Tuesday, June 16, 2026

Latest

Eby Uses Consent Route for “$30B” Critical Mineral Mines, Dodges Bill 15 Storm

B.C. Premier David Eby says his government can unlock “about $30 billion” in new critical mineral mines in the province’s northwest by striking consent-based agreements with First Nations, skirting away from the pressure to scrap the contentious Infrastructure Projects Act (Bill 15).

“Here in B.C., economic development, conservation of precious water and land, and partnership with First Nations go together,” Eby said, calling the province “the economic engine of the new Canada that emerges from this moment of global instability.”

The premier cited the Tahltan, Taku River Tlingit, and Kaska nations as “ready partners,” noting that the Red Chris copper-gold mine already channels more than $100 million a year in contracts to the Tahltan Nation Development Corporation, employs 220 Tahltans, and pays royalties to the nation.

For investors, the province is promising faster permitting and a larger clean-energy grid so mines can plug into renewable power. While Eby declined to give approval timelines, he said B.C. will spend the next year mapping projects with willing First Nations.

The strategy is a pivot from Bill 15, drafted to let cabinet declare “priority projects” that jump the regulatory queue. The legislation—framed as a hedge against US protectionism—faces unified opposition from major First Nations leaders who say it was written without proper consultation and could undermine Indigenous title.

Conservationists warn that accelerating approvals could repeat past mistakes. “The northwest already has polluting sites like Tulsequah Chief leaking acid drainage for nearly 70 years,” said Nikki Skuce of the Northern Confluence Initiative, adding that any rush “must not shortcut environmental safeguards.”

B.C. currently produces 19 of Canada’s 34 listed critical minerals, positioning the province to serve surging demand for battery metals while advancing its pledge to protect 30% of land and water by 2030.


Information for this story was found via The Globe And Mail and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Antimony Resources Drills 5.45% Antimony Over 10.3 Metres At Bald Hill

PTX Metals Hits 92% Copper Recovery in Debut W2 Testwork

Related News

S&P Slashes British Columbia Rating Again, Citing Fiscal Imbalances

British Columbia’s credit rating has been slashed for the fifth time since 2021, with S&P...

Thursday, April 2, 2026, 10:15:52 PM

Court Ruling Elevates Aboriginal Title Over Private Lands In BC

The Supreme Court of British Columbia has recognized Cowichan Aboriginal title over part of Lulu...

Monday, August 11, 2025, 03:52:00 PM

British Columbia Caps Power for AI Data Centers, Bans Crypto Mining

British Columbia is imposing strict limits on electricity access for artificial intelligence companies and data...

Tuesday, October 21, 2025, 03:46:00 PM

Canada Walks Back On Targeting Chinese Investments In Canadian Mining Firms

Canada will not compel Chinese state investors in three of its major mining companies to...

Friday, March 10, 2023, 08:29:00 AM

British Columbia Gets Hammered By Ratings Downgrade, Third In Three Years

British Columbia faces its third credit rating downgrade in three years as S&P Global Ratings...

Thursday, April 11, 2024, 11:46:00 AM