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

Alberni university zeroes in on disability and poverty

BY MIKE YOUDS SPECIAL TO THE NEWS The road to poverty can… Continue reading

Celebrate cycling in Port Alberni during Bike to Work and School Week

Numerous ‘celebration stations’ are planned for May 28 to June 2

Ahousaht welcomes massive Surfrider Canada conference to Meares Island near Tofino

“It was the first time we’ve all come together.”

Alberni RCMP kept busy with 170 calls over May long weekend

Detachment answers calls from fatal vehicle crash to man with a gun, trailer thefts

Alberni pub owner kicks off new event for car lovers

Car enthusiast Helen Poon debuts Cars and Coffee on May 27

Vancouver Island girl scores with winning song for BC Summer Games

‘Colours’ is a perfect theme for 2018 BC Summer Games

B.C. pipeline goes ahead despite scrapped Pacific Northwest LNG

NEB approves amendment for $1.4-billion natural gas North Montney Mainline Project

Update: Wildfire northwest of Kamloops jumps from 60 to 800 hectares

Ground crews and aircraft are responding to an estimated 50 hectare wildfire approximately 55 kilometers northwest of Kamloops, near the Deadman Vidette Road.

Feds limit chinook fishery to help killer whale recovery

Chinook is main food source for only 76 southern residents killer whales left

B.C. mom who died just before daughter’s wedding wanted family to be happy: twin

Ann Wittenberg was pulled into the ocean while on a surf board in Tofino last weekend

Courtenay-Alberni MP calls for lifeguards at popular surf spot near Tofino

The Pacific Rim National Park Reserve is defending its decision to cancel the surf guard program.

Harvey Weinstein to surrender in sex misconduct probe: officials

Would be first criminal charge against Weinstein since scores of women came forward

Fuel truck crash closes B.C. highway, sends two to hospital

The Trans-Canada Highway on Vancouver Island is expected to be closed until Thursday evening

Media are not an arm of the police, Vice lawyer tells Supreme Court hearing

Ben Makuch challenges Ontario Court of Appeal ruling that he must give materials for stories to RCMP

Most Read