He said the project would employ 28,000 people, with TransCanada predicting only 13,000 temporary construction jobs and the US State Department saying only 50 of them will be permanent positions.
The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.
Suncor Energy’s plan to clean up tailings in some of its oil sands operations using water capping, also known as an end-pit lake, have hit a snag as the Alberta Energy Regulator rejected the proposal saying the firm’s plan lacked evidence the strategies would work.
The deal would transfer control of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit in Northern Ireland, which Dalradian is currently developing.