MAC applauds creation of major projects management office



    OTTAWA, Oct. 1 /CNW Telbec/ - The Mining Association of Canada (MAC)
today applauded the Government of Canada's announcement of a major projects
management office to improve the regulatory system and the competitiveness of
Canada's natural resources sectors.
    "The mining industry is enjoying a prosperous period. Exploration is at
record levels and new mines are coming into production. Until today, Canada's
regulatory system has not been equipped with the resources it needs to manage
the major increase in activity, nor has it been well-coordinated," explained
Gordon Peeling, President and CEO of MAC. "Today's announcement will go a long
way toward ensuring Canada has a more effective, efficient and rigourous
regulatory system for new mining projects."
    MAC has been raising concerns with respect to the regulatory system for
several years. The creation of a major projects management office responds to
a key MAC recommendation and is a positive signal that the Government of
Canada is committed to supporting the responsible and sustainable development
of Canada's natural resources. Industry appreciates the single window that
this will give project developers into the overall federal government
permitting process so that they can better respond in a timely way to
regulatory requirements.
    The Canadian mining industry is of great importance to Canada's economy -
the sector employs 369,000 Canadians, contributes $40 billion to Canada's
gross domestic product and accounts for 17% of annual Canadian exports.

    The Mining Association of Canada is the national organization for the
Canadian mining industry. Its members are engaged in mineral exploration,
mining, smelting, refining and semi-fabrication.




For further information:

For further information: Pierre Gratton, (613) 233-9392, ext 319,
pgratton@mining.ca


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