Skeena Targets 2027 Restart of Eskay Creek Gold-Silver Mine in British Columbia
Mining News | 2026-03-19 05:50:20
According to a 2023 feasibility study, the project carries an estimated 12-year mine life, with average annual production of 320,000 ounces of gold-equivalent.
By Paul Ploumis
SEATTLE (Scrap Monster): The Eskay Creek Mine in British Columbia is poised for a major revival, with Skeena Gold + Silver aiming to restart the historic gold and silver operation by spring 2027. The mine, located roughly 75 air miles east of Wrangell, has remained closed since 2008 and will be redeveloped as a large-scale open-pit project spanning more than 22 square miles.
The company received its final provincial and federal permits on February 3, shortly after securing an environmental assessment certificate. The development phase is expected to create approximately 1,000 construction jobs, while steady-state operations could employ more than 700 workers.
According to a 2023 feasibility study, the project carries an estimated 12-year mine life, with average annual production of 320,000 ounces of gold-equivalent. With gold prices currently exceeding $5,000 per ounce, yearly output could surpass $1.6 billion in value, strengthening the project’s economic appeal.
Skeena estimates that more than $500 million will be required to restart operations. The project also highlights a landmark consent-based agreement with the Tahltan Nation, ensuring shared governance, economic benefits, and environmental oversight throughout the mine’s lifecycle.
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Frequently Asked Questions
- When will Eskay Creek Mine restart?
Skeena Gold + Silver aims to resume operations by spring 2027.
- What is the expected production capacity?
The mine is projected to produce around 320,000 ounces of gold-equivalent annually.
- Why is the project significant?
It combines strong economic potential with a consent-based agreement involving the Tahltan Nation.
