Mining Exploration Seeing An Uptick
During Premier John Horgan’s address to the Natural Resource Forum, he spoke of a recent report he received, specific to mining in BC.
“Someone handed me a piece of paper that read: The World Risk Report has British Columbia ranked #1 in the world for mining investment.”
And those in the industry tend to agree.
“From our exploration perspective, we’re seeing junior [exploration companies] come in again because they’re able to attract investment,” explains Glen Wonders, the VP of Technical and Government Affairs. “That, simply, was much more difficult for them for the last few years. So we starting to see an uptick in exploration.”
And without exploration, there would be no final investment decisions on mines. For Premier Horgan, that’s a vindication.
“I think that’s a stark contrast to the notion that a change in government, that will potentially bring in new regulations or new regimes to operate, will somehow destabilize what is a profoundly positive market.”
