In the wake in the Bre-X Minerals scandal, the three major organizations that represent the mining sector in Quebec have banded together to re-evaluate mining investment practices in that province.
The three associations — the Quebec Mining Association, the Quebec Prospectors Association, and the Association of Professional Geologists and Geophysicists of Quebec — have formed an ad hoc committee to meet with provincial agencies and the Montreal Stock Exchange.
Paul Archer, president of the Quebec Prospectors Association, says the joint action was necessary to maintain public and market confidence in Quebec’s mining financing industry.
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