Yukon
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Regulatory Risk Rating Factors | Risk Level |
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First Come / First Serve | Subscribe |
Application Criteria | Subscribe |
Duration | Subscribe |
Right to Renew | Subscribe |
Competing Licences | Subscribe |
Mineral Coverage | Subscribe |
Right to Mine | Subscribe |
Criteria for Mining Rights | Subscribe |
Tenure | Subscribe |
Surface Rights | Subscribe |
Government Take | Subscribe |
Transfer Rights | Subscribe |
Change of Control | Subscribe |
EIA Process | Subscribe |
Power to Revoke | Subscribe |
Age of Legislation | Subscribe |
Other Factors | Subscribe |
Yukon’s mineral resources legislation is in need of updating. In 2003, the Yukon Act made changes to the territory’s legislative powers, providing the Government of Yukon with the power to make laws in relation to its natural resources - a power previously held by the federal government. Unfortunately, Yukon’s primary mining legislation, the Quartz Mining Act (QMA), suffers from several key issues. It is outdated, with many terms transitioned from older legislation, thus lacking consistency with the administrative changes brought about by the Yukon Act. It lacks clarity – as a result of vague terms and absent a comprehensive set of regulations. And it contains overly complex licensing processes, which provide too much discretion to decision makers. Collectively, these issues increase risk for those interested in mineral exploration and extraction in Yukon.
Contents
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk