Chile’s Codelco to invest $16bn 2011-2015

The Canadian miner has reportedly engaged law firm Thomson Geer to finalize a prospectus for listing in the ASX before Christmas.

The resource is "one of the highest-grade open-pit gold resources in Canada owned by an exploration company," its CEO says.

Critical minerals are central to BC’s economic vision, with demand for lithium expected to grow sixfold by 2030 and copper demand projected to double by 2050.

Copper mining has already reduced the "karachi" population due to water extraction.