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Exploring the Future

Industry Snapshot

British Columbia is one of North America’s most richly endowed mineral and coal-bearing regions, and is a major exporter of metallic minerals and metallurgical coal.

There are 18 metal and coal mines in British Columbia, more than 40 industrial mineral mines and processing plants, and many construction aggregate operations, employing about 10,000 workers.

Coal: British Columbia is Canada’s largest coal producer and exporter, mining an estimated 25 million tons in 2005 with an export value of $1.7 billion.

Metallic minerals: British Columbia’s exports of metallic mineral products, including copper, lead, zinc, molybdenum, aluminum, gold and silver totaled over $2 billion in 2005.

Industrial minerals: Production of industrial minerals and construction aggregate was estimated to be worth $363 million in 2005. Magnesite, limestone, silica, gypsum, sulphur and construction aggregate are major products.

Positioned for Growth - Competitive Advantages and Opportunities

  • World-class expertise in geosciences, mineral exploration and mine development.
  • A skilled and experienced mining workforce.
  • Proximity to key U.S. and Asian markets.
  • Excellent rail access to bulk terminal facilities located on tidewater.
  • Low-cost, reliable power.
  • Streamlined permitting, and transparent rules for mine development.
  • A competitive tax structure, including generous tax incentives for mineral exploration.

Coal: Total estimated coal resource exceeds 23 billion tones, varying in rank from lignite to anthracite. Many of these deposits have good development potential, and are well located relative to existing infrastructure. Potential also exists for coal-fired power generation.

Metallic minerals: Excellent exploration targets for base metals and precious metals are located throughout the province.

Industrial Minerals: There is excellent potential for further development of aggregate production for the U.S. west coast market, and exploitation of so-called “green” minerals, such as bentonite, zeolites and pozzolans.

 


LINKS
BC Ministry of Energy and Mines
Mining Association of British Columbia
British Columbia and Yukon Chamber of Mines

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