Federal gov’t approves Joslyn mine project
Posted Dec 8, 2011 11:51 am.
This article is more than 5 years old.
The federal government has given the green light to a major project in Alberta’s oilsands.
Natural Resources Minister Joe Oliver says the Joslyn North mine project proposed by Total E&P has now been approved.
Oliver says the mine could mean as much as $9 billion in new capital investment.
The Joslyn project was first proposed six years ago and has gone through regulatory hurdles and faced opposition from environmental groups.
Oliver says the long lag shows the need for a more efficient regulatory system.
The minister says the oilsands are expected to provide thousands of jobs over the next 25 years .