Difference between revisions of "Mining regulations"

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(Created page with 'This page contains links to resources that will be useful for permitting, regulations etc. at the Provincial and Federal level. [http://www.mndmf.gov.on.ca/mines/developing_mine…')
 
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==Permitting==
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This page contains links to resources that will be useful for permitting, regulations etc. at the Provincial and Federal level.
 
This page contains links to resources that will be useful for permitting, regulations etc. at the Provincial and Federal level.
   
 
[http://www.mndmf.gov.on.ca/mines/developing_mineral_deposits_e.asp Developing a mineral deposit in Ontario] is a page with links to various permitting requirement information. The link to [http://www.mndmf.gov.on.ca/mines/mg/mindev/practitionersguide.pdf The Practitioner's Guide] is particularly useful.
 
[http://www.mndmf.gov.on.ca/mines/developing_mineral_deposits_e.asp Developing a mineral deposit in Ontario] is a page with links to various permitting requirement information. The link to [http://www.mndmf.gov.on.ca/mines/mg/mindev/practitionersguide.pdf The Practitioner's Guide] is particularly useful.
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==Taxation==
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* Depreciation claims are made based on CCA Class 10 for most capital costs (mobile equipment, mill, surface facilities). * CCA Class 10 uses a 30% declining balance depreciation schedule with the half-year rule.
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* Development expenditures (shafts, ramps, drifts, and raises) were claimed as Canadian Development Expenses (CDE).
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* CDE’s are accounted for in a cumulative Canadian Development Expense (cumulative CDE) account with 30% of the total account balance deducted each year as an expense.
   
   

Revision as of 09:47, 11 April 2011

Permitting

This page contains links to resources that will be useful for permitting, regulations etc. at the Provincial and Federal level.

Developing a mineral deposit in Ontario is a page with links to various permitting requirement information. The link to The Practitioner's Guide is particularly useful.

Taxation

  • Depreciation claims are made based on CCA Class 10 for most capital costs (mobile equipment, mill, surface facilities). * CCA Class 10 uses a 30% declining balance depreciation schedule with the half-year rule.
  • Development expenditures (shafts, ramps, drifts, and raises) were claimed as Canadian Development Expenses (CDE).
  • CDE’s are accounted for in a cumulative Canadian Development Expense (cumulative CDE) account with 30% of the total account balance deducted each year as an expense.