ERTH 4303 Lecture Notes - Lecture 4: Investment, Open-Pit Mining, Cash Cash
Document Summary
89% of canada is crown land (federal or provincial) Only 4% of land in provinces is federal crown land as parks, indian reserves, or canadian forces. You may hold the land in canada but it is the property of the crown. Require a prospecting licence which gives them the right to travel over lands that are open for staking; qualifies you to stake claims. Claim staking is physical staking with an axe and metal tags; digital staking is more common. Claims can be transferred to other people. Mining claims grant owners exclusive rights to explore for minerals, however, there is no title of ownership to the land or the minerals under it. You can, however, convert to a lease in which you are granted title and ownership of the land. Duty to consult arises when the crown considers actions that may affect aboriginal treaty rights. You require consent to mine in first nation communities.