B.C. shuts door on uranium projects

subscribe

British Columbia has slapped an official moratorium on uranium exploration and development in the province, reinforcing a long-standing informal ban on the nuclear fuel and dashing the hopes of companies that hoped to take advantage of soaring prices for the commodity.

The ban makes B.C. a no-go zone for uranium and confirms a moratorium put in place in 1980 by a previous government responding to anti-nuclear sentiment in the province.

That moratorium lapsed in 1987 but subsequent governments did not move to update it, as companies focused their exploration campaigns on other metals and because there was a widespread view that uranium production would be unpopular in the province.

That changed in recent years, as uranium prices more than doubled and climate change concerns put emissions-free, uranium-fed nuclear power plants in the spotlight.

Several companies, including Vancouver-based Boss Power Inc., dusted off uranium projects that had been explored decades ago with an eye to bringing them into production.

The government's decision comes as a surprise and contradicts assurances Boss had received that it would be able to take its project to public hearings, Boss spokesman Rupert Allan said.

"We did not know this was coming," Mr. Allan said, saying the decision makes the company's Blizzard deposit worthless. The company had described it as containing up to $1-billion worth of uranium.

There is no uranium mining in B.C. Uranium exploration is under way in other provinces, but the only producing mines in Canada are in Saskatchewan.

Related News

ontario covid support

Ontario pitches support for electric bills

TORONTO - Applications for the CEAP program for Ontario residential consumers has opened. Residential customers across the province can now apply for funding through their local distribution company/utility.

On June 1st, our government announced a suite of initiatives to support Ontario’s electricity consumers, including a $9 million investment to support low-income Ontarians through the COVID-19 Energy Assistance Program (CEAP). CEAP will provide a one-time payment to Ontarians who are struggling to pay down overdue electricity bills incurred during the COVID-19 outbreak.

These initiatives include:

  • $9 million for the COVID-19 Energy Assistance Program (CEAP) to support consumers struggling to pay their energy bills during…

    READ MORE
norwegian energy

Are Norwegian energy firms ‘best in class’ for environmental management?

READ MORE

elon musk

Elon Musk could help rebuild Puerto Rico with solar-powered electricity grid

READ MORE

power lines

Typical Ontario electricity bill set to increase nearly 2% as fixed pricing ends

READ MORE

gaza power plant

Gaza’s sole electricity plant shuts down after running out of fuel

READ MORE