Quebec's government lays out plans to extract higher taxes from the mining sector over the next...

|By:, SA News Editor

Quebec's government lays out plans to extract higher taxes from the mining sector over the next 12 years, with measures such as a minimum royalty. The province wants new funding sources to bring its debt under control, but miners already facing falling profits due to falling commodity prices oppose the plan, though Agnico-Eagle Mines (AEM) says the overall impact on its operations appears to be minor.