tax rules with regards to mining. Topics explored are general rules and principles, taxation of foreign investment in Canada, taxation of Canadian investment abroad, and mining-specific provisions.
