COAL FOR THE FUTURE OCTOBER 11, 2012 Ministry of Energy, Mines and Natural Gas 1

B.C. Mining Production: $8.6 Billion in  Coal: $5.69 billion  10 operating coal mines

 4 operating coal mines in the northeast  Directly employ over 1,400 people  Produced 5.6 million tonnes in 2011  Clean metallurgical and PCI coal Operating Mines in Northeast B.C. 3

 11 major coal mine development proposals  Gething, Carbon Creek, Quintette, Roman and Horizon are all in various stages of the approval process Major Mine Development Projects in Northeast B.C. 4

2011 Northeast Coal Exploration 5 $ MILLION  $44.3 M spent on exploration programs  66,000 m drilled

BC Jobs Plan Targets 6  8 new mines and 9 mine expansions by 2015  Already halfway there: 5 new mines approved/under construction 5 mine expansions approved/under construction

2012 Mineral Exploration and Mining Strategy 7  Released in May 2012  Builds on Jobs Plan commitments  Vision: Seizing global demand to benefit British Columbians  29 action items  Pages/MiningStrategy2012.aspx

Northeast Coal Strategy 8  Objectives: Obtain First Nations support for coal projects in northeastern B.C. and get these projects through the permitting process efficiently.  Key Elements: Peace Northern Caribou Strategy Cumulative effects plan for coal block Revenue-sharing agreements between the Province and First Nations Defined consultation process to provide certainty and speed up licensing and permitting