Canada to fast-track major mining projects
Prime Minister Mark Carney has named several mining operations among the first five major projects to undergo fast-track approval under Canada’s new Major Projects Office (MPO).
Key among them is the Foran Mining’s McIlvenna Bay copper-zinc mine in east-central Saskatchewan, operating in one of Canada’s richest mineral belts, which will supply critical minerals for clean energy, advanced manufacturing, and modern infrastructure.
Also included is the expansion of the Red Chris copper mine in northwestern British Columbia, which will increase annual copper production by over 15% and extend the mine’s lifespan by more than a decade, while reducing greenhouse gas (GHG) emissions by over 70% when the expanded operations are in full swing.
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Comments
Larry Steyerman
Is Graphite 1 going to be fast tracked in this new project announced by Prime Minister Mark Carney?