Building and operating a mine in B.C. could become more expensive, if the B.C. government makes good on its promise to implement most, if not all, of the recommendations made by the auditor general earlier this month. Some existing mines or decommissioned mines that don’t have water treatment facilities may be required to build them, for example.
Teck Resources Ltd. (TSX:-TCK.B) recently spent $120 million to build a new water treatment plant for its Line Creek coal mine in the Elk Valley. A total of six are needed in the Elk Valley, according to auditor general Carol Bellringer’s report.
NELSON BENNETT – Business in Vancouver – May 17, 2016.
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