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COAL DEVELOPMENT IN BRITISH COLUMBIA: Opportunities & challenges October 2013 PowerPoint Presentation
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COAL DEVELOPMENT IN BRITISH COLUMBIA: Opportunities & challenges October 2013

COAL DEVELOPMENT IN BRITISH COLUMBIA: Opportunities & challenges October 2013

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COAL DEVELOPMENT IN BRITISH COLUMBIA: Opportunities & challenges October 2013

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  1. COAL DEVELOPMENT IN BRITISH COLUMBIA: Opportunities & challenges October 2013

  2. The BC Advantage • Stable political & investment climate • Competitive taxation & supportive policies • Canada’s Pacific Gateway • World-class infrastructure, includingport and rail facilities • Abundant low-cost power • Comprehensive publicly available geoscience

  3. B.C. Mining Production:$8.3 Billion in 2012 • Coal: $5 billion • 9 operating coal mines

  4. Global Demandfor BC Coal • BC is Canada’s largest exporter of coal • Over 95% of coal produced in BC is used in the production of steel • Over 70% of BC coal is exported to Asia

  5. Northeast BC Coal Mines • 3 coal mines currently operating in NE BC: • Trend • Brule • Wolverine • Over 1,400 direct jobs

  6. Southeast BC Coal Mines • 5 operating coal mines in southeast BC • Directly employ over 3,700 people • All 5 are owned by Teck with plans to expand in coming years to sustain production levels

  7. Major Mine Development Projects in Northeast B.C. • Huge development potential in NE coal belt • Roman coal mine is now under construction • Quintette coal mine approved to re-open • 5 proposals in EA

  8. 2012 Northeast Coal Exploration • $109.3 M spent on exploration programs • 120,000 m drilled $ MILLION

  9. Building Partnerships with First Nations • The Province is in government-to-government discussions with First Nations about coal potential in the NE • These discussions include: • predictable consultation processes • areas of significance to First Nations • mineral tax revenue sharing from new mines and major expansions

  10. Province-wide Challengesin Coal Development • Water quality management • Selenium and long-term water treatment • Wildlife and wildlife habitat • Caribou and species at risk • Shortage of skilled labour • Trades • Underground coal mining

  11. Challenge: Selenium Management • Selenium is a naturally occurring element and essential to biological function, but is toxic in larger doses • Waste rock from coal mining contains selenium • Province is updating provincial Water Quality Guidelines for selenium • Elk Valley Area Based Management Plan

  12. Challenge: Caribou and Caribou Habitat • Peace Northern Caribou Plan • Goal is to increase the current population of Northern Caribou in the South Peace from 1,100 animals to 1,200 animals within 3 caribou generations • Commitment to protect 90% of high-elevation winter caribou habitat across the South Peace

  13. Challenge: Skilled Labour Shortage • 15,000 job openings expected • Province is supporting various mining-related skills development initiatives: • Employment Skills Access Program • BC Aboriginal Mine Training Association • BC HR Task Force: Exploration, Mining, Stone, Sand & Gravel

  14. Coal for the Future • The Province is making significant efforts to address the challenges associated with coal development across BC • Global demand for BC steelmaking coal expected to continue • Coal will continue to be a key part of BC’s economy in the coming years • The northeast = new hub for BC coal