Infrastructure planning and design studies
The financial assistance granted for planning and design studies is non-repayable. The mining project must be at least at the mineral resource evaluation stage for land infrastructure projects and at the feasibility study stage for renewable energy transmission or telecommunications studies.
It covers up to 50% of eligible expenses. Eligible studies can receive a minimum assistance of $100,000. The total amount of government assistance cannot exceed 100% of the study’s eligible costs.
Infrastructure improvement or construction projects
Improvement or construction projects may be supported by either non-repayable or repayable financial assistance, depending on the stage of the mining project.
Non-repayable assistance applies to land transportation infrastructure projects. The mining project in question must be at the mineral resource evaluation stage. The assistance covers up to 50% of eligible expenses, up to a maximum of $1,000,000. Eligible projects can receive a minimum assistance of $100,000. The total amount of government assistance cannot exceed 80% of the project’s eligible costs.
Repayable assistance applies to land transportation, renewable energy transmission, or telecommunications infrastructure projects. The mining project in question must be at the feasibility study stage. The amount of assistance is determined based on the applicant’s needs and the nature of the project. The total amount of government assistance cannot exceed 100% of the project’s eligible costs.