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Mining in British Columbia ideally positioned

2020 is not an easy year for many people. This is partly true for mining, but in British Columbia mining companies are in a good position

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The challenges of the Covid-19 pandemic should be well managed here. According to the BC Mine Report, the results for the mining industry are mixed. British Columbia is a major exporter of metallurgical coal and a major copper producer. Coal and copper prices have been hit hard by the virus crisis. British Columbia is also very important in gold mining. Gold, as a refuge for investors, has seen its price rise.

Those who have their gold projects here are on the best of ground. In the years following the global financial crisis of 2008/2009, the industry was prudent here in terms of spending and expansion plans. There are also high environmental standards, close relationships with the communities and a strong commitment to health and safety. All of this benefits societies in a crisis such as the current one.

British Columbia was also initially still active during the pandemic wave, compared to many other mining areas in Canada and around the world. And long before the buzzword ESG emerged, this was already a reality in British Columbia. ESG stands for three sustainability-related areas of corporate responsibility (environment, occupational health and safety, and sustainable business management).

A gold company in British Columbia is Skeena Resources: https://www.commodity-tv.com/play/newsflash-with-bluestone-resources-skeena-resources-and-cardinal-resources/. Two formerly producing gold and silver mines, Snip and Eskay Creek are being developed here by Skeena Resources.

GoldMining also has in its large portfolio of projects a prospective gold project in British Columbia, the Homestake Ridge Project, a 7,500-hectare property: https://www.commodity-tv.com/play/newsflash-with-vizsla-resources-oceana-gold-goldmining-endeavour-silver/. A preliminary economic evaluation and a current resource estimate is available for this property.

Latest company information and press releases from Skeena Resources (https://www.resource-capital.ch/en/companies/skeena-resources-ltd/) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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