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Friday
Dec192014

Canada approves world's largest copper-gold project

Canada's minister of the environment on Friday gave the green light to Seabridge Gold's KSM project in British Columbia, the world's largest undeveloped gold-copper project by reserves.

The joint harmonized federal and provincial environmental assessment process took nearly seven-years and KSM is only the second metal mine in five years to receive approval by Canada and BC.

Since 2006, Seabridge has spent more than $176 million in exploration, engineering and environmental work to bring the project this far.

130,000 tonnes per day over a mine life of 52 years

Seabridge Gold plans combined open-pit and underground gold copper silver and molydenum mine in the Kerr, Sulphurets, and Mitchell Creek watersheds located approximately 65 kilometres northwest of Stewart, BC and roughly 35 km northeast of the Alaska border.


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