Chinese firms bet big on B.C. coal

Chinese companies have announced investments totaling $1.36 billion to develop two new coal mines in northeast B.C.

Premier Christy Clark meets with mining executives in Beijing Wednesday.



Premier Christy Clark continued her trade mission in China Wednesday with the announcement of a $1.36 billion in investments by Chinese companies to develop two new coal mines in northeast B.C.

One project is the Gething coal property 25 km south of Hudson’s Hope, which has been explored since 1971. The recent resurgence of coal mining in the Peace River region has so far been open-pit operations, with two small mines opened in 2004 and two more in 2006, but the rising price of metallurgical coal has increased interest in underground mining.

Three Chinese companies formed a partnership called the Canadian Kailuan Dehua Mines Co. Ltd. to develop the Gething mine. The partnership announced an investment of $860 million, and estimates the mine can produce two million tonnes of washed coal per year for more than 30 years.

In a conference call with reporters from Beijing Wednesday, Clark said the second project is also in the Peace region, but investors have not yet announced the exact location. Another group of Chinese companies has announced it will invest $500 million in that mine.

The Gething project applied for B.C. environmental assessment in 2006 and also faces First Nations and community consultation. The project application described alternatives for bringing the coal out from the mine site near the W.A.C. Bennett Dam, using trucks on forest service roads or barges down Williston reservoir to connect to highways and the CN rail line.

Jobs, Tourism and Innovation Minister Pat Bell first announced the Chinese investments in March. The investors estimate the Gething project will create 773 long-term direct jobs.

Clark said she spoke with Chinese company executives about the major investments office being set up by the B.C. government to speed up approvals for projects like the mines.

Just Posted

Greater Victoria teachers experienced more than 30 incidents of violence from students in one month

Shuttered behavioural programs, lack of resources creates challenges for local schools

Canadian alcohol policy gets failing grade from UVic researchers

Canadian provinces and territories collectively achieved less than half of their potential to reduce alcohol related harm

Esquimalt High robotics team heads to international competition

The Esquimalt Atom Smashers will participate in the FIRST Robotics Canada competition

Island playoffs underway at Oak Bay High

Home team vies for fifth straight Island title

Sell regulated heroin to curb B.C.’s overdose problem: report

B.C. Centre on Substance Use points to organized crime and money-laundering as contributing factors

POLL: Will you be wearing pink to take a stand against bullying

Schools and workplaces across Greater Victoria and around the province will be… Continue reading

B.C. legislature moving suspended staff controversy to outside review

Whale watching, Seattle Mariners trips billed as emergency preparedness, Speaker Darryl Plecas says

More people signing up for compulsory vaccines

Maple Ridge mom says public tired of hearing about measles

UPDATE: Man charged in stabbing of woman, off-duty cop outside B.C. elementary school

Manoj George, 49, is facing two counts of aggravated assault and two counts of assault with a weapon after the incident on Wednesday, Feb. 20.

Federal fisheries minister calls for precautionary approach to fish farming

Government still reviewing Federal Court’s decision on PRV – Wilkinson

Why do zebras have stripes? Perhaps to dazzle away flies

Researchers from University of Bristol look into why zebras have stripes

Poll: More voters believe Canada doing worse under Trudeau government

22 per cent believed the country is doing better and 27 per cent said things are the same

HBC shuttering Home Outfitters across Canada

North America’s oldest retailer is revamping its various stores to improve profitability

Most Read