@atlhawksenthu He’s trying to put a band-aid on the utter lack of talent he inherited. Gonna take 2-3 years before he gets the personnel on the field he’s accountable for. There’s no magic formula here
Close to $11 billion a year in gold revenue is stuck in Canada's permitting queue. Fifteen projects, all with published reserves.
They hold 36.6 million ounces and would add around 2.5 million ounces a year, a 35% to 40% increase on Canada's current output.
On S&P Global's sample, Canada is among the slowest countries in the world for mine development, at 27 years from discovery to production.
In five cases the only thing between the owner and a construction decision is one government signature.
Two of the fifteen are on a fast track.