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Mining Companies Act.

Country/Territory
Canada
Territorial subdivision
Québec
Document type
Legislation
Date
1964 (2019)
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Exploration Mining Minerals Business/industry/corporations Transport/storage
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

The provisions of this Act shall apply to mining companies constituted as legal persons by letters patent issued under the laws of Québec. Without affecting the Mining Act (chapter M-13.1) and without in any way restricting its general powers, the company may: (1) prospect and explore for mines and minerals; (2) carry on all operations by which the soil, earth, rocks and stones may, for the purpose of extracting any minerals whatsoever, be mined, dug, raised, washed, cradled, smelted, refined, crushed or treated in any manner; render such minerals merchantable by any means whatsoever; and sell or otherwise dispose thereof; (3) acquire, lease, possess and alienate mines, mining lands, mining rights, preemption rights, or any interest therein, mechanical contrivances, patent rights of invention, or the right to make use of such apparatus or patent rights for the aforesaid purposes; (4) build, maintain and exploit, upon its own property or upon that under its control, telegraph and telephone lines, embankments, dams, flumes, canals, water-powers, electric and other powers, water-works, roads, factories, buildings, mills, warehouses and stores, necessary or useful to its operations; (5) exercise all the powers enumerated in sections 235 to 238 of the Mining Act in the manner therein prescribed; (6) manufacture, buy and sell all kinds of goods, merchandise, tools and apparatus required by the company or its servants or workmen; (7) build, acquire, possess, charter and employ the vessels necessary for its operations and for the transport of its products; (8) receive, hold and dispose of shares, bonds or other securities issued by any mining company, in payment for minerals, lands, merchandise or works; (9) acquire the assets, enterprise, property, privileges, franchises, contracts or rights of persons or companies carrying on any industry or business which it itself may carry on under this Act, and pay for the same, in whole or in part, if such persons or companies consent thereto, by paid-up shares, and undertake the debts and charges of the same; and (10) do all such acts and operations accessory to those above mentioned, or which may facilitate the attainment of the objects for which it was constituted as a legal person.

Full text
English
Website
legisquebec.gouv.qc.ca