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Massive British Columbia mine inches forward

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by Journal Of Commerce

A $3.7 billion mining project in Schaft Creek, B.C. has nearly completed the feasibility study stage and is in the pre-application phase with the B.C. Environmental Assessment Office, as well as the Canadian Environmental office.

A $3.7 billion mining project in Schaft Creek, B.C. has nearly completed the feasibility study stage and is in the pre-application phase with the B.C. Environmental Assessment Office, as well as the Canadian Environmental office.

Copper Fox Metals Inc., the Calgary-based owner of the project, is also in negotiations with area First Nation groups.

Initial start up and construction costs are estimated to reach $2.9 billion. The mine will consist of several structures, including a processing plant, a water reclamation system, an ore stockpile and crusher, and a tailings storage facility. There will also be a 2,600 metre compacted gravel airfield landing strip, a terminal building and associated infrastructure, as well as a permanent work camp for 700 employees.

New roads and a proposed 287 kilovolt electrical power transmission line from Bob Quinn Lake are also planned.

JOC DIGITAL MEDIA

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