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

‘Art Alleries’ coming to Revelstoke with funding from the Columbia Basin Trust

Rob Buchanan’s creations will be hung on alleyway walls and lit

Animal rights activists to protest Kelowna’s RibFest launch

Animal rights activists plan on sinking their teeth into an annual event they say is unethical and unhealthy.

No end in sight, smoke is here to stay

There is no anticipated change in weather for the Okanagan-Shuswap this week

B.C. declares state of emergency as more than 560 wildfires rage

This is only the fourth state of emergency ever issued during a fire season

LUNA Q&A: Isabelle Kirouac

Meet the artists of LUNA Noctural Art & Wonder coming to Revelstoke Sept. 29

No growth on the Monashee Complex wildfires

Mabel Creek, Sugar Mountain and Harris Creek fires continue to burn near Lumby and Cherryville

The Hillside Outlaws compete to play Denim on the Diamond

The Penticton based band are bringing their country music to Kelowna

B.C. company patents Sasquatch, the country’s first homegrown hops plant

Created by Hops Connect, Sasquatch hops are being grown commercially for the first time in B.C.

Farmers ponder impact of alternatives to pesticides being banned

The nicotine-based pesticides scientists have linked to a rising number of honey bee deaths will be phased out of use in Canada over a three year period starting in 2021.

Time to kick maverick Tory MP Maxime Bernier out of caucus, Scheer urged

Conservative MP Maxime Bernier is taking issue with Prime Minister Justin Trudeau’s oft-repeated message of diversity in Canada, calling it a form of “radical multiculturalism.”

Thousands of police officers expected at regimental funeral in Fredericton

Two civilians were killed in a shooting in Fredericton that also claimed the lives of two police officers.

2 girls, hand-drawn map in hand, sneak out of B.C. home for adventure

The pair’s escape has transit police reminding commuters to report unusual behaviour

Ex-B.C. teachers’ union leader among latest pipeline protesters to get jail time

Twelve people have been sentenced for violating court order to stay away from Kinder Morgan terminal

Shuswap city’s panhandling bylaw put on hold after public hearing

Council allows time to pursue more compassionate solutions

Most Read