104. The term of a mining lease is 20 years, except for a lease granted for the mining of tailings, whose term, determined by the Minister, is up to 10 years.
The Minister shall renew the lease, by mere notice, for a period of 10 years, not more than three times, provided the lessee(1) applies therefor before the sixtieth day preceding the expiry of the lease or, failing that, within 60 days preceding the expiry of the lease on payment of an additional amount prescribed by regulation;
(2) has submitted a report establishing that he has conducted mining operations for at least 2 years during the lease’s period of validity, where it has been granted for the mining of tailings, or in the last 10 years in other cases;
(2.1) has provided the Minister, for the mining of mineral substances determined by regulation and according to the standards prescribed in the regulation, with a scoping and market study that concerns, among other things, the integration of the mining operations in a circular economy and the processing in Québec of the mineral substances extracted;
(3) has paid the annual rental prescribed by regulation;
(4) has complied with this Act, the Mining Tax Act (chapter I-0.4) and the regulations throughout the previous term of the lease; (5) has complied with any other renewal requirement prescribed by regulation.
Notwithstanding the foregoing, after the third renewal of the lease, the Minister may grant five-year extensions.
1987, c. 64, s. 104; 1998, c. 24, s. 51; 2013, c. 32, s. 54; 2024, c. 362024, c. 36, s. 5111.