Mining Suppliers to Benefit from New Exploration Support in Budget 2015


Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) congratulates the Government of Canada for tabling a balanced budget while maintaining its support for mineral exploration and mine development in Budget 2015. “We commend the federal government for balancing the budget while maintaining support for important programs that stimulate economic growth and create new jobs in the mining sector,” said Darold Thorp, Chair of MSABC.

The Mineral Exploration Tax Credit, which has helped junior mining companies raise $5.5 billion for exploration since 2006, has been extended for an additional year in Budget 2015. Deductions for Canadian Exploration Expenses were also expanded to cover costs for consultations and environmental studies. “A significant portion of the funds raised for exploration and environmental studies will be spent on supplies and services provided by our member companies,” said Thorp. “Whether it’s the purchase of modular buildings for field exploration or the commissioning of archeological surveys at project sites, B.C. companies that provide these supplies and services will benefit directly from investments attracted by these incentives.” [...]  READ MORE ➔

Mining Suppliers Launch 2011 Membership Directory


Vancouver – The Mining Suppliers Association of British Columbia (MSABC) launched its 2011 Membership Directory today at the Bob Hallbauer Invitational Golf Tournament. “Through their active involvement in our Association, the suppliers, contractors and consultants in this Directory have all demonstrated a commitment to the development of a sustainable mining industry in BC,” said Patty Moore, Chair of MSABC.

The 2011 Membership Directory, which will be printed annually and regularly updated on the MSABC website, was last produced in 2001. “The revival of this Directory is indicative of the growing importance of mining to the livelihoods of British Columbians,” added Moore. “Much has changed since our last edition, including our name, but we remain committed to our founding principle – to support the mining industry in British Columbia.” [...]  READ MORE ➔