Mining potential

Mining exploration a low-risk, high-return activity for workers in B.C.

Dear editor,

The provincial government has made great strides in removing red tape and creating certainty for the mining and exploration industry. For example, the backlog in permit applications has been greatly reduced and new permits have a 60-day turnaround target. Staffing levels have also been doubled and the government has reached an 81-day average turnaround.

Progress has also been made toward introducing multi-year and multi-area permitting, and I hear an online permit tracking system is being introduced soon.

So why is this important to your average reader? Mining exploration is a low-risk, high-return activity for workers in B.C. The industry also maintains world-leading health, safety and environmental standards. And the environmental review processes are stringent, fair and science-based.

However, these no-margin small businesses are still required to go through two duplicate environmental reviews. So, more clearly needs to be done to support mining and exploration in B.C. This unneeded duplication of review processes adds years of time and millions and millions of dollars to the cost of launching a new mine in B.C.

So why care? Because, based on annual gross revenues of $10 Billion versus the cost to government to support the sector, this industry provides a remarkable return on investment  of three hundred to one. Any banker, financial adviser or even grade seven student would tell you those are numbers to pursue. So, let’s keep finding ways to support the mining and exploration sector in B.C.

Marney Hogan

Langley

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Port Hardy RCMP discuss reconciliation with First Nations

The RCMP “want to be emotionally respectful of the past while still trying to uphold the laws.”

VIDEO: Wounded Warrior Run leaves Port Hardy on eight-day trek down island

The team’s fundraising goal this year is $250,000, which is double last year’s goal.

Claims already being staked after GeoScience BC report released

In the first 15 days following the report, a total of 34 new claims were staked.

Bradshaw’s Photo Highlight: Waulkwass River

A kingfisher and some trumpeter swans came by close enough to get a few shots.

Port Hardy RCMP investigating drug offences

Both vehicle occupants may face future charges related to the suspected drugs and cash.

VIDEO: B.C.’s seventh coronavirus patient at home in Fraser Health region

Canada in ‘containment’ as COVID-19 spreads in other countries

Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation

Don Lindsay speaks at mining conference, a day after announcing suspension of oilsands project

Okanagan man swims across Columbia River to evade Trail police

RCMP Cpl. Devon Reid says the incident began the evening of Thursday, Feb. 20

‘Hilariously bad’: RCMP looking for couple with forged, paper Alberta licence plate

Mounties said the car crashed when it lost a wheel but the duo ran away as police arrived

UPDATE: Two missing scout leaders found near Sooke after swollen creek traps troop

Third leader and scouts located, prior to search for two leaders who’d gone for help

Harvey Weinstein found guilty of sex crimes in landmark #MeToo trial

The cases against the Hollywood mogul started the #MeToo movement

CRA puts focus on paper returns as tax-filing season opens

The federal tax collector expects to handle about two million paper returns this calendar year out of roughly 26 million filings

Teck withdraws application for Frontier mine, citing discourse over climate change

The Vancouver-based company said it will take a $1.13-billion writedown on the Frontier project in Alberta

Most Read