https://www.miningweekly.com

Aquila’s Michigan application process administratively complete

30th November 2015

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Canadian project developer Aquila Resources’ mine permit application for its Back Forty project, in the US, was administratively complete, the company reported on Friday.

Aquila said that the Michigan Environment Quality Department had completed its initial review of the application and that it would proceed with the technical review, which was not meant to be a finding of the adequacy of the information submitted.

The company’s application requested specific permits for nonferrous metallic minerals mining, national pollutant discharge elimination system, wetlands protection and air. 

The Back Forty project’s updated preliminary economic assessment, filed in July 2014, demonstrated strong economics with a pre-tax net present value of $282-million and a pre-tax internal rate of return of 38.8% based on mining 16.1-million tonnes of mineralised material over the 16-year life of mine, of which 12.5-million tonne will be openpit and 3.6-milion tonnes will be underground.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024
Resources Watch
Resources Watch
2nd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.114 0.151s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: