A total of 27 mining projects representing C$90 billion ($65 billion) in economic activity have the potential to deliver major benefits for the province of British Columbia and Canada at a time of global instability, a slowing provincial economy and mounting fiscal challenges, according to report released Thursday by the Mining Association of BC (MABC).
MABC’s 2025 Economic Impact Study assesses the potential economic impact of 18 proposed critical mineral mines, six precious metal mines and three steelmaking coal mines.
The independent study examines 27 mining projects in advanced stages of development. Of the 27 projects assessed, 21 are new mining projects and six are extensions to existing mines.
BC mineral producers have among the lowest carbon footprints globally and are world leading suppliers of responsibly-produced materials, according to the report, essential for technologies like EV batteries, smartphones, MRI scanners, wind turbines and jet engines.
The study concludes the near-term economic impact of project construction represents over C$41 billion in near-term investment, thousands of jobs that will generate C$27 billion in labour income, and more than C$12 billion in tax revenues.
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