Canada & USA to fast track Critical Mineral List ApprovalsI first read some info on this subject matter about 4 years ago, and posted an article a year ago on the final Critical list of minerals, which was approved & released by the European Commission.
In Canada, it appears our federal government hasn't moved the needle too much in the last 4 years as per this article to expedite the process to fast track the approvals for critical mine development.
Our federal govnt politicians now claim they are going to reduce the mining license approval term from 25 years to 5 years, which is quite the task. Based on my life experiences in mining investments, I don't see our politicians accomplishing that task.
A few things come to mind-
Firstly, it is the Provinces in Canada which control the natural resources on their landbase, so the federal govnt needs to convince the Provinces to come onboard with their fast tracking proposals.
As well, I would expect some delays by groups such as communities, water resources, fisheries, wildlife & enviromental specialists with aboriginal groups the name a few, will all have to provide input/ feedback on the critical mine development proposal along the way. This all takes time...
Our Piskanja mine proposal has now been in play for 28 years since the first drill bit started spinning, and according to TD we should receive the mining license before the end of this year.
I have been a shareholder with Boron One & Erin Ventures approaching 27 years in Dec/23 and I'm looking forward to an instant closure, with a buyout after the Serbian Ministry approves the Elaboarate, our 3,500 page document on the Piskanja project.
IMO, as BORON is a key component on the "Critical List of Materials" as boron can produce 550 different products, with many mitigating the reduction of carbon emissions, we are definitely in the driver's seat for a prompt approval!
Enjoy the read!
https://www.mining.com/web/canada-to-speed-up-critical-minerals-permits-in-bid-to-erode-chinas-dominance/
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