IDM Mining expects environmental permits for Red Mountain by Sept.
The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
Founder of Jefferson Financial, producer of the New Orleans Investment Conference and Gold Newsletter, believes at least a small amount of the massive liquidity produced by loose monetary policy in Western economies will find its way into mining equities .
Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.
The miner has revealed a major restructuring involving a plan to raise $2.1 billion in a rights issue and spin its international assets into a new London-listed company.