Morrison Mine Denied
Monday, October 1, 2012 @ 2:44 PM
Morrison Mine project location , map was part of submission to Ministry of the Environment
Prince George, B.C.- The proposed Morrison Copper/Gold mine is a no go.
B.C’s Ministers of the Environment and Energy Mines and Natural Gas have refused to issue an Environmental Assessment Certificate for the project that was to be located 65 kms north of Smithers.
The proposed open pit mine would have had a mine life of 21 years, with a potential to process 11 million tonnes of ore per year.
But Ministers Terry Lake and Rich Coleman decided the risks outweighed the benefits.
The proposed Morrison Mine project was to be located directly adjacent to Morrison Lake, at the headwaters of the Skeena River which is the second-largest producer of sockeye salmon in the province.
On the advice of the Environmental Assessment Office, Ministers determined:
* There is the potential to impact a genetically unique sockeye salmon population that contributes to the Skeena River sockeye.
* The potential for long-term liability for the Province and risk to the environment were not acceptable in this case.
* There is insufficient data about the behaviour of the lake, and the potential diminished long-term water quality in Morrison Lake is not an acceptable risk.
250News has contacted Pacific Booker Minerals Inc., the project proponent, but there was no one at the Vancouver office able to speak to the decision.
Comments
Too Bad. I think the people of Granisle were looking forward to breathing some life back into that community.
With the Fraser being the largest salmon producing river that should mean no to the pipeline too!
Hopefully they can resubmit a better proposal and get the mine going.
NoWay what about all the other pipelines, roads, railways?
We don’t need these large industrial projects (mines, pipelines, etc.) to generate taxes and royalties for the province. We simply have to print more money.
What’s a commercial-quality printing press and photocopier worth? $100 grand, tops.
That thing could make the province millions, or even billions of dollars in its first six months of operation.
Lets build the mine; we can buy fish from the Chinese!
rocky, I don’t know whether you are trying to be funny, or you really don’t know anything about economics.
‘rocky, I don’t know whether you are trying to be funny, or you really don’t know anything about economics.’
It’s not that complicated. Cash is a form of money and cash can be printed.
Other forms of money include (positive) balances on corporate balance sheets and public account ledgers.
Simply adding an extra zero to either of those line items increases their worth 10-fold. Two extra zeros means they’re worth 100 times as much.
The BC government can solve all of its fiscal problems by first, printing more cash (money) and second, by adding two more zeros to the appropriate public account ledgers (more money).
Duh.
Rocky, I suggest you take some rudimentary economics training before making suggestions like that.
Rocky Bernake.
Oh…Oh, Bernanke. I get it now.
I didn’t even know there was a mine proposal out by Granisle. But I am glad to see a project such as this get turned down for Environmental reasons. Water is one of the most important resources we have in this Province. I know I take it for granted most of the time, although have been trying to change that lately.
And the gold and copper in the ground isn’t going anywhere. So I think it’s great that they reject the project at this time. If the company wants to try and improve their application and continue onward, then let them find a way to make it work for everyone and everything, not just their corporate bank accounts and shareholders.
Rocky, what’s issued as credit as ‘costs’, (to pay for some actual physical good or service), whether it’s printed as cash or created as an addition to a bank account balance, is taken back and cancelled in ‘prices’. So simply printing cash, even if the Province could do that, (which, under the Constitution of Canada legally it can’t), would only raise prices. We get an INFLATION, (same as we’ve had when a government spends to hold an Olympic games, for instance, or some other major capital project). That’s virtually certain unless this new cash (credit, really), were distributed in a manner that would ‘subsidise’ the prices of already existing goods when purchased at the point of retail by consumers. And lowered them. That’s something that is entirely possible to do, though it would be difficult to achieve Provincially.
Rocky is pulling all of your legs, guys. Take it as tongue in cheek.
“So simply printing cash, even if the Province could do that, (which, under the Constitution of Canada legally it can’t” .. actually that is not true. Anyone can print what they call “cash” provided it doesn’t try to represent the banknotes of Canada. If you print your own money and can convince people to take it in lieu of goods or services (like an IOU) it is perfectly legal. It has been done on a couple of small communities out in Ontario, not sure if it has been done out west yet.
Yes, you’re technically correct, But. The thing would be getting enough people to accept it as money. To do that, the Province itself would have to accept it in payment of taxes. Amongst other things. Alberta and the Federal government battled over the rights of a Province to issue its own money back in the late 1930’s, and most of the enabling legislation that Alberta enacted to try to do that was disallowed, or eventually ruled ultra vires in Court.
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