Government regulation named top threat facing British Columbia mining industry — report

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There are 17 proposed critical minerals mines in development in the province — 10 metal mines, seven steelmaking coal mines and two smelters.

Proposed critical mineral mines worth C$36 billion in near-term investment, 300,000 person-years of employment and C$11 billion in tax revenues, according to an independent economic impact analysis conducted for the Mining Association of British Columbia (MABC) early this year, reporting the long-term economic impact of operating these mines over several decades could be nearly C$800 billion ($599bn).

“Now that much of the world has begun to recognize the need to reduce carbon emissions, British Columbia is primed to become one of the most reliable and lowest-carbon-emitting suppliers of critical minerals,” PWC said.

“For years, the BC mining industry has chosen to keep a low profile, even as it has quietly led on many environmental issues,” the report reads.

“Miners in the…

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