Executive Summary
The prosperity of the OBAC region has long been reliant on its timber resources. However, the mountain
pine beetle epidemic is expected to diminish opportunities in the forestry sector for several
decades. Mineral exploration and mining have also been important to the region's economy, and
the industry has considerable potential to play a more important role.
At present, molybdenum mining plays a major role in the region. Other mining resources in the area
include copper, gold, and silver. Exploration expenditures in the OBAC region have grown from $15
million in 2004 (11% of the BC total) to $100 million in 2007 (24% of the BC total). The time is right
to put in place measures that will allow the industry to expand and realize its full potential.
Additional mine developments in the region, and the important economic benefits they provide, can
result from the implementation of this strategy. In 2007, average metal mines in BC had an annual
production value of $272 million and had approximately 290 employees. The average annual salary
and benefits for BC mine employees is approximately $100,000 per annum. The 20 mine projects
in the BC Environmental Assessment review process in 2007 were collectively projected to provide
12,000 direct construction and operating jobs or, on average, 600 jobs per mine. It is clear that even
one new mine development can make a major contribution to the region's economy.
OBAC, working with various levels of government, education, and the private sector, invited a
representative working group to develop a vision of how the region could look in ten years in terms
of minerals and mining development. This vision focuses on economic diversification and development
of the region where residents can live, work, and train, inclusive of an active mining industry.
The vision also sees a region that is an environmental leader through best practices for mineral
exploration and mining activities, has the infrastructure needed to further develop the sector, and
offers multiple mining education and training opportunities to educate and encourage an active
and involved labour force.
The future should also feature improved communications and strengthened relationships between
the regions, the province, the federal government, and First Nations. Improved communications
will ensure fair and effective management of the resources. It will also ensure and that the region's
citizens are directly involved in relevant decision-making for their communities.
Through the implementation of the recommendations and actions, the objectives presented below
can be achieved. This will ensure that the region is recognized as having a vibrant minerals and
mining sector which is environmentally sustainable and uses ecologically sound practices which
protect the land and resources of th OBAC region.
Objective 1. |
Develop strong partnerships between First Nations, local communities, and
governments. |
Objective 2. |
Develop regional infrastructure that supports mining. |
Objective 3. |
Respect cultural and environmental values. |
Objective 4. |
Develop a new and improved permitting and approvals process. |
Objective 5. |
Grow our ability to train and retain the required workforce. |
Objective 6. |
Increase public awareness and understanding of mineral exploration and
mining. |
Objective 7. |
Achieve global recognition as an industry leader in safe and sustainable mining. |
Objective 8. |
Identify further commercially viable mineral resources. |
The recommendations and actions have been developed based on these objectives. There are seven
specific recommendations that OBAC believes will promote and welcome sustainable growth in mineral
exploration and mining to the OBAC region. Under these recommendations, 24 specific actions
are presented to serve as guide posts for future action planning and implementation of the strategy.
OBAC is confident that if these recommendations and the associated actions are implemented, the
objectives listed above and the vision presented in Section 1 will be achieved. |