MABC: The voice for mining companies and smelters in British Columbia
Since 1901, the Mining Association of British Columbia,(MABC) one of the oldest associations in the province, has represented the collective needs and interests of coal, metal, industrial mineral mining companies and smelters in British Columbia. In doing so, MABC has come to be regarded as the predominant voice of mining in British Columbia.
Mining is an essential part of the provincial economy and the Mining Association of BC is committed to supporting the future growth and development of this important industry. BC’s mining sector, one of the province’s largest and oldest industries, is a resilient job creator and economic engine that benefits all British Columbian’s. As a world leader in mineral development and mining, the sector made up nearly 30 percent of all B.C. exports and directly employed more than 10,000 people in 2013.
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The Mining Association of BC focuses on actively representing the BC mining industry on several key issues of public policy including aboriginal and community relations, environment, health and safety, human resources, competitiveness and the Towards Sustainable Mining (TSM) initiative.
TSM is the Canadian mining industry’s commitment to responsible mining, accountability and transparency. TSM measures a mining operation’s performance in Aboriginal and community outreach, safety and health, environmental protection and crisis management planning. It empowers the BC mining industry to operate in a socially, economically and environmentally responsible way.
Environmental protection is a priority objective for the BC mining industry in the development, operation and closure of mines. BC mining companies are committed to continuous improvement in environmental stewardship through world class practices and innovation in water quality management, GHG emission reductions, energy conservation and tailings management.
Mining is integral to the health of the BC economy, social services and future job growth. BC mines are global leaders in environmental stewardship and responsible development, using good planning and mitigation measures every day to minimize impacts.
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The mining industry continues to represent significant economic opportunities for B.C., with an estimated $30 billion in investment in 30 projects currently in varying stages of the feasibility and environmental assessment processes.
A skilled workforce is essential to meet the future demands of this growing industry and there are a number of initiatives underway to ensure B.C. is prepared, including training and support services available through the Aboriginal Mentoring & Training Association. MABC’s website also provides useful and practical information to support career development and growth, including information on the over 120 mining related occupations, featured educational institutions, and an online job board.
Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.