Energy and Mines Minister Bill Bennett (right) visits ironworkers at Red Chris Mine in northwestern B.C. The northwest transmission line is to be completed this year

B.C. still attractive to miners, minister says

Prosperity mine rejection not being held against province, but land claim uncertainty still a shadow over investment for B.C.

Industry representatives from around the world are disappointed in the latest rejected mine in B.C., but they’re not taking it out on the provincial government, Energy and Mines Minister Bill Bennett says.

Bennett started his week in Toronto at the Prospectors and Development Association convention, pitching B.C.’s efforts to make B.C. more attractive to mining investment. He said delegates were disappointed to hear that Taseko Mines’ proposal to develop a copper-gold deposit near Williams Lake.

“People don’t associate that decision with the B.C. government, they associate it with the federal government, and I think people here are more optimistic than I expected,” Bennett said in a phone interview from Toronto.

With 30,000 delegates, the convention is the largest industry gathering in the world. Bennett promoted the construction of the Northwest Transmission Line, bringing electricity to the remote region north of Terrace. To be completed this summer, the line will enable operation of the Red Chris copper-gold mine near Iskut.

Of the 20 major mine proposals currently in the B.C. environmental assessment process, five are in the northwest.

Bennett said one of the main difficulties for junior mining companies is attracting financing for projects that take many years to develop and produce returns.

The annual Fraser Institute global survey of mining companies was released at the convention. Alberta was viewed as the most attractive jurisdiction in Canada for mining, and third in the world, based on taxation, legal system and certainty around land claims.

B.C.’s ranking in the survey went from 31st to 32nd in the world, a measure of its aboriginal relations climate.

Gavin Dirom, president of the Association for Mineral Exploration B.C., said the province has improved in the ranking over the past five years, along with Alberta and Nunavut.

 

Just Posted

VIDEO: How Lloyd Rossnagel came to be know as ‘the strawberry guy’

A Langley senior creates a roadside garden. Feel free to sample.

Langley Lodge spirits lifted with mini-horse power

Gunner turned a visit with grandpa a major event for everyone at the residence

Langley students help out at clinic during National Blood Donors Week

Credo Christian students helped celebrated National Blood Donors Week by helping at a blood clinic

Langley’s oldest and last strip bar shuts its doors

The Alder Inn, in operation since 1957, has reportedly been purchased

VIDEO: Show of support after pride flag was taken down by Township of Langley

Township statement said flag was removed due to ‘confusion’ about whether it was on private property

Raptors announcer credited with calming massive crowd after shooting

Matt Devlin, the Raptors’ play-by-play announcer since 2008, was praised for preventing panic from spreading

Vancouver Canucks playing pre-season game in Abbotsford

Canucks hosting Ottawa Senators on Monday, Sept. 23

Mini pinscher at Maple Ridge SPCA needs spinal surgery

Bane has a painful condition known as Wobbler Syndrome

Sexting teens at risk of harms including depression, substance use: study

Use of alcohol, cigarettes and marijuana were also found to be associated with sexting

Deadline for cabinet to decide future of Trans Mountain expansion is today

International Trade Minister Jim Carr described the decision as ‘very significant’

Mom describes finding son ‘gone’ on first day of B.C. inquest into overdose death

Resulting recommendations could change handling of youth records amidst the overdose crisis

Dash-cam video in trial of accused B.C. cop killer shows man with a gun

Footage is shown at trial of Oscar Arfmann, charged with killing Const. John Davidson of Abbotsford

Suicide confirmed in case of B.C. father who’d been missing for months

2018 disappearance sparked massive search for Ben Kilmer

Eight U.S. senators write to John Horgan over B.C. mining pollution

The dispute stems from Teck Resources’ coal mines in B.C.’s Elk Valley

Most Read