LETTER TO THE EDITOR (June 22, 1992)

We miners use little land, and we use it wisely and carefully. However, we need access to vast areas to find the rare geological occurrences we call “commercial ore deposits.” These “ore deposits” contribute immensely to our way of life in British Columbia.

As a result of the recent announcement of a park expansion program and the designation of vast areas of British Columbia as “study” areas, the uncertainty surrounding the meaning of, and value of, mineral tenure will continue. Decisions on many study areas will not be made until the year 2000 and thus, the uncertainty will continue until at least that time. In recent years, for the first time in the history of the province, we have been mining our identified mineral wealth faster than new reserves have been found because of the continued increase in taxes, other government charges and the regulatory confusion by governments. As well, uncertainty about the rights to responsible mineral development leads investors and companies to opportunities outside of the country.

By the year 2000, many of our operating metal mines will have exhausted their ore reserves and will close and replacement mines will not be coming on stream. If the taxation climate does not improve, many of our operating coal mines will also be forced out of business by that time. The mining industry could, by the year 2000, be only 25% of its current status.

British Columbia has probably the most efficient and environmentally responsible mining industry in the world and it should not be discouraged from continuing to contribute to our economy and lifestyle.

The province is not indefinitely wealthy; we must learn to share the use of our land and resources. We are heading down a dangerous path. Tom Waterland

President

Mining Association of British Columbia

Vancouver

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