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B.C. delegation heads to Europe’s largest mining investment conference

DCN-JOC News Services
B.C. delegation heads to Europe’s largest mining investment conference

VICTORIA – Josie Osborne, minister of energy, mines and low carbon innovation, is leading a British Columbia mining delegation at the Resourcing Tomorrow conference in London, England, from Nov. 28 to 30.

The delegation, representing the Ministry of Energy, Mines and Low Carbon Innovation, Nisga’a First Nation, Association for Mineral Exploration, Northisle Copper and Gold, and other B.C.-based mining companies, will promote investment in B.C.’s critical minerals sector.

Organized by the B.C. Regional Mining Alliance, a partnership between the province, First Nations and the mining industry, the mission’s goal is to create job opportunities in the region and highlight B.C.’s role in the global low-carbon economy. The conference focuses on accelerating the energy transition in the mining sector.

The delegation intends to emphasize British Columbia’s mining strengths, as per a recent press release. This includes its rich mineral and metal deposits, a skilled workforce and high environmental, social and governance (ESG) standards, underscored by the industry’s commitment to using clean electricity instead of fossil fuels and achieving lower emissions intensity.

Additionally, a key focus will be the province’s commitment to reconciliation with First Nations, highlighting a clear path to seeking their consent on major projects.

As noted in the press release, the mining sector is a significant contributor to British Columbia’s economy. It is the largest producer of copper in Canada and the only producer of molybdenum. The industry currently supports 19 major mines in operation or under construction and employs approximately 35,000 workers. Mining contributes 28 per cent to B.C.’s exports and represents three per cent of the province’s gross domestic product (GDP). The fiscal year 2022-23 is projected to see over $80 million in resource revenue shared with First Nations in B.C. Additionally, the province is developing a Critical Minerals Strategy to enhance the production of vital minerals such as nickel and cobalt.

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