Regulators in Canada have granted a two-year extension for the Kerr-Sulphurets-Mitchell mine’s environmental review which will effectively give the project
B C gives KSM developers more time to court investors for transboundary mine krbd.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krbd.org Daily Mail and Mail on Sunday newspapers.
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Canadian developers behind a proposed massive metals mine 20 miles from the border seek another permit extension from B.C. regulators. If it’s built, the Kerr-Sulphurets-Mitchell mine would be larger than the proposed Pebble Mine in Bristol Bay.
Seabridge Gold had hoped to be mining copper, gold and other metals by now. The KSM mine received approvals in 2014 on the condition that it break ground within five years.
Two years ago it received an extension giving it until 2024 to start work. Now, citing the COVID-19 pandemic, it’s asked for another two years after that.
But mine critics in Canada say it’s the mining company’s failure to attract a partner, not the virus, that’s stalled development.