As price of gold climbs, B.C. sees opportunity [Video]

At Border Gold in Surrey, Robert Levy is keeping a close watch on his bars and coins.

He’s also monitoring the price of gold, which has been hitting all-time highs of US$3,100 an ounce.

“It’s exciting to see it price higher and higher each day, reflective of what’s happening in the marketplace,” Levy said.

Also excited about the precious metal’s recent surge are those in the mining industry.

“It creates a fair bit of opportunity for us here in British Columbia,” said Tim McEwan, a senior vice-president a the Mining Association of B.C.

“We have five precious metal mines that are in or about to enter regulatory process that are on the books, alongside 17 critical mineral mines.”

The B.C. Government recently promised to expedite four mining projects.