The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

Artemis Gold Ordered to Dismantle Unauthorized Worker Camp at Blackwater Project

by admin August 28, 2024
August 28, 2024
Artemis Gold Ordered to Dismantle Unauthorized Worker Camp at Blackwater Project

Artemis Gold (TSXV:ARTG,OTC Pink:ARGTF) has reportedly been directed by BC’s Environmental Assessment Office (EAO) to dismantle an unauthorized worker camp at its Blackwater gold asset.

According to CBC, the camp, which has at least 48 accommodation units and is located 110 kilometers south of Vanderhoof, BC, is not in compliance with provincial regulations following an on-site inspection.

The inspection took place on May 14 and showed that the camp is not permitted under Artemis’ environmental certificate. Blackwater’s existing certificate allows for a main construction camp accommodating up to 1,000 workers and an operations camp for 500 workers, both of which must be located within designated site boundaries.

The camp, located at the Chu site, also contains three generators and potable water storage. It was established to support workers involved in the construction of the Blackwater project’s transmission line.

CBC notes that Artemis acknowledged the situation through a statement, explaining that the camp was set up after the company received a permit transfer from a previous holder in March of this year. The site had been abandoned by its previous occupant, and Artemis invested US$200,000 in site remediation, including the removal of old infrastructure.

The company also said the camp was intended as a temporary arrangement to support construction efforts. When the non-compliance was identified by the EAO, Artemis was ordered to cease operations at the site by August 7.

However, the EAO granted an extension to August 21, allowing wildfire contractors to use the camp temporarily due to emergency operations in the area. The camp must be fully dismantled by 6:00 p.m. PDT on August 31.

Artemis has said work is already underway to comply with the order. Workers previously housed at the camp have been relocated to the main construction camp at the Blackwater site.

The Blackwater project is one of BC’s largest mining developments. It is expected to produce gold and silver for over 17 years, with a daily milling capacity of 60,000 metric tons. Construction of the project was approximately 87 percent complete as of a July 30 update, with first gold production targeted for the fourth quarter of the year.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
5 Private Longevity Research Companies (Updated 2024)
next post
1844 Announces Addition of Mr. Andre Gauthier to the Board of Directors

Related Posts

BPH Global Ltd (ASX: BP8) – Trading Halt

October 22, 2024

Entitlement Issue Prospectus

July 24, 2024

Top 5 Canadian Mining Stocks This Week: Sanu...

December 7, 2024

Top 5 Most-popular Gold News Stories of 2024

December 31, 2024

Multiple Broad and High-Grade Drill Intersections Resource Extension...

February 11, 2024

Fortune Minerals Announces Arrival of Samples at SGS...

April 9, 2024

Is Now a Good Time to Invest in...

November 18, 2023

Coniagas Exploration Plan: Defining New Drill Targets and...

March 12, 2025

Wide High Grade Gold Intercepts at El Zorro

January 16, 2025

Osisko Metals Sells an Additional 5% Interest in Pine...

February 23, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,363)
    • Investing (3,238)
    • Politics (4,381)
    • World (4,316)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved