“We assessed the social and economic effects of the exploration program and found it to be positive,” the decision says. It adds that Northback plans to spend $5 million as part of its exploratory project, “of which roughly 50 per cent will be spent locally.”
“Mount Polley Mining Corporation, Imperial’s wholly-owned subsidiary, made clear at the hearing that although it continues with previously permitted use of the tailings storage facility, it did not anticipate needing to use the four-metre raise currently under construction until July 1, 2025 at the earliest,” the statement said.
Separately, the U.S. administration is also investigating the national security implications of imported uranium and other minerals. After a similar probe during U.S. President Donald Trump’s first term in 2019, which ultimately spared uranium, Cameco took steps to protect itself, such as looking at contract terms and delivery timelines.
Article content VICTORIA — An operating permit has been granted for the Cariboo Gold Mine in central British Columbia, a project that’s expected to process 1.1 million tonnes of gold-bearing ore a year but is still opposed by a First Nation. The B.C. government says in a news release that Barkerville Gold Mines, owned by […]