https://www.engineeringnews.co.za

Aquila rises on obtaining draft mining, pollution permits

3rd September 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

VANCOUVER (miningweekly.com) – The TSX-listed stock of base metals project developer Aquila Resources jumped 27% on Friday after it announced receipt of draft mining and pollution permits for its Back Forty gold/zinc project, located in Michigan's Upper Peninsula.

The Michigan Department of Environmental Quality (MDEQ) provided public notice on its proposed decision to issue a draft nonferrous metallic mineral mining permit. It also received draft national pollutant discharge elimination system and air pollution control permits.

"The MDEQ's proposed decision to approve our mine permit application represents a significant milestone for our Back Forty project," stated president and CEO Barry Hildred.

The permits will now be the subject of a public hearing to be administered by the MDEQ before issuing the final permits. The MDEQ is holding a 64-day combined public comment period, from September 1 through November 3, and a combined public hearing, on October 6, Aquila advised.

Meanwhile, Aquila is working on its response to the MDEQ regarding comments received from the Environmental Protection Agency and the US Army Corps of Engineers during the review process of its wetlands permit application. The wetlands permit is the last of four permits required to build and operate the Back Forty mine. 

Aquila’s stock on Friday rose to a new 52-week high of C$0.31 apiece.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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







301

sq:0.168 1.138s - 140pq - 2rq
Subscribe Now