VANCOUVER, BC – Michael Goehring, President & CEO of the Mining Association of British Columbia (MABC) made the following statement on the Section 7 Agreement between the Simpcw First Nation and the Government of British Columbia for Trekor Metals’ Yellowhead Copper Project:
“The agreement between the Simpcw First Nation and the Province is an important milestone in advancing the Yellowhead Copper Project through the environmental assessment process and on towards a Final Investment Decision.
“As a $2 billion investment in BC, the Yellowhead copper mine will be a major employer in the Thompson-Nicola region, supporting 525 direct, family-supporting jobs and 2,445 indirect jobs across the province with an estimated payroll of $218 million per year that will make a big difference in Clearwater, Barrière, and Vavenby.
“The mine will support $1.24 billion in economic activity per year within the Thompson-Nicola region, while increasing Canada’s total annual copper production by 16 percent.
“Trekor’s Yellowhead Copper Project has the potential to be one of the most significant copper mines in Canada while supporting thousands of BC jobs and contributing billions of dollars to national GDP. With approximately 70% of this economic activity estimated to occur in BC’s Thompson-Nicola region, the Yellowhead Copper Project demonstrates how the responsible development of BC’s critical minerals can make BC and Canada’s economic future stronger.”
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About the Mining Association of British Columbia
The Mining Association of British Columbia (MABC) is the voice of British Columbia’s steelmaking coal, metal and mineral producers, smelters, and advanced development companies. Our industry benefits all British Columbians and supports more than 56,000 jobs, $27 billion in economic activity, and nearly 4,000 small, medium, and Indigenous affiliated businesses in every corner of our province.
Our members’ products have among the lowest carbon footprints globally and are helping Canada and our allies meet our decarbonization, technology, and national security objectives; safely and responsibly.
For media inquiries
Jayne Czarnocki
Mining Association of British Columbia
Cell: 778-957-2597
Email: [email protected]
