July 7, 2008
British Columbia’s mining industry plans more construction activity
Vancouver
Mining projects totalling more than $1.5 billion are slated for development in north-central B.C. over the next two or three years.
The Prince George chair of the Canadian Mining Institute said the projects are expected to pay economic dividends for the region in jobs and spending.
Greg Rasmussen said that the money is astounding.
The three projects, which are all within a 175-kilometre radius of Prince George, were among the featured topics at the Canadian Mining Institute’s two-day mining conference.
Thompson Creek Metals Corp. has announced a $374-million upgrade and expansion of its Endako molybdenum mine near Fraser Lake, west of Prince George.
Taseko Mines Ltd. has announced an additional $350-million project at its Gibraltar copper mine near Williams Lake, south of Prince George. It also recently underwent upgrades totalling more than $100-million.
Terrane Metals Corp. is just weeks away from delivering its environmental assessment application for its proposed $917-million gold and copper mine northwest of Prince George.
The company hopes to begin construction in the summer of 2009.
Rasmussen said the projects will have a direct economic impact in the region.
He noted the while only a handful of people are currently working for Terrane, that will grow to hundreds during the construction of the mine.
If the mine gets off the ground, the permanent work force during its 15-year mine life is expected to be 350.
Canadian Press
| MOST POPULAR STORIES |
- Professional Engineers Ontario unveils new performance standards for demolition
- British Columbia’s construction unions and contractors ratify agreement on drug testing
- Digging deep at Tucker Hi-Rise’s X Condos project
- Deaths of SNC-Lavalin workers in Algeria highlight risks of overseas operations
- Toddglen Construction builds new Neighbourhood on Bloor Street
- 20 Most Popular Stories
| CURRENT STORIES |
- Lineup at the Bars in Toronto
- Industry welcomes $1.1 billion investment in infrastructure by Ontario
- Ontario Association of Architects produces client hiring guide
- Macivor moving on from Ontario industry secretariat
- Behind the Post in Etobicoke, Ontario
- Video Editorial: U.S. trade deficit remains stuck at $700 billion
- Integrated Team Solutions is the preferred proponent for Woodstock, Ontario hospital
- GO Transit wraps up Lakeshore expansion job
- Norwegian solar panel firm to build Quebec plant
- Columns installed in London Olympic stadium
| ALEX’S BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.
Economics Blog More 
- Industrial Construction is Resource-related (August 28, 2008)
- Construction Starts are Down about One-quarter So Far this Year (August 22, 2008)
- Canada’s Slide in Housing Starts Begins (August 21, 2008)
Lifestyle Blog More
- What’s Red, Pretty and Prickly? (August 26, 2008)
- What’s Happened to Jokes Isn’t Funny (August 25, 2008)
| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Salter Pilon Architecture Inc. wins contract to design Bradford recreation centre (Aug 22, 2008)
- Shore Tilbe Irwin & Partners begin designs for LEED Silver-compliant community centre (Aug 22, 2008)
- Salter Pilon Architecture nears completion of Georgian Manor working drawings (Aug 22, 2008)
- Town of Markham proposes new LEED-compliant Cathedral Town firehall (Aug 22, 2008)
- Townline Group plans redevelopment of former Fantasy Garden World property (Aug 18, 2008)
