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Chinese firms bet big on B.C. coal

Chinese companies have announced investments totaling $1.36 billion to develop two new coal mines in northeast B.C.
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Premier Christy Clark meets with mining executives in Beijing Wednesday.


Premier Christy Clark continued her trade mission in China Wednesday with the announcement of a $1.36 billion in investments by Chinese companies to develop two new coal mines in northeast B.C.

One project is the Gething coal property 25 km south of Hudson's Hope, which has been explored since 1971. The recent resurgence of coal mining in the Peace River region has so far been open-pit operations, with two small mines opened in 2004 and two more in 2006, but the rising price of metallurgical coal has increased interest in underground mining.

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