RE:Re: Fortune is in year 23This time line depends on where one works. In the NWT once one exclude diamond mines where unlimited capital (cash and engineering, permitting etc) is available, and look to all non-diamond mine operations:
1. Fortune at Nico
2. Norzinc at Prarie Creek
3. Tyhee/GoldMining at Ormsby
4. Avalon and partners at Nechalcho
5. Osisko/Century Mining at Pine Point.
And add Gold Terra, Rover, Sixty to the mix.
None of these are in production but all were discovered 35 to 55 years ago. Some have only had it for 15 years or so, but that's because they prior owners couldn't get over the hurdles and reach production. Only Fortune is an original discoverer and still owns their asset. On average, it takes close to 40 years from discovery to.....wait, none of these are in production yet!
What might you think makes mines here so difficult to build. Nunavut isn't so hard, the Yukon isn't so hard. It can't be the cold, the remotness. Must be something else that transends commodity and operators.
Saty tuned.