Sierra Club Explains Actions Against Romarco Minerals

Gold Investing

Writing for Mineweb, Kip Keen takes a look at the Sierra Club’s eleventh-hour request for a review of the mine operating permit for Romarco Minerals Inc.’s (TSX:R) Haile project.

Writing for Mineweb, Kip Keen takes a look at the Sierra Club’s eleventh-hour request for a review of the mine operating permit for Romarco Minerals Inc.’s (TSX:R) Haile project.

Keen states:

The chair of the South Carolina chapter of the Sierra Club, Susan Corbett, explained that the sudden and very last minute filing was due to not realizing that the mining permit process was so far advanced and coming to a close so soon.

‘We were concerned about a lot of the parameters of the permit,’ Corbett said in a telephone interview. ‘And then when we realized time was running out, and that the thing we were most concerned about had not been addressed, we decided we needed to go and file.’

The Sierra Club filing called for the state to seek more bonding, citing figures in the $100 million to $500 million range, way beyond the $60 million that was agreed upon through Romarco’s negotiations in permitting the project.

It is, however, the Sierra Club’s right to now try to appeal for change.

But this should have been done years ago if the Sierra Club was serious about pushing for a different project design or terms of operations.

Click here to read the full Mineweb report.

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