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Environmental
As of December 31, 2010, the Company has all
required approvals for the facilities (heap
leach pads, crushers, over burden storage, etc.)
to mine and process 50 million tons of ore. In
early 2012, the Company expects to receive
approvals to increase the capacity to process an
additional 350 million tons of ore, increasing
the total permitted capacity to approximately
400 million tons. At the expanded mining rate,
this indicates that operations can continue for
a minimum of 6 years.
Allied Nevada expects to receive permits in 2012
that will allow mining in Boneyard, Bay Area,
Camel and extensions to Brimstone. New areas for
overburden storage will be developed north of
the Bay/Boneyard areas, and on the east side of
the Crofoot pad. These newly permitted areas
will allow for the development of three to five
mining faces at the same time resulting in both
accelerated waste removal and ore extraction.
A project of the size and magnitude of the mill
expansion project will require extensive federal
and state environmental permits in order to be
constructed and operated. The project will also
require a site wide Environmental Impact
Statement (“EIS”).
Preliminary work required for the EIS, such as
base line water sampling, archaeology surveys,
etc. began late in 2009. The scoping study
assumes receipt of all required state and
federal permits to construct and operate the
sulfide mine and plant in three years from the
submittal of the applications.
Receipt of required federal and state permits to
begin construction of the milling facilities is
expected to take approximately three years.
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