A section of the eastern slopes of the Canadian Rockies is seen west of Cochrane, Alta., June 17, 2021.Two coal companies planning to develop mines in Alberta’s Rocky Mountains say they hope to move forward despite new regulatory and political roadblocks.
Riversdale Resources, which had its proposed Benga Mine denied last week by regulators, says in a statement it will study the decision to ensure it was fair and not what it calls an “anti-development” decision. Montem Resources, which seeks to develop a mine just north of Benga’s, says it still wants to know if it will face a federal environmental review and is seeking guidance from regulators on how it might be affected by the Riversdale ruling.Montem calls the Canadian regulatory environment increasingly uncertain.
As well, a joint federal-provincial review panel found the environmental risks posed by the proposed Benga mine outweigh its economic benefits. Our Morning Update and Evening Update newsletters are written by Globe editors, giving you a concise summary of the day’s most important headlines.
Albertans will fight this tooth and nail. For as long as is required.
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