Chinese firms bet big on B.C. coal

Chinese companies have announced investments totaling $1.36 billion to develop two new coal mines in northeast B.C.

Premier Christy Clark meets with mining executives in Beijing Wednesday.



Premier Christy Clark continued her trade mission in China Wednesday with the announcement of a $1.36 billion in investments by Chinese companies to develop two new coal mines in northeast B.C.

One project is the Gething coal property 25 km south of Hudson’s Hope, which has been explored since 1971. The recent resurgence of coal mining in the Peace River region has so far been open-pit operations, with two small mines opened in 2004 and two more in 2006, but the rising price of metallurgical coal has increased interest in underground mining.

Three Chinese companies formed a partnership called the Canadian Kailuan Dehua Mines Co. Ltd. to develop the Gething mine. The partnership announced an investment of $860 million, and estimates the mine can produce two million tonnes of washed coal per year for more than 30 years.

In a conference call with reporters from Beijing Wednesday, Clark said the second project is also in the Peace region, but investors have not yet announced the exact location. Another group of Chinese companies has announced it will invest $500 million in that mine.

The Gething project applied for B.C. environmental assessment in 2006 and also faces First Nations and community consultation. The project application described alternatives for bringing the coal out from the mine site near the W.A.C. Bennett Dam, using trucks on forest service roads or barges down Williston reservoir to connect to highways and the CN rail line.

Jobs, Tourism and Innovation Minister Pat Bell first announced the Chinese investments in March. The investors estimate the Gething project will create 773 long-term direct jobs.

Clark said she spoke with Chinese company executives about the major investments office being set up by the B.C. government to speed up approvals for projects like the mines.

Just Posted

Port Alberni to receive $8.7 million in affordable housing

Two projects in the Alberni Valley will provide 87 units of housing

EDITORIAL: School washrooms are no place for fear

This is about access for people who need to use the facilities…

Paula Wild, Rick James hold duo book readings in Port Alberni

Wild talks wolves while James tells tales from the rum running trade on Nov. 15

Gas prices on Vancouver Island to drop six cents

But a ‘volatile’ market could lead to increases in the coming weeks

Soccer dream comes true for young Port Alberni players

AVYSA’s development team takes to the pitch with VIU Mariners

People flocking to Vancouver Island city to see hundreds of sea lions

Each year the combination of Steller and California sea lions take over Cowichan Bay

Threat of extremism posed by proportional representation overstated: academics

As B.C. voters decide on electoral reform, the Vote No side is cautioning that the system would allow extremists to be elected

What now for Calgary, Canada and Olympic Games after 2026 rejection?

Calgary, along with the 2010 Winter Games in Vancouver and Whistler, B.C., made Canada a player in the international sport community

Sex-misconduct survey excludes vulnerable military members: Survivors’ group

But It’s Just 700 says recent research has shown young military members and those on training are among those most at risk for sexual violence

Many child killers have been placed in Indigenous healing lodges according to stats

As of mid-September, there were 11 offenders in healing lodges who had been convicted of first- or second-degree murder of a minor

Active investigation into reported sexual assault at Vancouver Island naval base

An Oct. 5 allegation is being investigated by Canadian Forces National Investigation Service

Expect no quick end to Canada-wide cannabis shortages, producers warn

Provinces including British Columbia, Alberta have all reported varying degrees of shortages

Vancouver Island home lost to fire, but family and 14 dogs are safe

Firefighters were called to a blaze Wednesday morning at house near Nanaimo Airport

Want to buy your first home? Move to Kamloops or Prince George

Kamloops, Prince George, Campbell River and Langford are the only other markets in the study without gaps between required and actual income in owning a home.

Most Read