Five of the biggest mines in BC are in the Elk Valley, generate 64% of mining revenue

by Keith Powell
Picture of construction vehicle, with snowy mountain in background.

Of the top 10 mines in B.C., five of them are located in the Elk Valley. — Photo: Teck Resources

According to a report published in the newspaper, Business in Vancouver (BIV), five of the largest mines in the province are in the Elk Valley. Other than Fording River and the Orca Quarry where revenue was up, the other mines saw revenue declines. Teck's Greenhill's mine saw production and revenue drop by more than 50%. Total revenue generated by these mines was $4.75 Billion and of that, the five Elk Valley mines generated $3.048 Billion or 64%.

Here is a list of the Top 10 Largest Mines in BC ranked by 2015 revenue:

1) Fording River—Elkford

  • Owned by Teck Resources
  • Produced: 8.5 million tonnes of coal
  • Mine Revenue: $1,097,000,000        

2) Highland Valley Copper—Logan Lake

  • Owned by Teck Resources                      
  • Produced: 151,400 tonnes of copper, 3.4 tonnes pounds of molybdenum
  • Mine Revenue: $999,000,000

3) Elkview—Sparwood

  • Owned by Teck Resources
  • Produced: 7 million tonnes of coal 
  • Mine Revenue: $914,700,000

4) Line Creek—Sparwood

  • Owned by Teck Resources
  • Produced: 3.5 million tonnes of coal 
  • Mine Revenue: $457,350,000                                                 

5) Coal Mountain—Sparwood

  • Owned by Teck Resources                                               
  • Produced: 2.7 million tonnes of coal
  • Mine Revenue: $365,880,000                       

6) Mount Milligan—Prince George

  • Owned by Thompson Creek Metals
  • Produced: 74.1 million pounds copper, 218,100 ounces of gold   
  • Mine Revenue: $360,000,000

7)  Gibraltar—Williams Lake                                                       

  • Owned by Taseko Mines Ltd 
  • Produced: 142 million pounds of copper, 963,000 pounds molybdenum
  • Mine Revenue: $289,298,000

8) Copper Mountain—Princeton

  • Owned by Copper Mountain Mining Corp  
  • Produced: 77.6 pounds of copper, 29,200 ounces of gold, 276,300 ounces silver
  • Mine Revenue: $242,000,000  

9) Greenhills—Sparwood

  • Owned by Teck Resources
  • Produced: 1.6 million tonnes of coal
  • Mine Revenue: $213,400,000

10) Orca Quarry—Port McNeill                                                   

  • Owned by Polaris Materials Corp.
  • Produced: 3.02 million tonnes sand/gravel
  • Mine Revenue: $21,806,000

Source: BIV    

Related articles

Large piece of machinery with person standing in bucket.
Mining Insider, Exploration, Mines, Northwest Territories, Nunavut, Yukon $500,000 federal funding to help promote northern mining at annual conference

The Yukon Mining Alliance will use the funding to help showcase the opportunities in the North at the annual PDAC Conference in Toronto

by Julie Matchett
Geoscience representative discussing info at open house with a man.
Mining Insider, Exploration, Minerals, Mines, British Columbia Geoscience BC targets ‘hidden’ Central Interior copper-gold deposits

The Central Interior Copper-Gold Research series aims to better understand potential deposits, attract investment and encourage exploration

by Julie Matchett
Close-up picture of PDAC Award, showing two stylized white hands holding up a transparent diamond shape printed with PDAC logo.
Mining Insider, Exploration, First Nations, Minerals, Mines, Global PDAC 2020 awards honour industry leaders

The 2020 PDAC Award recipients have been announced, celebrating outstanding achievement in the Canadian and international mining industry

by Julie Matchett
View all Mining Insider articles