KSM Copper / Gold Project
The KSM Project is a proposal to build a mine at the site of one of the largest undeveloped gold resources in the world. The project is located about 65 kms northwest of Stewart and 400 kms northwest from Smithers. The project will employ up to 1,100 people during construction and will create approximately 930 permanent jobs during mine operations.
About This Project
KSM Environmental Assessment Application Accepted for Review by the Province of BC.
Seabridge received confirmation from the Province of British Columbia regulatory authorities that its Application for an Environmental Assessment Certificate completed the screening process and it had been accepted for formal detailed review. This is the second stage of the three-stage regulatory process.
Seabridge Gold's proposed KSM gold/copper project is located 65 kilometres (km) northwest of Stewart and approximately 400 km northwest of Smithers. Updated figures show the project has proven and probable reserves totalling 38.2 million ounces of gold, 9.9 billion pounds of copper, 191 million pounds of silver, and 213 million pounds of molybdenum. Withe a projected mine life of 52 years, the KSM Project is positioned to become an economic anchor for Northwest BC and its residents for many years to come. The mine is expected to produce about 130,000 tonnes of ore per day (tpd) in the first 25 years of the mine, and 90,000 in the years following.
In construction, the project will generate direct spending of approximately $3.5 billion in the British Columbia economy for goods and services. The total GDP generated in BC by the project (direct, indirect, and induced) is approximately $3.4 billion and $6 billion for all of Canada during construction. In production, the KSM Project will generate approximately $400 million in GDP annually for BC and a total of $42 billion in GDP for Canada over the life of the project.
Building positive relationships with communities and Aboriginal partners is an important element of Seabridge Gold's commitment to earning its social license to operate in northwestern BC. Seabridge is working with one Treaty Nation (the Nisga'a) and three First Nations (Tahltan, Gitanyow, and Gitxsan) with respect to the project, in addition to several communities within the region.
Community engagement, safety and well-being of people, stewardship of natural surroundings, and respect for its neighbours are cornerstones of Seabridge Gold's community relationships.
Start up capital cost of USD $5.31B
Estimated Project Start Date
Estimated Completion Date
This project anticipates a 52 year mine life
Manager, Environmental Affairs
Seabridge Gold Corporation
Economic Development Contact
Economic Development Officer
Regional District of Kitimat-Stikine