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Mining Year 1999 Year in Review for British Columbia
The 1999 mining year in British Columbia was difficult with two mines closed and no new openings. Exploration spending dropped to an expected 25 million, far below 264 million in 1990, and 1998 saw a 156 million loss. The industry holds high tax revenue and port/rail importance, yet policy limits access to land and resources, risking future prosperity unless political will restores balance and access. The speaker stresses mining as a service to resource owners and warns that restricted access endangers long term wealth and employment for BC residents.
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B.C
British Columbia
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