An abandoned mine on the banks of the Tulsequah River, British Columbia.
I know it's easy to focus on the mistakes of the past, but we truly are in a new era in the way mining is done. With very high environmental standards and in partnership [between the territories, the federal government and the First Nations], maintains Andrew Carne.
For Dave O'Brien , CEO of Stuhini Exploration, there is a disconnect in society between people's desire for a greener world and opposition to the mining industry.
If you want a green future, you need metals. You can't drive an electric car and say mining is bad. They require six times more metals [than a conventional car].
A quote from Dave O'Brien, president and CEO of mineral exploration company Stuhini Exploration
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Tom Ullrich, president and CEO of Aston Bay Holdings, believes that the company's gains from this industry are such that they offset the risks. Everything around us comes from a mine or was made by tools that come from a mine. We would not have today's society without this industry.
Everything we do has an impact, our presence, in as a human, has an impact. Mining has an impact. So we must recognize this and mitigate these impacts.
Obtaining financing as a junior mineral exploration company, however, is a difficult task because the investment is risky, laments Dave O'Brien, CEO of Stuhini Exploration, a mineral exploration company with one of its projects located in Atlin, British Columbia, near the Yukon border.
Same story for Tom Ullrich, president and CEO of Aston Bay Holdings: We have perhaps one potential site in 100 that is moving forward, and of those, only a portion will actually become a mine. Activities do not create income until minerals are found, which is far from guaranteed, he adds.
Operating in the North can also present particular challenges in terms of infrastructure and travel costs. Aston Bay Holdings is exploring a very remote area in northern Nunavut, where a small camp is set up and everything has to be flown in, says Tom Ullrich.
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Copper samples found in Nunavut by the company Aston Bay Holdings.
It's cyclical. It's a real challenge. When things are going well, investors are happy, but when things are not going well, this is not the case. […] People need to realize that we need these products, we should focus on the long term, rather than this volatility, says Dave O'Brien.
Our day will come. I call it “The Awakening” and I don’t think it’s too far away, Dave O’Brien firmly believes.
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