How Long Will The Regulatory Process Take?

"Terrane Metal's Mount Milligan gold and copper project is the furthest along the review process. The B.C. government granted the project environmental approval in March of this year following an environmental assessment that took two-and-a-half years. With a final federal decision still in the future, the combined review process is now at the three-year mark and counting".

Prince George Citizen

Flow Chart For Environmental Review Process Of The Mt. Milligan Mine



http://www.mpmo-bggp.gc.ca/project-projet/images/mtmilligan-eng.jpg

http://www.mpmo-bggp.gc.ca/project-projet/mtmilligan-eng.php

Fact Sheet On MMERs

DFO Website

New Gold suffers a major setback

Peter Koven,Financial PostPublished: Thursday, November 19, 2009

"TORONTO-- Canadian miner New Gold Inc. has suffered a major setback after anti-mining activists succeeded in forcing the company to suspend one of its most important projects.

New Gold said Thursday that it shut down its Cerro San Pedro gold mine following an order from Mexican authorities. The company is pursuing "all legal appeals" and is hopeful that it can be re-started quickly.

The closure revolves around an environmental approval that New Gold predecessor Metallica Resources Inc. received 10 years ago. Since then, a small group in Mexico has complained about the process through which the approval was granted, and they finally won a legal ruling forcing the suspension of the mine.

"They're really trying to look for avenues to slow down mining in Mexico," New Gold executive chairman Randall Oliphant said in an interview."

http://www.financialpost.com/news-sectors/story.html?id=2242712

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