Japan – The Key to British Columbia’s Mining Resurgence

Japan's contact with the mining industry of British Columbia began as far back as 1952 with the first shipment of iron ore from the Texada mine. Five years later, the Big Three steel mills of Japan-that is, Nihon Kokan Kaisha, together with Yawata and Fuji Steel Mills-dispatched a coal survey mission to inspect coal mines in British Columbia. This resulted in 100,000 tons of coking coal being initially imported by Japan from western Canada in 1959. Also in 1959, Yawata, Fuji, NKK, Kawasaki and Sumitomo sent an iron ore survey group to Alaska and Canada. During the preceding year, Nippon Mining Company and Sumitomo Metal Mining Company initiated a project whereby they would assist in the development of Cowichan Copper on Vancouver Island. As a net result of this activity Japanese mining groups, who had heretofore concentrated on Southeast Asia and South America, finally turned their eyes toward Canada. It was in the fall of 1960 that the government of Japan, in order to keep pace with Japan's rapid economic development, announced a long-range economic plan whereby her gross national income would be doubled by 1970. This had the effect of further propelling Japan's desire to develop sources of raw material supplies abroad. With the development of Craigmont Mines and the signing of a long-term contract to export copper concentrates to Japan, and with the Sumitomo group's extending financial assistance to develop Bethlehem Copper, Canada itself began to realize that Japan was indeed a very important market for British Columbia. A number of surveys to develop mines in British Columbia was begun with an eye on Japan as the major market, and the activity has continued to this day.