Prospectors & Developers Association of Canada (PDAC)

Prospectors & Developers Association of Canada (PDAC)

April 17, 2012 17:13 ET

Prospectors and Developers Association of Canada Welcomes Federal Government's Resource Development Plan

TORONTO, ONTARIO--(Marketwire - April 17, 2012) - The Prospectors and Developers Association of Canada (PDAC) welcomes the federal government's plan for responsible resource development announced today.

"We commend the federal government for its goal of a system that provides predictable and timely reviews, reduced duplication, strengthened environmental protection and enhanced Aboriginal consultation," says PDAC Executive Director Ross Gallinger.

"The mineral exploration and development industry needs an efficient regulatory regime that encourages investment by providing certainty and predictability for resource development projects," says Gallinger. "An effective regulatory system is a key factor in a company's decision about where to invest."

The federal government's Responsible Resource Development plan also includes measures "to ensure that Aboriginal groups are more fully engaged in the environmental assessment and regulatory permitting process from beginning to end and that possible impacts on their potential or established Aboriginal or Treaty rights are given due consideration in decision-making."

As an advocate for greater clarity regarding the Crown's consultation requirements, community engagement and project permitting, the PDAC welcomes this inclusion in the plan.

"We look forward to hearing more about the series of measures aimed at enhancing consultations with Aboriginals, such as better integrating Aboriginal consultations into the review process and clarifying expectations and levels of consultation for project reviews," says Gallinger.

About the PDAC

The Prospectors and Developers Association of Canada (PDAC) is a national association representing the mineral exploration and development industry. The PDAC has over 10,000 individual and corporate members.

Contact Information

  • Prospectors and Developers Association of Canada (PDAC)
    Carolyn Foster
    Communications Specialist
    416.362.1969 x233