{"id":516284,"date":"2026-03-05T16:26:22","date_gmt":"2026-03-05T16:26:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/516284\/"},"modified":"2026-03-05T16:26:22","modified_gmt":"2026-03-05T16:26:22","slug":"canada-will-be-g20s-quickest-on-mining-permits-natural-resources-minister-vows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/516284\/","title":{"rendered":"Canada will be G20\u2019s quickest on mining permits, Natural Resources Minister vows"},"content":{"rendered":"<p>Canada\u2019s Energy and Natural Resources Minister Tim Hodgson. Credit: Colin McClelland \/ The Northern Miner <\/p>\n<p>Canada will lead Group of 20 nations with the fastest permits as the government\u2019s Major Projects Office (MPO) advances projects to production within two years, Energy and Natural Resources Minister Tim Hodgson said in an interview.<\/p>\n<p>The government is pushing five projects valued in the billions of dollars, from copper in British Columbia to tungsten in New Brunswick, as part of the special office announced last year to co-ordinate provincial and federal permits.<\/p>\n<p>\u201cFrom the time the project is referred to the MPO, you\u2019ll get a conditions document within two years,\u201d Hodgson told The Northern Miner on Tuesday as the Prospectors and Developers Association of Canada convention in Toronto wound down. \u201cThat\u2019ll be the best in the G20.\u201d<\/p>\n<p>Canada is accelerating permit times by limiting provincial and federal duplication as countries in the West attempt to reduce their dependence on China\u2019s mining and metals processing. After the largest amount of spending for mining in a federal budget in decades \u2013 issued last November \u2014 and further details released this week on financing other projects, Hodgson said there\u2019s ample proof the government is doing more than saying the right things.<\/p>\n<p>\u201cLike 26 deals in October and 30 deals today, like [projects valued at] $18 billion, at what point is that not walking the talk?\u201d he said. \u201cWe just saved Thompson [nickel mine] with a new Canadian owner who\u2019s dedicated to expanding the mine instead of shutting it. I mean, at what point?\u201d<\/p>\n<p>On track<\/p>\n<p>When Vale\u2019s (NYSE: VALE) base metals unit <a href=\"https:\/\/www.northernminer.com\/news\/vale-to-sell-manitoba-nickel-complex-to-investor-group\/1003887934\/\" rel=\"nofollow noopener\" target=\"_blank\">agreed last month<\/a> to bring in partners to keep the Thompson nickel mine complex in Manitoba operating, the deal included funding from the Canada Growth Fund, a federal investment fund created to attract private capital into strategic sectors such as critical minerals.<\/p>\n<p>In the MPO, Foran Mining\u2019s (TSX: FOM; US-OTC: FMCXF) McIlvenna Bay copper mine project in Saskatchewan is due to start producing next year while Canada Nickel (TSXV: CNC: US-OTC: CNIKF) in Ontario may take two years to build after a construction decision expected this year.<\/p>\n<p>The office is also advancing Northcliff Resources\u2019 (TSX: NCF; US-OTC: NCFFF) tungsten proposal in New Brunswick, Nouveau Monde Graphite\u2019s (NYSE: NMG; TSX.V: NOU) project in Quebec; and the Red Chris copper and gold mine expansion, owned 70-30% by Newmont (NYSE: NEM; TSX: NGT) and Imperial Metals (TSX: III), in B.C.<\/p>\n<p>\u201cWe are clearly focused on having a best in class, predictable permitting process,\u201d Hodgson said. \u201cWe de-pancaked our regulatory provincial, territorial, federal relationship, where we\u2019ve got one project, one review.\u201d<\/p>\n<p>The minister officially launched a $1.5-billion First and Last Mile infrastructure fund on Tuesday that had been outlined in November\u2019s federal budget. Hodgson listed five projects marked for $115 million of the fund to get metals from mines to markets. They were part of $165.2 million across 22 projects, and\u00a0<a href=\"https:\/\/www.northernminer.com\/news\/pdac-ottawa-sprinkles-cash-across-30-projects\/1003888391\/\" rel=\"nofollow noopener\" target=\"_blank\">in addition to 30 projects<\/a>\u00a0granted small-scale funding on Monday at the convention.<\/p>\n<p>Sovereign fund<\/p>\n<p>The timing for the formal launch of a $2-billion sovereign fund \u2013 which was also mentioned in the budget \u2014 depends on legislation that is being blocked by the Conservative opposition in Parliament, Hodgson said. One of the fund\u2019s platforms, to include government equity ownership in projects, will require an investment policy.<\/p>\n<p>\u201cWe\u2019ll have a series of frameworks and the at the end of the day, there\u2019s going to be some flexibility around it,\u201d he said. \u201cAnd what we\u2019re going to be focused on is, how do we address key constraints in our critical mineral supply chains? We\u2019re going to help do that by catalyzing projects, probably in partnership with our allies.\u201d<\/p>\n<p>Hodgson said processing is important for Canada, noting that Quebec and Glencore (LSE: GLEN) are close to finalizing an agreement to keep the Horne smelter running. Glencore has said environmental rules make it uneconomical.<\/p>\n<p>\u201cMy understanding is the there are still some open points between the Quebec government and Glencore,\u201d the minister said. \u201cI believe they\u2019re very close to sorting those out. I think there\u2019s some legislation okay that needs to pass in Quebec. And look, keeping our refining and smelting capacity on stream in Canada as a priority for this government.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Canada\u2019s Energy and Natural Resources Minister Tim Hodgson. Credit: Colin McClelland \/ The Northern Miner Canada will lead&hellip;\n","protected":false},"author":2,"featured_media":516285,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[49,48,295,66],"class_list":{"0":"post-516284","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-ca","9":"tag-canada","10":"tag-environment","11":"tag-science"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/516284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=516284"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/516284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/516285"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=516284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=516284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=516284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}