The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.
In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high grade Brucejack gold mine in B.C.’s Golden Triangle, 60 km north of Stewart, British Columbia.
About 14 months later, Coeur Mining’s (NYSE: CDE) Silvertip silver-zinc-lead mine in northwestern B.C. reached the same milestone.
And not far from Brucejack, near Stewart, IDM Mining (TSXV: IDM; US-OTC: IDMMF) received its provincial environmental assessment certificate for the Red Mountain gold project, as well as a positive federal environmental assessment decision.
Continue reading at The Northern Miner.