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Streamlining mining permits means cutting the process down to 10 years, not 14 – Resource Works

by ahnationtalk on February 7, 202542 Views

Eby’s pledge to streamline projects is welcome, but real change means cutting the approval timeline down to 10 years, at the very least

Premier David Eby’s announcement to streamline 18 projects worth $20 billion is a start. Faster mining approvals will create jobs, boost rural economies and help B.C. hedge against economic instability, especially with Donald Trump’s tariff threats. But shaving a few years off the current timeline won’t be enough. If B.C. wants to be a reliable global supplier of critical minerals, the government must cap mine approvals at 10 years.

Why Faster Approvals Matter

B.C. has 17 critical mineral projects, including copper, nickel and rare earth elements, all needed for clean energy technologies like batteries, solar panels and wind turbines. Mining Association of B.C. President Michael Goehring calls this a “once in a generation” opportunity that’s hanging in the balance. These projects have $36 billion in near-term investment, 302,000 person-years of employment and almost $11 billion in tax revenue. But all that economic benefit will be lost if the province continues to have an unpredictable and slow permitting process.

Read More: https://www.resourceworks.com/streamlining-mining-permits

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