Lawmakers heard testimony from industry groups that warned Canada will steadily lose investment to the US on everything from steel production to mine development if it doesn’t keep pace with its neighbor.
World's biggest miner completed the excavation and lining of the two 1,000 metre shafts at the mine, the largest of their kind in the Canadian province.
Western Copper has been in discussions with the YESAB on how to address changes in assessment methods, environmental base practices and enhancements to the Casino project.
The company has arranged a term loan of $200 million and a revolving credit facility of $50 million for development and construction of an open pit and conventional mill.