Golden Triangle's energy transition is a 'massive paradigm shift' - Skeena Resources
About this episode
The build out of hydroelectric power in the northwestern B.C. is fundamentally changing mining and exploration in the region, said Walter Coles Jr., CEO and president of Skeena Resources (TSX:SKE).
On Friday Coles recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae, Editor Neils Christensen and Kitco correspondent Paul Harris. Skeena is an exploration company focused on northwestern B.C., the Golden Triangle. The region has seen big developments, recently Newcrest's $2.8 billion Pretium purchase in November.
Coles said that mine costs and environmental pressures are seeing rapid changes with miners being able to hook up to hydropower grids and give up on diesel.
"Tt's a massive paradigm shift on the cost side to be able to plug into cheap, clean hydro power, as opposed to using fossil fuels," said Coles.
Get every episode summarized
Each time Kitco NEWS Roundtable publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Kitco NEWS Roundtable
Another week, another 9-figure mining deal and gold churns at $2,300 level
Kitco NEWS Roundtable
Gold investors aren't profit taking yet and blockbuster M&A deal announced
Kitco NEWS Roundtable
Gold lacks path to head higher, and Biden administration halts mine development...
Kitco NEWS Roundtable
Another excellent week for copper and gold
Kitco NEWS Roundtable