The Ministry of Mining and Critical Minerals has announced that Barkerville Gold Mines, a subsidiary of Osisko Development Corp., has been granted an operating permit under the Mines Act for the Cariboo Gold Mine in Wells, located southeast of Prince George.
The underground mine is expected to employ about 634 workers during the construction phase and generate further investment, with an initial $137 million injection and an additional $918 million over the mine’s expected 16-year lifespan.
“Receipt of the construction and operating permits for the Cariboo Gold Project is a major milestone and monumental achievement for Osisko Development and its stakeholders,” said Sean Roosen, founder, chairman and CEO, in
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