Helicopter maps mineral potential in remote areas using magnetic imaging. (Geoscience BC)

B.C. mineral exploration permits taking longer: survey

Investor confidence better in Sweden, Australia, executives say

The B.C. government has spent millions over the years to increase mineral exploration, but a survey of company executives suggests increasing worry about whether mining projects can receive the permits they need in a reasonable time.

Time and transparency of the permit process were increasing concerns of investors in B.C., Ontario and Quebec, according to an annual survey comparing Canada to other countries, released Tuesday by the Fraser Institute. The economic think tank has been surveying mining industry decision-makers since 1997.

Respondents to the 2017 survey indicated that permit approval times have lengthened in the past decade in B.C., Ontario and Quebec, compared with results from Australia and Scandinavia. The survey showed that confidence the necessary permits would be granted is also higher in the U.S.

Mining exploration across B.C.’s Interior has been a major focus for B.C. The previous government financed aerial magnetic surveys by Geoscience BC to look for signs of metal and mineral deposits across a vast area covered by glacial material from the past Ice Age.

RELATED: B.C. promotes search for new mines

Geoscience BC has conducted 135 projects to assemble new scientific data for about half of the province’s area. The largest geophysical survey ever conducted in B.C. was done in 2016, financed by a $5 million grant from the province.

“An increasingly opaque and confusing application process for companies to explore for mineral deposits deters investment and ultimately hinders Canada’s ability to realize its considerable resource potential,” said Kenneth Green, co-author of Permit Times for Mining Exploration in 2017.

B.C.’s minority NDP government has embarked on a review of industrial project approvals to target what Environment Minister George Heyman called “failures in the professional reliance model in B.C. so that British Columbians’ faith in resource development can be restored.”

A consultant’s report recommending a new “office of professional regulation and oversight” for foresters, engineers, biologists and other professions was greeted with alarm by industry leaders.

Business Council of B.C. president Greg D’Avignon called the report “a solution looking for a problem that confuses regulatory capacity in government with the role of qualified professionals who design projects and conduct environmental surveys.”


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Marijuana legalization prompts closure of Nicholson dispensary

Helping people has always been top of mind for Canyon Creek Medical… Continue reading

Fatality on Hwy 93/95 near Radium

Accident by Juniper Heights shuts down highway

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

New bus route to ‘replace’ Greyhound along Trans-Canada Highway

Rider Express Transportation says they will soon begin a bus service from Winnipeg to Vancouver

10 things still illegal in the new age of recreational cannabis

Pot is legal – but there are still a lot of rules, and breaking some could leave you in jail

B.C. NDP retreats again on empty-home tax for urban areas

Rate reduced for all Canadians, dissident mayors to get annual meeting

Jets score 3 late goals to beat Canucks 4-1

Winnipeg ends three-game Vancouver win streak

Two B.C. cannabis dispensaries raided on legalization day

Port Alberni dispensaries ticketed for “unlawful sale” of cannabis

Canada not sending anyone to Saudi business summit

Sources insist Ottawa never intended to dispatch a delegation this time around

Earthquake early-warning sensors installed off coast of B.C.

The first-of-its kind warning sensors are developed by Ocean Networks Canada

VPD ordered to co-operate with B.C. police watchdog probe

According to the IIO, a court is ordering Vancouver police to co-operate with an investigation into a fatal shooting

B.C. woman looks to reduce stigma surrounding weed-smoking moms

Shannon Chiarenza, a Vancouver mom of two, started weedmama.ca to act as a guide for newcomers to legal cannabis, specifically mothers

B.C. teen gives away tickets to Ellen Degeneres show, plans O Canada welcome

The Grade 9 student wanted to give away tickets in the spirit of inclusivity

Most Read