(Including consent for mortgages, charges, debentures and subleases)
Many in the Ontario mining industry hold lands, in the form of Mining Leases. The Crown as landlord, charges an annual rent to the lessee and the Ministry of Northern Development and Mines is responsible for its collection.
The Crown controls who those lease holders are, and to a lesser extent who has a registered interest in the leases. For this reason, consent of the Minister of Northern Development and Mines (MNDM) is required under sections 81 and 82 of the Mining Act for the transfer, mortgage, charge, debenture or sublease of 21-year and 10-year Mining Leases. Without consent, the transaction is not considered valid.
In order to process a consent to transfer, the following is required to be submitted to the Ministry of Northern Development and Mines:
Note: If there is a discrepancy between the Transferor's name and our records, the client will be required to supply proof of ownership, amalgamation or name change.
The transfer process can take from two to six weeks depending on
company searches, verification of potential hazards and/or
closure plans, and whether or not all of the above criteria have
been met. Upon granting the consent, MNDM records are updated to
reflect the new lessee and/or interested party. If, for some
reason, the transaction does not take place despite the
Minister's consent, the Dispositions Office of the MNDM must be
notified and the original consent forms must be returned so the
transfer can be formally reversed.
For electronic submissions: Normally only one consent is prepared
but the client may request more, if necessary. Consent is
returned to the client or their solicitor and must be attached to
the transfer as a scanned image.
For paper submissions: Consents are prepared for both original
documents and are then returned to the client or their solicitor
for registration at the appropriate Land Registry Office.
Generally, one will remain on file in the Land Registry Office,
while the client will retain the other registered copy.
For more information, please contact the Mining Lands Administrator.