Canada: Seabridge seeks "substantially started" status for KSM mine project
"Seabridge applies for KSM project environment permit extension", 18 January 2024.
Seabridge Gold, through its subsidiary KSM Mining, has applied for Substantially Started Status for its KSM Project with the British Columbia Environment Assessment Office (BC EAO).
This status is crucial for the project’s EAC to remain valid beyond the current deadline of 29 July 2026.
The British Columbia Minister of Environment and Climate Change Strategy, or the Associate Deputy Minister, has the authority to declare a project ‘substantially started’.
Awarding of the ‘substantially started’ status depends on the extent of permanent physical improvements made on-site...
The KSM Project is recognised for having the third-largest undeveloped copper resource globally and the largest gold resource.
Copper’s critical status in BC and Canada’s green transition underscores KSM’s potential significant contribution to this sector.
Seabridge chairman and CEO Rudi Fronk said: “We look forward to working with the BC EAO and First Nations on the review of our application. The permanent physical improvements we have made to the KSM site are truly impressive....