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

First Tears to Hope Relay Run to Terrace for MMIWG

Over 50 participants are running the Highway of Tears from both Prince Rupert and Smithers

Antique window destroyed during latest break-in at George Little House

“I feel like I let the house down,” says manager

First dedicated rugby field in northern B.C. opens in Terrace

The Northmen Rugby Club held the ribbon-cutting celebration

Terrace’s first licensed marijuana store opens

KJ’s Best Cannabis will sell cannabis, pre-rolled joints and oils for customers

Under pressure: SD82 takes heat over principal reassignments

School district hears demands during packed board meeting in Terrace

Protesters rally in Victoria over newly approved Trans Mountain pipeline

The Still No Consent! No Trans Mountain! 20 kilometre march will end at Island View Beach

Air Canada reviewing how crew left sleeping passenger on parked plane

In a Facebook post, the woman said she woke up ‘all alone’ on a ‘cold dark’ aircraft

Crews fight wildfire along Sea-to-Sky Highway

A cause has not been determined, although a downed power line is suspected

PHOTOS: Event marks one year since soccer team rescued from Thai cave

Nine players and coach took part in marathon and bike event to help improve conditions at cave

Rock climber dies after fall at Stawamus Chief in Squamish

The man had fallen about 30 metres while climbing in the Grand Wall area

Five B.C. students taken to hospital after playing with vaping device

School district said students were taken to hospital ‘out of an abundance of caution’

Being a pot dealer is not what it used to be

Sunday Big Read: the business of selling marijuana in B.C. is a slow bureaucratic slog

VIDEO: Two more pride flags have been stolen from Langley woman

Lisa Ebenal was “angry” and “fed up” after the latest theft. Then people started showing suppport

B.C. couple who has raised 58 children turns to community amid cancer diagnosis

Family who raised, fostered and adopted many kids hoping to gain some precious together time to fight cancer

Most Read