coal for the future october 11, 2012 ministry of energy, mines and natural gas 1
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COAL FOR THE FUTUREOCTOBER 11, 2012
Ministry of Energy, Mines and Natural Gas1
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B.C. Mining Production: $8.6 Billion in 2011
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Coal67%
Copper18%
Coal: $5.69 billion 10 operating coal mines
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4 operating coal mines in the northeast Directly employ over 1,400 people Produced 5.6 million tonnes in 2011 Clean metallurgical and PCI coal
Operating Mines in Northeast B.C.
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11 major coal mine development proposals Gething, Carbon Creek, Quintette, Roman and Horizon are all in various stages of the approval process
Major Mine Development Projects in Northeast B.C.
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2011 Northeast Coal Exploration
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$ M
ILLI
ON
$44.3 M spent on exploration programs 66,000 m drilled
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BC Jobs Plan Targets
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8 new mines and 9 mine expansions by 2015 Already halfway there:• 5 new mines approved/under
construction• 5 mine expansions approved/under construction
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2012 Mineral Exploration and Mining Strategy
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Released in May 2012 Builds on Jobs Plan commitments Vision: Seizing global demand to benefit British Columbians 29 action items http://www.em.gov.bc.ca/Mining/ Pages/MiningStrategy2012.aspx
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Northeast Coal Strategy
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Objectives: Obtain First Nations support for coal projects in northeastern B.C. and get these projects through the permitting process efficiently. Key Elements:
• Peace Northern Caribou Strategy• Cumulative effects plan for coal block• Revenue-sharing agreements between the Province and First Nations• Defined consultation process to provide certainty and speed up licensing and permitting