By Dave Branco

Small mine operator finds problem with Province’s bond policy

Feb 6, 2019 | 7:52 AM

MACKENZIE — The mining reclamation bond calculation policy has a few small mining operators upset. A small mine operator based in the community of Mackenzie has an issue with how the government calculates bonds and fears it’s the death of placer mining in BC.

Mitch Mortensen has been in the small mining most of his life. Since April 2018 the Province amended the way bonds are calculated.

Mortenson says the new way is hurting some small mine operators and in the long run the economy of BC.