2023-06-29|Stop Government Assistance/Incentive/Promotion/Support for Diamond Mining!

To whom it may concern

Diamond is a solid form of the element carbon (C) with its atoms arranged in a crystal structure called diamond cubic. Laboratory-grown diamond (LGD) is produced in a controlled technological process such as high pressure high temperature (HPHT) and chemical vapour deposition (CVD). Both CVD and HPHT diamonds can be cut into gems and various colours can be produced: clear white, yellow, brown, blue, green and orange.
Synthetic diamonds are composed of the same material as naturally-formed diamonds, and share identical chemical and physical properties. To human being's naked eye, synthetic diamonds are indistinguishable from naturally-formed diamonds. Special spectroscopic devices and techniques had to be developed in order to distinguish between synthetic diamonds and naturally-formed diamonds.
It has come to my attention that federal and provincial governments are still providing support for diamond mining, as shown below. Given the extremely negative environmental impact, please stop assistance/incentive/promotion/support for diamond mining. Also, laws and regulations should be amended to ban opening and operating any diamond mines in future. Present jobs in the industry can shift from mining diamonds to synthesising diamonds, or to extracting other minerals like rare-earth elements.

Here is the position of the Government of Canada.

Mining and mineral resource development in Canada

How Canada supports mineral exploration

Canada is open to mineral development and investment. There are few barriers to foreign companies establishing a new business or acquiring a business in minerals and metals. Geological information and statistics on minerals and metals are available and accessible by anyone.
Canada is a global centre for the financing of exploration and mining. It is home to over 40% of the world's publicly listed mining and exploration companies. Companies raise capital on Canada's stock exchanges, including the Toronto Stock Exchange and the TSX Venture. Regulations governing securities are set by provincial and territorial governments. Read Framework for mineral exploration and mining in Canada, above, for more about the regulation of securities.
Mineral exploration, in particular, is high risk and has a long lead time before it makes returns. Canada's tax regime includes several incentives to aid in mineral exploration. These include Canadian exploration expenses, flow-through shares and the mineral exploration tax credit. For more information, visit Tax incentives for mining and exploration.
Canada offers many opportunities in mining. It is home to a rich geological endowment and wide variety of metals and minerals. Some of the top-value minerals and metals mined in Canada are gold, iron ore, coal, copper, potash, nickel, platinum group metals, sand and gravel, stone and diamonds.

Date modified: 2023-05-26

Mining and mineral resource development in Canada
How Canada supports mineral exploration
Canada is open to mineral development and investment. There are few barriers to foreign companies establishing a new business or acquiring a business in minerals and metals. Geological information and statistics on minerals and metals are available and accessible by anyone. Canada is a global centre for the financing of exploration and mining. It is home to over 40% of the world's publicly listed mining and exploration companies. Companies raise capital on Canada's stock exchanges, including the Toronto Stock Exchange and the TSX Venture. Regulations governing securities are set by provincial and territorial governments. Read Framework for mineral exploration and mining in Canada, above, for more about the regulation of securities. Mineral exploration, in particular, is high risk and has a long lead time before it makes returns. Canada's tax regime includes several incentives to aid in mineral exploration. These include Canadian exploration expenses, flow-through shares and the mineral exploration tax credit. For more information, visit Tax incentives for mining and exploration. Canada offers many opportunities in mining. It is home to a rich geological endowment and wide variety of metals and minerals. Some of the top-value minerals and metals mined in Canada are gold, iron ore, coal, copper, potash, nickel, platinum group metals, sand and gravel, stone and diamonds.
Date modified: 2023-05-26

Tax administration for the mining industry

Mineral resource certification

The federal government offers several exploration and mining tax incentives, including:

the Canadian Exploration Expense (CEE)
the Canadian Development Expense (CDE)
federal Mineral Exploration Tax Credit (METC) or the new Critical Mineral Exploration Tax Credit (CMETC)
flow-through shares (FTS)
For your company to be eligible for these tax incentives, you must prove that you are exploring for and/or mining a "mineral resource," as defined by the Income Tax Act. If the mineral deposit does not fit the Income Tax Act's definition, it is considered an "industrial mineral mine" for income tax purposes. In some cases, you can consider the deposit a "mineral resource" without needing a certificate. In other cases, you need a certificate.
When do you need a mineral resource certificate?
In general, you do not need a certificate if the deposit meets the definition of a "mineral resource" in subsection 248(1) of the Income Tax Act:

a base or precious metal deposit,
a coal deposit,
a bituminous sands deposit, oil sands deposit, or oil shale deposit, or

a mineral deposit in respect of which:
the Minister of Natural Resources has certified that the principal mineral extracted is an industrial mineral contained in a non-bedded deposit;
the principal mineral extracted is calcium chloride, diamond, gypsum, halite, kaolin, or sylvite; or
the principal mineral extracted is silica, extracted from sandstone or quartzite.

Date modified: 2023-11-17

Tax administration for the mining industry
Mineral resource certification
The federal government offers several exploration and mining tax incentives, including: the Canadian Exploration Expense (CEE) the Canadian Development Expense (CDE) federal Mineral Exploration Tax Credit (METC) or the new Critical Mineral Exploration Tax Credit (CMETC) flow-through shares (FTS) For your company to be eligible for these tax incentives, you must prove that you are exploring for and/or mining a "mineral resource," as defined by the Income Tax Act. If the mineral deposit does not fit the Income Tax Act's definition, it is considered an "industrial mineral mine" for income tax purposes. In some cases, you can consider the deposit a "mineral resource" without needing a certificate. In other cases, you need a certificate. When do you need a mineral resource certificate? In general, you do not need a certificate if the deposit meets the definition of a "mineral resource" in subsection 248(1) of the Income Tax Act: a base or precious metal deposit, a coal deposit, a bituminous sands deposit, oil sands deposit, or oil shale deposit, or a mineral deposit in respect of which: the Minister of Natural Resources has certified that the principal mineral extracted is an industrial mineral contained in a non-bedded deposit; the principal mineral extracted is calcium chloride, diamond, gypsum, halite, kaolin, or sylvite; or the principal mineral extracted is silica, extracted from sandstone or quartzite.
Date modified: 2023-11-17

Here is the position of le Gouvernement du Québec.

Québec where it's at: Investing in Québec's Mining Sector

Investissement Québec: Ressources Québec

SOQUEM's mission is to encourage exploration, discovery, and deposit appraisal of Québec's mineral resources. It has participated in and contributed to the startup of hundreds of projects that led to major discoveries of gold, diamonds, lithium, niobium, rare earth elements and several other mineral commodities, which makes it one of the most prolific exploration companies in Québec. SOQUEM's discoveries have led to the production launch of several mines, three of which are currently producing mines, and contributed to the creation of more than 1,000 jobs in Québec.

© Gouvernement du Québec, 2022

Thank you very much for your attention.

Québec where it's at: Investing in Québec's Mining Sector
Investissement Québec: Ressources Québec
SOQUEM's mission is to encourage exploration, discovery, and deposit appraisal of Québec's mineral resources. It has participated in and contributed to the startup of hundreds of projects that led to major discoveries of gold, diamonds, lithium, niobium, rare earth elements and several other mineral commodities, which makes it one of the most prolific exploration companies in Québec. SOQUEM's discoveries have led to the production launch of several mines, three of which are currently producing mines, and contributed to the creation of more than 1,000 jobs in Québec.
© Gouvernement du Québec, 2022

To whom it may concern

Here is an example of synthetic diamond.
Thank you very much for your attention.

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2025-02-14T19:04:59.000Z