AEMQ requests that the prime minister places jobs first
MONTREAL, March 15, 2013 /CNW Telbec/ - The Quebec Mining Exploration
Association (AEMQ) left disappointed the Quebec government's forum on
mining royalties held today in Montreal. As an ecomonic association
representing over 250 SMEs and 2,000 members of Quebec's mining
exploration sector, AEMQ was invited to participate in the forum.
"We came here in good faith, hoping to find an ear that would
attentively listen to our views, which are based on concrete, factual
and validated analysis with respect to the anticipated effects of
government proposals regarding the development of our industry. Despite
a highly polarized debate, a consensus seems to be emerging on the need
for continued dialogue before making any decision that may prove
regrettable for Quebec," said AEMQ President, Philippe Cloutier.
AEMQ stated that mineral exploration in Quebec accounts for 700 to 750
million dollars in annual revenues that are injected into our resource
regions. These activities directly support about 4,000 jobs.
Exploration is also spearheading research and development supporting an
8 billion dollar industry for a total of over 50,000 jobs.
"The mining taxation system was already modified in 2009, and while the
industry is facing a financial crisis, the government is looking to
jeopardize everything the Quebec exploration industry has been working
hard to develop over the past 50 years," Mr Cloutier added.
"AEMQ's mission is to promote responsible and sustainable exploration of
Quebec's mineral resources and its vital contribution to the Quebec
economy. As such, our analyzes indicate that the application of ad
valorem royalties will only result in putting nearly 4, 000 direct jobs
at risk and such action is simply unacceptable to us," said Valérie
Fillion, Executive Director of AEMQ.
AEMQ remains hopeful that the Quebec government will lend an attentive
ear to exploration SMEs that scour the world to attract investment in
Québec and develop projects that contribute to the collective wealth
while creating and maintaining quality jobs in resource regions and
across the country.
About the Quebec Mining Exploration Association (AEMQ)
The Quebec Mineral Exploration Association (AEMQ) is a non-profit
organization formed under the Companies Act, Part III. The AEMQ
represents players in the field of mineral exploration in Quebec. The
AEMQ was founded in 1975 by individuals (prospectors, geologists,
geophysicists, entrepreneurs, developers and exploration managers) in
the mineral exploration industry with a goal to increase exploration
and support the development of mining entrepreneurship in Quebec. The
AEMQ has over 1684 individual members (prospectors, geologists,
geophysicists, brokers, tax experts, lawyers, etc.) and 246 corporate
members (major and minor mining exploration companies, geological and
geophysical engineering consultancy firms, drilling companies, service
providers, equipment manufacturers, etc). It is run by a board of
directors composed of 20 representatives from different areas of mining
exploration. The AEMQ Head Office is located at 132, avenue du Lac,
Suite 203, Rouyn-Noranda (Québec) J9X 4N5
For further information, please visit the AEMQ website at www.aemq.org
SOURCE: QUEBEC MINERAL EXPLORATION ASSOCIATION (AEMQ)
For further information:
Phone : (819) 762-1599
Phone : (819) 874-1331