Mineral Rights Consultant Chosen

Mineral Rights Consultant Chosen

first_imgThe province has chosen a consultant to assist with the tenderingprocess for the mineral rights to the Donkin coal resource inCape Breton, Natural Resources Minister Richard Hurlburtannounced today, April 30. Pincock, Allen and Holt of Lakewood, Colo., was the successfulproponent in the tender, which is valued at $77,000. Fourproposals were received. They were reviewed based on technicalmerit and cost. “Donkin is a significant coal resource that the province mustensure is developed in a responsible manner by a company with thetechnical know-how and the financial capability,” said Mr.Hurlburt. The consultant will help department staff develop a call forproposals for mineral rights to the Donkin coal resource,establish evaluation criteria to assess responses and evaluateproposals. “Pincock, Allen and Holt met our criteria and have extensiveknowledge and experience in the industry,” said Mr. Hurlburt. The Cape Breton Development Corporation surrendered the mininglease for the Sydney coalfield last year after holding thismineral right since 1967. A portion of this former lease areaincludes the Donkin coal resource block, which comprises thelargest remaining offshore coal resource in Nova Scotia.last_img

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