Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation, will lead a Team B.C. mining delegation at Europe's largest mining investment conference in London next week to create good jobs for people in B.C. and promote investment in B.C’s critical minerals sector.
“British Columbia is a world-leading mining jurisdiction and has the critical minerals that the world needs to build a low-carbon economy,” said Osborne. “This trade mission gives us a chance to showcase B.C.’s environmental, social and governance (ESG) advantage, attract partners who share our goals and values, and support good, well-paying jobs for people at home. Now is our time to show the world that B.C. should be the destination of choice for investors.”
The Resourcing Tomorrow conference, held Nov. 28-30, 2023, in London, England, is dedicated to accelerating energy transition in the global mining sector. The B.C. delegation includes representation from the Ministry of Energy, Mines and Low Carbon Innovation, Nisga’a First Nation, Association for Mineral Exploration, Northisle Copper and Gold, and many other B.C.-based mining companies. The mission has come together through the planning of B.C. Regional Mining Alliance, a partnership between the Province, First Nations and the mining industry.
The mission will promote British Columbia’s strengths and significant potential for investment in critical minerals. B.C. has many of the critical minerals and metals needed to fight climate change and build a clean economy, like the components needed to build electric cars, wind turbines and solar power.
Through a series of meetings and events with global industry leaders, government officials and industry organizations, the Team B.C. delegation will showcase benefits of doing business in mining sector in British Columbia, including:
- rich mineral and metal deposits;
- a skilled and experienced workforce;
- high environmental, social and governance (ESG) standards;
- a commitment to reconciliation, with a clear path to seeking First Nations’ consent on major projects; and
- a mining sector already powering operations with clean electricity instead of fossil fuels, and having lower emissions-intensity than other jurisdictions.
B.C. companies attending the Resource Tomorrow conference:
- Nisga’a Lisims Government
- Association for Mineral Exploration
- Northisle Copper and Gold Inc.
- Canagold Resources Ltd.
- Defense Metals Corp.
- MTB Metals Corp.
- Sandstorm Gold
- Power Nickel
- Nicola Mining
- Discovery Group
- Pegmatite One Lithium
- B.C. is Canada’s largest producer of copper and only producer of molybdenum.
- There are 19 major mines operating or in construction in British Columbia and the mining industry employs 35,000 workers.
- Mining represents 28% of B.C.’s exports and 3% of B.C.’s gross domestic product (GDP).
- More than $80 million in resource revenue is projected to be shared with First Nations in B.C. as part of 2022-23 fiscal year.
- B.C. is developing a Critical Minerals Strategy that will help realize B.C.’s potential to produce additional critical minerals such as nickel, cobalt and others.
To learn about Resourcing Tomorrow conference, visit: https://resourcingtomorrow.com/
A backgrounder follows.