Mining

The mining industry, whether surface, subsurface, or subsea, unknowingly performs research and development activities that qualify for the R&D Tax Credit. Such activities can provide a significant benefit to assist companies in further development or reinvestment.

Examples of Qualifying R&D Activities:

Creating a mine design related to the topography, local geology, structural siting of deposit, hydrology, tectonic stress regime, depot of target deposit, and potential seismic activity;

Establishing the process and extraction techniques to optimize mining production; and

Developing experiments to improve products or processes in remote controlled mining processes, geo-sensing techniques, or biomining bacteria.

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