The Province has approved a Mines Act permit for a gold and silver mine that will provide jobs for hundreds of workers and generate economic benefits for communities and First Nations throughout British Columbia’s central Interior.
“Congratulations to Artemis Gold, the Lhoosk’uz Dené Nation, Ulkatcho First Nation and Carrier Sekani First Nations, and communities in the area for their work together to advance this critically important project through the mine-permitting and review process to final approval and construction,” said BC Premier David Eby. “The Blackwater Gold project will put lots of people to work and create a wide range of opportunities and benefits for local businesses, communities and First Nations, while ensuring the highest standards of environmental protection, mitigation and sustainability.”
It’s anticipated the project, located 112 kilometres southwest of Vanderhoof, will create 825 direct full-time jobs per year during the construction and expansion phases of mine development, and 450 full-time jobs per year during its 22-year operating life. The mine is expected to contribute $13.2 billion to the provincial economy during its lifetime, including $2.3 billion in provincial revenue.
Connection to the BC Hydro grid will provide Blackwater Mine with a sustainable source of low-carbon hydroelectricity and the potential to produce gold and silver with one of the lowest greenhouse gas emissions in the world.
The mine site is located within the territories of Lhoosk’uz Dené Nation and Ulkatcho First Nation. The First Nations have been engaged in all aspects of the project – from exploration, to permitting, to environmental assessment. The mine’s owners and both First Nations have a project participation agreement in place.
Detailed terms of the agreements are confidential and between the parties, but generally include provisions for environmental protection and mitigation, employment and contracting opportunities, training, health and wellness support, and long-term economic benefits.
In 2020, the Province signed an economic and community development agreement with the Lhoosk’uz Dené and Ulkatcho First Nations to share mineral tax revenue from the project.
With approval of the Mines Act permit, Artemis Gold is able to move forward with major works construction activities. The first gold pour is scheduled for the second half of 2024.
Quick Facts:
- In 2019, the Blackwater Gold project received an Environmental Assessment Certificate from the Province, and a positive decision statement from the Canadian Environmental Assessment Agency.
- Current forecasts have the Blackwater Gold Project contributing more than $516 million to the province’s average annual gross domestic product and more than $47 million in average annual provincial mineral tax.
- The mining sector is a foundational part of British Columbia’s economy, with a forecast annual production value of more than $18 billion in 2022, providing more than 30,000 jobs for people in communities throughout the province.
Learn More:
The Blackwater Gold Project: https://www.artemisgoldinc.com/
Mine permitting in B.C.:
https://www2.gov.bc.ca/gov/content/industry/mineral-exploration-mining/permitting
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