Funding announced for Borden “Mine of the Future”

The Government of Canada plans to invest $5 million to help position Goldcorp Canada‘s Borden Mine near Chapleau, ON, as a mine of the future — producing ore in a more environmentally sustainable way. With this investment, Borden Mine will replace all diesel mobile equipment with battery electric vehicles, making it Canada’s first all battery electric underground mine.

This project brings significant environmental benefits by reducing greenhouse gas emissions and will create approximately 250 jobs for local and Indigenous communities.

Funding for the project will be provided through the fast track stream of Natural Resources Canada’s Clean Growth Program (CGP) — a $155-million investment fund for clean technology research, development and demonstration projects in the energy, mining and forest sectors.

The CGP helps advance emerging clean technologies toward commercial readiness so that natural resource operations can further reduce their impacts on air, land and water while enhancing competitiveness and creating jobs.

Through Canada’s national energy dialogue, Generation Energy, Canadians made it clear that clean energy solutions are not a luxury but a necessity for Canada’s low-carbon future. Canada will continue to support clean energy projects that create jobs, support investment and industry competitiveness, advance our clean future and help realize our global climate change goals.

“Improved environmental performance in Canada’s mining sector is one of the key paths to a low-carbon economy. This project helps advance clean technologies to commercial readiness, creates good, middle-class jobs and reduces greenhouse gas emissions.”