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Yukon

Regulatory Risk Rating

Moderate
Regulatory Risk

Regulatory Corruption Risk

Low
Regulatory Corruption Risk

Corruption Exposure Risk

Very Low
Corruption Exposure Risk
Regulatory Risk Rating Factors Risk Level
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 It is outdated, with many terms transitioned from older legislation, thus lacking consistency with the administrative changes brought about by the Yukon Act.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

Moderate
Regulatory Risk

Regulatory Corruption Risk

Low
Regulatory Corruption Risk

Corruption Exposure Risk

Very Low
Corruption Exposure Risk