ROYALTY PROGRAM SUPPORTS 21 NEW ROADS AND PIPELINES

VICTORIA – The Province has awarded $115.6 million in royalty credits under the Infrastructure Royalty Credit Program to 16 companies for 21 natural gas and petroleum infrastructure projects, announced Bill Bennett, Minister of Energy, Mines and Petroleum Resources.

$98 MILLION FOR AUGUST NATURAL GAS AND PETROLEUM SALE

VICTORIA – The August 2010 natural gas and petroleum sale resulted in over $98 million in bonus bids, bringing the calendar year total to over $760 million.

FIRST NATION TO SHARE BENEFITS OF MT. MILLIGAN MINE

VICTORIA – A historic mining revenue-sharing agreement between the Province of British Columbia and the McLeod Lake Indian Band was signed by the Chief and Council and the B.C. government announced Randy Hawes, Minister of State for Mining.

HISTORIC AGREEMENT SEES FIRST NATION SHARE MINE REVENUE

KAMLOOPS – A historic mining revenue sharing agreement between the Province of British Columbia and the Stk’emlupsemc of the Secwepemc Nation (SSN) was signed by the SSN Chiefs and the B.C. government announced Randy Hawes, Minister of State for Mining.

COPE RATIFIES AGREEMENT WITH BC HYDRO

VICTORIA – A two-year agreement under the Province’s 2010 mandate has been ratified between BC Hydro and members of the Canadian Office and Professional Employees (COPE), announced Finance Minister Colin Hansen.