The Canadian Press - ONLINE EDITION
Avanti urges decision on Kitsault mine despite Nisga'a concerns
VANCOUVER - A Vancouver-based mining company says it has spent four years and $13 million shepherding the revival of a mothballed northwestern B.C. mine through the environmental process, and there are no reasons for further delay.
Avanti Mining Inc. is responding to the decision by the Nisga'a Lisims Government to launch the dispute resolution provision within the First Nation's historic treaty, in hopes of slowing provincial approval of the Kitsault mine.
Avanti president Craig Nelsen says the company has gone to "extraordinary and unprecedented" effort to ensure the Nisga'a Treaty requirements have been met for the billion-dollar molybdenum mine, 140 kilometres north of Prince Rupert.
He says although the dispute resolution process is now in play, nothing in the treaty or provincial legislation prevents Environment Minister Terry Lake and Mines Minister Rich Coleman from making a decision within the next 30 days on an environmental assessment certificate for Kitsault.
The Nisga'a fear the mine, which is in their traditional territory, is being rushed through the approval process to beat the upcoming May 14 provincial election.
The company purchased the mine in 2008, more than 25 years after it was closed because of low molybdenum prices, but Avanti says higher prices for the element means the mine can be profitable for at least the next 16-years, creating as many as 300 local jobs.
More Business
- Back to Top
- Return to Business
More Business
(1 of 18 articles for today)
Yahoo's $1.1 billion deal for Tumblr ranks as company's 4th most expensive acquisition
7:40 AM 0Yahoo has completed more than 50 acquisitions during the past 16 years. Its $1.1 billion purchase of Tumblr ranks as ...
Poll
Most Popular Business
- 2 men arrested in killing of Las Vegas teen who refused to give up his iPad
- Chinese court sentences entrepreneur to death in latest crackdown on underground banking
- Hundreds of tons of New Zealand meat stranded at Chinese ports over certification dispute
- United Airlines resumes 787 flights after 4-month halt, with flight from Houston to Chicago
- Consumer watchdog: most sunscreens meet FDA standards, but questionable SPF ratings persist
- Ex-'Pegger seeks to grow local businesses
- Veteran newspaper editor Neil Reynolds dead at age 72
- Target opens Manitoba stores
- Bangladesh High Court bars garment factory owner from leaving country
- In survey, economists says consumers poised to boost spending, offset government cuts
- Transcona transformation
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Holiday pump jump debated
- Driving downtown development
- 2 men arrested in killing of Las Vegas teen who refused to give up his iPad
- McDonald's adding 3 new Quarter Pounders as it phases out third-pound Angus burgers
- 3 Ford owners sue in federal court, saying EcoBoost engine is defective
- Emergency manager reveals Detroit is nearly broke; city may have no choice except bankruptcy
- Lakeview pumped about Hecla resort
- Microsoft update to address Windows 8 complaints, confusion will be free; to be called 8.1
- Target opens its first Manitoba stores Tuesday
- New structure to be king of downtown?
- Transcona transformation
- Target opens Manitoba stores
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Raising the rent is a good sign
- City to get a touch of glass
- Canad Inns property has personal meaning for owner
- Holiday pump jump debated
- Border-fee idea doesn't fly
- Viterra plans $20 million capacity upgrade at four Saskatchewan grain terminals
- Transcona transformation
- Buyer beware in online auto sales: experts
- Ex-'Pegger seeks to grow local businesses
- A fix for hockey sticks
- Condos made from shipping containers pass hurdle at city hall
- Monsanto wins Supreme Court fight over its genetically engineered soybeans
- Idaho spud giant bets on biotech potatoes 12 years after similar Monsanto push failed
- Investing lessons from the golf links
- Late deal in workplace sex-harassment case
- Transcona transformation
- Diversification spurs Exchange Income's growth
- Driving downtown development
- Late deal in workplace sex-harassment case
- Ex-'Pegger seeks to grow local businesses
- CEO, execs terminated at TCIG
- Bridging the gap
- There are lots of I's in 'team'
- Viterra plans $20 million capacity upgrade at four Saskatchewan grain terminals
- City to get a touch of glass
- Transcona transformation
- New structure to be king of downtown?
- CEO, execs terminated at TCIG
- Target opens its first Manitoba stores Tuesday
- Canad Inns property has personal meaning for owner
- Winnipeg's got the REIT stuff
- Older and jobless? Resource on hand
- Winnipeg Boeing plant set to expand
- Local boy leads Great-West
- MacDon on the block?
Ads by Google











You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.