Archive | British Columbia Mining

New book reappraises Silvery Slocan mining rush – by Greg Nesteroff (Nelson Star – July 15, 2020)

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The book is available at: https://www.silveryslocan.ca/

A new book takes a comprehensive look at an era when the Slocan was at BC’s economic and political forefront.

At more than 600 pages, Peter Smith’s self-published Silver Rush: British Columbia’s Silvery Slocan 1891-1900 may intimidate casual readers. But within its pages lies an epic story of the men and women who flocked to the region to ride a wave of sudden prosperity.

Smith’s interest in the Slocan’s history was whetted when he came to the area from Victoria in the mid-1970s. “I thought wow, this place is incredible. Why have I never heard of it? The deeper I dug, the more important the history became.” Continue Reading →

Lawmakers in Alaska and Washington state push B.C. on mining regulations – by Brenda Owen (City News/Canadian Press – June 1, 2021)

https://toronto.citynews.ca/

VANCOUVER — Lawmakers in Alaska and Washington state are renewing calls for British Columbia to strengthen its mining regulations to protect shared waterways.

A group of 25 members of the Washington state legislature sent a letter to Premier John Horgan in March, saying a tailings dam breach at one of several mines in B.C. within 100 kilometres of the state’s border could damage transboundary rivers and fisheries.

Eight Alaskan state legislators followed with a letter to Horgan in May expressing their constituents’ “deep concerns” about the potential impacts of abandoned, active and future mines on shared waterways. Continue Reading →

B.C. regulator proposes sweeping new rules to crack down on social media-driven stock promotions – by Barbara Shecter (Financial Post – May 27, 2021)

https://financialpost.com/

The rules — the first of their kind in Canada — would apply to newsletters, financial blogs, emails, oral statements, social media posts, videos or any other communications

British Columbia’s securities watchdog is proposing sweeping new rules that would require anyone promoting stocks on social media or via video to reveal whether they own the security or derivatives of it, and to additionally disclose any compensation they are receiving for the promotion.

If the rules are adopted following a 60-day comment period, anyone promoting stocks or other securities could face potential enforcement by the regulator for failing to disclose any “facts that would interfere with the objectivity of the person doing the promotion.” Continue Reading →

Seven new mines, expansions in the queue in BC – by Nelson Bennett (Business In Vancouver – May 26, 2021)

https://biv.com/

Seven new mines could be built in B.C. in the coming years – an investment worth $4 billion that would generate 6,400 new construction and mining jobs.

But if the B.C. government wants those jobs, it needs to unclog its sclerotic permitting system, said Michael Goehring, president of the Mining Association of BC.

“Before any of these projects can proceed, and before the economic benefits can start flowing, they must be permitted by government,” Goehring said Wednesday in his annual address to the Greater Vancouver Board of Trade. Continue Reading →

A green metals company? Teck is betting on copper, and hoping investors don’t mind a side of coal – by Gabriel Friedman (Financial Post – May 13, 2021)

https://financialpost.com/

When Teck Resources Ltd. reported its first quarter earnings in late April, its chief executive Don Lindsay emphasized that his company was focused on “green metals as they’re now called.”

Specifically, the Vancouver-based diversified mining company is touting its production of copper, a metal that’s expected to see significant demand growth as solar power, wind turbines, battery electric vehicles and various other ‘green’ technology, all of which use copper, account for an increasingly larger share of global energy.

“We have one of the very best copper production growth profiles in the industry and located in attractive jurisdictions,” Lindsay told analysts on April 28. “Accelerating copper growth is the cornerstone of our strategy and by growing our copper production, we rebalanced our portfolio toward what are now called ‘Green Metals’.” Continue Reading →

Tahltan Nation opposes jade mining in northwestern B.C. – by Brenna Owen (Globe and Mail – May 10, 2021)

 

https://www.theglobeandmail.com/

Demand for jade has sparked both a reality TV series set in the remote northwestern corner of British Columbia and opposition from an Indigenous nation over its lack of consent to jade mining in its territory.

The Tahltan Nation has strong ties to the mining and mineral exploration sector, but the extraction of nephrite jade is “a very problematic industry for us,” said Chad Norman Day, president of the Tahltan Central Government.

B.C.’s consultation with the nation over jade mining permit applications has been “minimal,” Mr. Day said in an interview, and in recent years the nation has expressed opposition to new permits and the industry overall. Continue Reading →

B.C. women fined for participating in global Ponzi scheme involving fake gold mines – by Tessa Vikander (CTV News – April 20, 2021)

https://bc.ctvnews.ca/

VANCOUVER — Two Metro Vancouver residents have been fined for their role in a worldwide Ponzi and pyramid scheme that duped victims into thinking they were investing in gold mines.

Monita Hung Mui Chan, of Burnaby, and Marie-Joy Vincent, of Surrey, admitted to participating in the scheme, which raised about US$15 million from more than 1,400 investors around the world.

For their part, the pair raised more than US$330,000 from 52 investors, and distributed pamphlets and application forms to potential investors, according to an April 20 ruling from the B.C Securities Commission. Continue Reading →

Washington lawmakers, conservationists push B.C. on mining regulations – by Derrick Penner (Victoria Times Colonist/Vancouver Sun – April 10, 2021)

https://www.timescolonist.com/

A group of Washington state legislators is calling on Premier John Horgan to better protect the headwaters of cross-­border rivers from the threat of ­pollution from mining in B.C.

The 25 state senators and house representatives, led by Senator Jesse Salomon, sent a letter to Horgan last week urging the premier to “undertake needed reforms to improve British Columbia’s financial assurance system,” related to mine reclamation and cleanup.

“We’re just concerned that there could be a tailings spill,” upstream of his state on critical salmon rivers such as the Skagit, Similkameen and Columbia, said Salomon, who represents Shoreline in suburban Seattle. Continue Reading →

Mining giant’s historic penalty prompts environmentalists to call for stricter coal-mining rules – by Mike Hager (Globe and Mail – March 28, 2021)

https://www.theglobeandmail.com/

A $60-million penalty to Teck Coal underscores the urgent need for B.C. to adopt stricter coal-mining regulations in line with American states downstream of the same valley where four large projects have been proposed, according to the University of Victoria’s Environmental Law Centre and a binational coalition of environmental groups.

Last Friday, a Federal Court judge approved the largest Fisheries Act penalty ever for the subsidiary of Teck Resources after the mining giant put forward a joint submission with Environment and Climate Change Canada stating it contaminated waterways in southeastern B.C.’s Elk Valley with selenium – a natural element that washes out of piles of waste rock and moves up the food chain to cause deformities in fish and ruin their ability to reproduce.

The judge commended Teck as a good corporate citizen for spending $1-billion since the pollution was first uncovered by federal inspectors in 2012 and for co-operating to avoid a costly court case that would likely become the longest environmental lawsuit in Canadian history. Continue Reading →

B.C. mining laws raise questions as province looks to implement UN declaration – by Brenda Owen (CTV/Canadian Press – March 28, 2021)

https://vancouverisland.ctvnews.ca/

VANCOUVER — The relationships between Indigenous nations and British Columbia’s mining sector are set to change as the province works to match its laws with the United Nations Declaration on the Rights of Indigenous Peoples.

Mining Minister Bruce Ralston says B.C.’s “formal relations” with Indigenous nations and their participation in the sector are already a “strong asset” for companies and investors considering mineral operations in the province.

“Investors are looking for signs that things are being done right, things are being done fairly,” he told a news conference earlier this month. Continue Reading →

B.C. mining innovation road map launched – by Nelson Bennett (Business In Vancouver – March 15, 2021)

https://biv.com/

Problems posed by mining drives high-tech sector innovation

The B.C. government and Mining Association of BC today unveiled a new Mining Innovation Roadmap that aims to tap Vancouver’s high-tech expertise and B.C.’s abundant clean energy to make mining in B.C.cleaner, greener and more productive.

Today is officially Mining Day in B.C. The B.C. government used the occasion to invite B.C.’s mining industry representatives to meet with government and opposition leaders virtually to promote the progress they have made to date.

The mining sector has already provided a catalyst for companies like Saltworks and MineSense to develop engineering solutions to some of the problems the mining sector faces. The new road map aims to build on that synergy. Continue Reading →

Alaska-B.C. mine rivers generally healthy: state-province joint report – by Jeremy Hainsworth (Business In Vancouver – February 25, 2021)

https://biv.com/

A four-year study of Alaska-B.C. rivers associated with mining activity – spurred by U.S. and Canadian complaints about environmental threats – has concluded there aren’t risks to marine habitat.

People on both sides in the Alaska Panhandle region, including at least one U.S. senator, had complained to then U.S. President Barack Obama’s secretary of state John Kerry that discharges associated with B.C. mines such as the Red Chris, KSM and New Polaris Mine were leaching materials into ocean waters and threatening fisheries.

While the concerns date back many years, it was the 2014 collapse of the Mount Polley mine tailings dam, which sent a torrent of 25 million cubic metres of water and mine slurry into nearby creeks, that intensified calls for border mine discharges to be examined. Continue Reading →

MINING THE HEART OF THE CONTINENT – by Randal Macnair (Wildsight.ca – February 18, 2021)

Wildsight

The Rocky Mountains are one of the most iconic and biologically significant mountain ranges in the world. Stretching almost 5,000 kilometres from northern British Columbia to the arid reaches of the US Southwest, these spectacular mountains support a vast array of species and provide an essential corridor to maintain genetic diversity for grizzly bears throughout the continent.

Near the geographic centre of the Rockies is the region often referred to as the Crown of the Continent, an ecosystem that straddles international and provincial borders. So significant is this region that part of it has been declared a Unesco Biosphere Reserve.

In this heart of the Rockies a story of two divergent approaches to resource extraction is taking place. The players are the provinces of British Columbia and Alberta and this story has a twist. The people of Alberta are saying enough is enough while British Columbia is full speed ahead. Continue Reading →

Red tape hurts investment in Canada – by Walter Cobb (The Province – February 18, 2021)

https://theprovince.com/

Walter Cobb is a former BC Liberal MLA (Cariboo South, 2001-2005) and now is in his third term as mayor of Williams Lake (population 10,700).

Red tape and I don’t get along very well at all. And it’s not good for my city, my region, my province or the country as a whole.

Our region and province are very dependent on resources, whether it be agriculture or forestry or mining.

Mining is a big part of our community, starting with the Barkerville Gold Rush in B.C.’s Cariboo region around 1860. But now we have red tape throttling development. Continue Reading →

Smithers consultant wins 2021 Skookum Jim Award – by Rebecca Dyok (The Interior News – February 11, 2021)

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A Tahltan woman is being nationally recognized for her efforts in improving the environmental assessment process by combining Indigenous traditional knowledge with Western science.

Nalaine Morin has been awarded the 2021 Skookum Jim Award by the Prospectors and Developers Association of Canada (PDAC).

Named after the group’s Indigenous leader who discovered the Yukon Klondike goldfields, the award recognizes Indigenous achievement in the mineral industry. Continue Reading →