Monday 22nd December 2014

Resource Clips



B.C. exploration spending hits all-time high

Resource Clips - essential news on junior gold mining and junior silver miningBritish Columbia saw record expenditures of $680 million on mineral exploration last year, a 47% increase over the previous record set in 2011. B.C. Premier Christy Clark made the announcement on January 28 at the Mineral Exploration Roundup Conference 2013 in Vancouver.

Our sincere hope is that many of these projects become the mines of the future to ensure that our province continues to supply the metals, coal and minerals that our society—and developing economies around the world—need for everyday life.—AME BC chairperson
Michael McPhie

“We are pleased that advanced metal and coal exploration projects in all regions of the province have led to these impressive numbers,” said a statement from Michael McPhie, chairperson of the Association for Mineral Exploration BC. “Our sincere hope is that many of these projects become the mines of the future to ensure that our province continues to supply the metals, coal and minerals that our society—and developing economies around the world—need for everyday life.”

The numbers were compiled by the provincial Ministry of Energy, Mines and Natural Gas. According to other department figures, three new mines opened in B.C. since 2011, with three more under construction and five others permitted for major expansion. B.C.’s mining and related minerals sectors employed 29,000 people in 2011.

In addition the government announced an online application process beginning in February to reduce the time taken for notice of work permits for water, land and mineral exploration. The province has targeted an eventual 60-day turnaround time for the permits.

The premier also proclaimed January 27 to February 2 as Mineral Exploration Week in B.C.

AME BC’s Roundup 2013 continues to January 31. Read more about the event here.

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