Aaron Bains’ Post

US must improve copper mine permitting process, Freeport CEO says: According to the CEO of copper giant Freeport-McMoRan, Richard Adkerson, "The US government needs to stop giving lip service to permitting". Permitting has become more important and more complex globally over the last couple of years, and whether you are striving to get new projects developed or maintaining good relations with your local communities, permitting is a critical part of the process. A good permitting system such as Landfolio can help your company manage permit compliance and maintain your social license to operate. MiningWeekly article 1m48s (time to read) https://lnkd.in/dC5Q8Vtr #mining #miningweekly #copper #USA #government #permitting #Landfolio

U.S. Gold Corp. (NASDAQ: USAU) (the “Company”), a gold exploration and development company, is pleased to provide the following update on the CK Gold Project engineering and updated Prefeasibility Study progress. With the approval of the Mine Operating Permit on April 29, 2024, work on the Pre Feasibility Study (PFS) update resumed in June 2024. As a result of changes related to permit commitments and ongoing engineering optimization studies to enhance project economics, the Company deems it highly beneficial to consider the results of these studies prior to completing the updated PFS. With gold, copper and silver prices approaching historic highs, far and above the original PFS of December 2021, management believes the time to optimize plant and operations is the present, as equity markets in the junior sector trail a new reality and a durable and well thought out mining operation is established. https://lnkd.in/eGkWZXpN #USGoldCorp #GoldMining #CKGoldProject #MiningIndustry #GoldExploration #MiningUpdates #GoldDevelopment #PreciousMetals #MiningNews #GoldInvesting #CopperMining #SilverMining #MiningProjects #EngineeringOptimization #MiningEconomics #JuniorMining #MinePermitting #MiningDiscovery #MineralExploration #ResourceDevelopment

U.S. Gold Corp. (NASDAQ: USAU) (the “Company”), a gold exploration and development company, is pleased to provide the following update on the CK Gold Project engineering and updated Prefeasibility Study progress. With the approval of the Mine Operating Permit on April 29, 2024, work on the Pre Feasibility Study (PFS) update resumed in June 2024. As a result of changes related to permit commitments and ongoing engineering optimization studies to enhance project economics, the Company deems it highly beneficial to consider the results of these studies prior to completing the updated PFS. With gold, copper and silver prices approaching historic highs, far and above the original PFS of December 2021, management believes the time to optimize plant and operations is the present, as equity markets in the junior sector trail a new reality and a durable and well thought out mining operation is established. https://lnkd.in/eGkWZXpN #USGoldCorp #GoldMining #CKGoldProject #MiningIndustry #GoldExploration #MiningUpdates #GoldDevelopment #PreciousMetals #MiningNews #GoldInvesting #CopperMining #SilverMining #MiningProjects #EngineeringOptimization #MiningEconomics #JuniorMining #MinePermitting #MiningDiscovery #MineralExploration #ResourceDevelopment

Approval processes and timelines are a regular area of concern for AMEC members. Recently, CEO Warren Pearce discussed this with Oliver Gray from Mining.com.au - saying, “Government departments that are tasked with approvals are often working as fast as they can, but in many cases they are under-resourced while dealing with a significant number of applications.” “Unnecessary duplication also exists between departments, and between the state and federal jurisdictions.” Also part of the article are some interesting numbers from a report published in August by the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS), in relation to mining environmental approval (MEA) applications. To read more visit 👉 https://ow.ly/makH50TFhQk #ApprovalProcesses #Timelines #MiningIndustry

🚨 Silvercorp Metals Deal for Adventus Mining Stalled by Environmental Lawsuit 🚨 Silvercorp Metals Inc. has provided a crucial update regarding its proposed acquisition of Adventus Mining Corporation. As announced on April 26, 2024, Silvercorp entered into an arrangement agreement to acquire all issued and outstanding common shares of Adventus via a plan of arrangement. However, a Material Adverse Effect has arisen, stemming from litigation reported by Adventus on June 17, 2024, which seeks to void the environmental license of the Curipamba-El Domo project. 📌 The Challenge Adventus is facing a lawsuit that challenges the environmental license for their Curipamba-El Domo project in Ecuador. Silvercorp considers this a "Material Adverse Effect" as defined in their agreement, potentially jeopardizing the entire acquisition. 📌 Silvercorp's Response Silvercorp has been diligently analyzing the lawsuit and its implications. They remain open to working with Adventus to find a solution that allows the deal to proceed if the closing conditions can be met. 📌 Key Dates The original deadline for finalizing the acquisition is July 31st, 2024. Silvercorp has expressed its willingness to discuss extending this deadline. Stay tuned for more updates on this acquisition. #Silvercorp #AdventusMining #AcquisitionUpdate #MiningNews #Investment #CSR #ESG #CuripambaElDomo #ResponsibleMining #StrategicGrowth #MiningIndustry #SilverMining #GoldMining #LeadMining #ZincMining #SustainableMining #CorporateStrategy #ShareholderValue #FreeCashFlow #MergersAndAcquisitions #OrganicGrowth

Next up in our #LetsDigIn series on First Mode’s wrap-around services: Permitting!   Permitting is a critical step to enable mining operations that’s built on collaborations with regulatory authorities as well as interested and affected stakeholders.   As the mining sector evolves and expands to extract minerals and metals key to the clean energy transition, First Mode’s capabilities in permitting have a unique role to play. Not only have our engineers designed our trio of retrofit solutions with permitting regulations in mind, but our in-house permitting experts are actively engaged in the #PathToZero landscape across all major regions globally. They are ready to support your permitting needs as you work to introduce and integrate our low- and zero-emissions retrofit haulage solutions within your mine.   Learn more about Permitting and our full suite of wrap-around services: https://lnkd.in/gpFHKgZw     #FirstModeLetsDigIn #MiningPermitting

U.S. Gold Corp. (NASDAQ: USAU) (the “Company”), a gold exploration and development company, is pleased to provide the following update on the CK Gold Project engineering and updated Prefeasibility Study progress. With the approval of the Mine Operating Permit on April 29, 2024, work on the Pre Feasibility Study (PFS) update resumed in June 2024. As a result of changes related to permit commitments and ongoing engineering optimization studies to enhance project economics, the Company deems it highly beneficial to consider the results of these studies prior to completing the updated PFS. With gold, copper and silver prices approaching historic highs, far and above the original PFS of December 2021, management believes the time to optimize plant and operations is the present, as equity markets in the junior sector trail a new reality and a durable and well thought out mining operation is established. https://lnkd.in/e5RfZP3H #USGoldCorp #GoldMining #CKGoldProject #MiningIndustry #GoldExploration #MiningUpdates #GoldDevelopment #PreciousMetals #MiningNews #GoldInvesting #CopperMining #SilverMining #MiningProjects #EngineeringOptimization #MiningEconomics #JuniorMining #MinePermitting #MiningDiscovery #MineralExploration #ResourceDevelopment

Montero’s #miningexpropriation case (Wigu Hill licence, 2018) is more than a cautionary tale—it’s an opportunity for #Tanzania to rebuild investor trust. By resolving this issue, the country can pave the way for new investments and unlock the potential of its rich mineral resources. #tmic2024  #Tanzaniamining #investmentsecurity #criticalminerals #tanzaniaminerals https://lnkd.in/eNnzZD5E

H&P re-initiate coverage of Skeena Resources Limited (“Skeena”), a TSX/NYSE-listed gold explorer and developer with assets in the “Golden Triangle” region of Northwest British Columbia. The company’s main focus is on developing the past-producing Eskay Creek project, once the highest-grade gold mine in the world. Skeena recently published a definitive feasibility study (“DFS”) for the project that evaluated a 324koz pa gold-equivalent (“AuEq”) mine at an All-in Sustaining Cost (“AISC”) of US$684/oz based on a 12-year mine life and a reserve of 4.6Moz. The DFS estimated an initial capex budget of C$713m, delivering an NPV5% of C$2,003m at an US$1,800 gold price and US$23/oz silver price. This should be augmented by ore from the nearby Snip deposit (study due H1 2024). Key upcoming catalysts should be the permitting and financing process over the next fifteen months with earthworks having commenced in 2023 and commercial production in 2026.   Access our full report here: https://lnkd.in/ekC9D-dJ Jonathan Guy Roger Bell #gold #investment #mining

AMEC applauds the Queensland Government's continued investment in the critical minerals industry with the launch of the "Queensland Critical Minerals Prospectus." It showcases projects ready for investment at different mining stages, and comes as part of Queensland's $315 million Critical Minerals Strategy. Recognising the potential of the area, Resources and Critical Minerals Minister Scott Stewart said “Queensland is in the box seat to capitalise on the global push to decarbonise because quite simply, we’ve won the geological lottery.” Featured in the prospectus are 10 AMEC member companies: True North Copper | Harmony Gold Mining Company Limited | Multicom Resources | Richmond Vanadium Technology | Critical Minerals Group Ltd | Metallica Minerals Limited | Diatreme Resources Limited | Graphinex | EQ Resources Limited | RZ Resources Read the full Prospectus ➡️ https://ow.ly/SpgM50SIQ0V Part of the launch also included a newly created interactive map outlining the critical minerals deposits, current producers, processing facilities and other infrastructure mentioned in the prospectus. To see the map ➡️ https://ow.ly/f01M50SINgf The map is dynamic and if you wish to add to it contact the department and they will enact changes accordingly. 📸 Kate Dickson & Scott Stewart MP #CriticalMinerals #DepartmentOfResources #MineralsMap #MineralDeposits #Infrastructure #QLD