Mineral production in B.C. worth $18 billion last year, according to premier
British Columbia had record spending on mineral exploration in 2022 and there are eight new mines or mine expansions in the queue, Premier David Eby said Monday at the opening of the Association of Mineral Exploration Roundup conference in Vancouver.
Copper is among the critical minerals identified in Canada’s new federal Critical Minerals Strategy as key to both the digital economy and the energy transition, and it's one mineral B.C. has in relative abundance. B.C. is Canada's biggest copper producer. But it can take a decade or two to take a new mine from discovery to production. Eby said a commitment he has made to speed up permitting for housing should also speed things up for resource industries like exploration and mining as well.The province is investing in new staff to work in permitting and to streamline the system.Eby also said he has asked his new energy and mines minister, Josie Osborne, to expedite a provincial critical minerals strategy.
“I want to assure you that our government is committed to finding a way forward to address this issue,” Eby said. “We will be engaging with you as an industry to make sure that the regime works for you. But we will also be doing it in partnership with First Nations in our province.”
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