OBAC Calls for Highway 37 Electrification
By 250 News
Thursday, May 15, 2008 03:59 AM
Prince George, B.C. - The push for the electrification of Highway 37 just got another boost.
The Omineca Beetle Action Coalition’s Minerals and Mining Strategy’s second of 7 recommendations calls for some action on infrastructure, specifically, the electrification of the Highway 37 Corridor:
“Power supply in the area would encourage mining development” says the strategy. OBAC sees the project as the primary responsibility of the Province the B.C. Transmission Corporation and Mining Companies.
Byng Giraud, Vice President of Policy and Communications for the B.C. Mining Association applauds the call “Everybody knows it’s a critical component to developing the north wet of the Province, it’s just a matter of process.”
The Provincial Government has been committed to the project in a cost sharing agreement with Teck-Cominco/Nova Gold as they moved forward to develop the Galore Creek mine. That project was put on the shelf because of spiralling costs for a tailings site. No Galore Creek, no money from the province.
As late as last week, the Premier committed to moving ahead with the electrification project as long as private partners could be found to pick up their share of the bill. “There is no one operator as big as Galore Creek” says Giraud, “the critical mass is there but they won’t all come on stream at the same time.” He says what is needed is a speeding up of the permit process so smaller mining operations can get the financing they need to proceed. “You can’t use a promise from the Government as collateral at the bank.”
Giraud says the only way the smaller operators can move forward is if the Province goes ahead with the other parts of the electrification plan, like First Nations consultation and environmental assessment, that way investors see the Province is serious about the power project.
The OBAC Minerals and Mining strategy is the second endorsement for the highway 37 electrification to come in a week. Last Thursday, delegates to the North Central Municipal Association supported a resolution calling for the Province to move forward with the project.
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