Northeast coal mine investment secures jobs for ‘long term’

Anglo American begins work on Roman Mine near Tumbler Ridge

Geologists from the province and Anglo American standing on the future site of Roman Coal Mine in 2012

Work is now starting on a major coal mine expansion near Tumbler Ridge, in B.C.’s northeast.

Anglo American Mining Group subsidiary Peace River Coal is investing $200 million to open the new Roman Mine adjacent to its existing Trend Mine.

The company promises to maintain 450 existing jobs and expects to create 100 new jobs in construction over the 16-year mine life. It was approved and permitted this month in an unusually quick turnaround time.

Anglo American aims to boost production of northeast metallurgical coal, used in steel making, from 1.5 to at least 2.5 million tonnes annually. The coking coal would be hauled by rail to Prince Rupert for export.

Provincial officials were on hand to count the project as a step toward Victoria’s Jobs Plan goal of opening several new mines and adding thousands of jobs by 2015.

But Energy and Mines Minister Bill Bennett noted the project is also about protecting what now exists.

“If Roman wasn’t going to get built, in four years we would lose 450 mining jobs in this area plus all the indirect benefits that come from this mine,” he said.

Still, Bennett called Anglo American’s decision a “great leap forward” because the firm has deeper pockets than more junior miners to ride out low commodity prices.

“This company is investing here in the northeast on the long term,” Bennett said. “They’re going to be here and operate even when the commodity coal price is not at the very top.”

Anglo American is giving up tenure to 1,852 hectares of land to protect caribou habitat in what CEO Mark Cutifani called an unprecedented conservation step.

The firm is also contributing $2.5 million to the Peace Northern Caribou Plan and signing benefit agreements that will deliver jobs to local first nations.

The announcement came less than a month after a more disappointing decision three weeks ago by Teck Resources Ltd. to delay restarting its shuttered Quintette coal project, which is also near Tumbler Ridge, as a result of depressed metallurgical coal prices.

Bennett said he’s not concerned.

“Teck has invested enormous money in Quintette and they’re not going to walk away from that,” he said. “They’re just not ready to pull the trigger on it yet.”

Just Posted

Raccoon hits vehicle head on, captured on video

One of many strange sights on Sunday for one Victoria cyclist

High-traffic Victoria ATM compromised by card skimmer

VicPD suggest ‘wiggle test’ of any bank machine

Week-long Victoria Royals training camp starts Thursday

Rookie camp team names harken to older hockey clubs in the region

Oak Bay father charged with double murder takes the stand

Andrew Berry pleaded not guilty to the December 2017 deaths of his two daughters

VIDEO: Title of 25th Bond movie is ‘No Time to Die’

The film is set to be released in April 2020

POLL: Should there be a ban on gas-powered leaf blowers?

We’ve all heard them, and most likely cursed them under our breath.… Continue reading

Greater Victoria wanted list for the week of Aug. 23

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Rosemount cooked diced chicken linked to listeria cases in B.C.

The symptoms of listeria include vomiting, nausea, fever, muscle aches

B.C. seniors allowed more choice to stay in assisted living

Province doesn’t need to wait for a complaint to investigate care, Adrian Dix says

Liberals block hearings into scathing ethics report on SNC-Lavalin affair

Dion concluded in his report last week that Trudeau broke the Conflict of Interest Act

Retired Richmond fisherman wins record-breaking $60M Lotto Max jackpot

Joseph Katalinic won the biggest Lotto Max prize ever awarded

Island manslaughter suspect found not guilty in Supreme Court

Court accepts accused’s argument of self-defence for 2017 incident in Courtenay

Most Read