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Mining Weekly reported that Coalspur Mines Ltd.’s (TSX:CPT,ASX:CPL) Vista coal project has been approved by the Alberta Energy Regulator. That means the company can now start finalizing detailed licenses and permits.
Mining Weekly reported that Coalspur Mines Ltd.’s (TSX:CPT,ASX:CPL) Vista coal project has been approved by the Alberta Energy Regulator. That means the company can now start finalizing detailed licenses and permits.
As quoted in the market news:
The AER approval includes various requirements or conditions relating to Vista’s coal processing plant, mine plan and end-pit lake, geotechnical investigations, fines management, surface water quality, wetlands, wildlife and noise mitigation. Coalspur stated that it was confident it could abide by the conditions.
Coalspur initially planned to start construction at Vista in September last year, but had to delay activities while awaiting development approval. Regulatory approval had initially been scheduled for the end of June, with project completion planned for mid-2015, but the AER received a number of statements of concern against the Vista project.