logo
Yukon gov't temporarily extends some placer mining licences while working through permit backlog

Yukon gov't temporarily extends some placer mining licences while working through permit backlog

CBC30-05-2025
The Yukon government is issuing temporary licence extensions to placer miners in the queue for licence renewals as staff work through the backlog of permit approvals and licence renewal applications.
On Thursday, the territory made "temporary" amendments to the Placer Mining Land Use Regulation and the Quartz Mining Land Use Regulation to approve extensions to eligible operators — and temporary additions to the Waters Regulation to authorize eligible operators to use water consistent with the terms of their existing licence while seeking a licence renewal.
"We feel this will help alleviate the pressure on the overall system," said John Streicker, Yukon's minister of energy, mines and resources.
The decision comes after placer miners and advocates went public about delays that were costing them their ability to work. Some had been in limbo for over a year waiting for their approvals.
Streicker said extensions will be given to operators whose licences are close to expiring, including 19 operators whose licences recently expired while in queue for renewal. Extensions will also be given to "previously approved projects that have been through the First Nations consultation process and are within the temporal, spatial and activity scope of the decision documents already in place."
"The way we're looking at this is because those mines have already been operating, already did consultation and engagement on them, we can allow them to continue in a temporary way while we work through the backlog," Streicker told CBC News.
Streicker said this doesn't change the licence renewal or permitting approval process, but it's a temporary way to keep people working while still following regulations.
He added that his department has already begun contacting placer miners to notify them of the extension.
Will Fellers is the president of the Klondike Placer Miners Association.
He said he was very glad to hear about new changes, but he wants to speak with the Minister before he gets too excited about anything just yet.
"We know the government's been working on this behind the scenes and I'm glad to see something finally has came out of it," Fellers told CBC News.
"I haven't been briefed on it yet. This is just new, so it will be interesting to hear from John [Streicker] exactly what the specifics are of this but if its the case it's a great step in getting the operators back being able to go out on the land and back to work again.
"That makes me happy to hear."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Faraday Future's Q2 2025: Strategic Growth and Market Expansion
Faraday Future's Q2 2025: Strategic Growth and Market Expansion

Globe and Mail

timean hour ago

  • Globe and Mail

Faraday Future's Q2 2025: Strategic Growth and Market Expansion

Faraday Future Intelligent Electric Inc. ( (FFAI)) has released its Q2 earnings. Here is a breakdown of the information Faraday Future Intelligent Electric Inc. presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Faraday Future Intelligent Electric Inc., a California-based company, is a global leader in the intelligent electric mobility ecosystem, focusing on luxury and innovative electric vehicles. In its second quarter of 2025, Faraday Future reported an adjusted operating loss of $27.4 million, with a significant cash position increase and strengthened operational efficiency. The company achieved a milestone by being added to the Russell 3000 Index, enhancing its market visibility, and saw substantial investment increases from major fund managers like Vanguard and BlackRock. Key financial highlights include a net loss from operations of $48.1 million, an improvement from the previous year, and a substantial increase in financing cash inflow, marking the fifth consecutive quarter where inflows exceeded outflows. Faraday Future also announced strategic developments, including the launch of the FX Super One vehicle and the introduction of the 'EAI + Crypto' ecosystem strategy, aimed at integrating traditional operations with digital platforms. The company received over 10,000 non-binding pre-orders for its FX Super One vehicle, indicating strong market demand. Production preparations for this model are underway at the Hanford, CA factory. Additionally, Faraday Future plans to invest $100 million into its U.S. operations, focusing on research, development, and infrastructure. Looking forward, Faraday Future aims to continue driving technological innovation and maintaining financial discipline. The company expects to meet its production targets for the FX Super One by the end of the year, both in the U.S. and the Middle East, while executing its strategic goals to regain investor confidence and ensure long-term growth in the electric vehicle market.

Canadian Natural Resources Reports Strong Q2 2025 Results
Canadian Natural Resources Reports Strong Q2 2025 Results

Globe and Mail

timean hour ago

  • Globe and Mail

Canadian Natural Resources Reports Strong Q2 2025 Results

Canadian Natural Resources ( (CNQ)) has released its Q2 earnings. Here is a breakdown of the information Canadian Natural Resources presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Canadian Natural Resources Limited is a prominent player in the oil and gas sector, known for its extensive operations in oil sands mining, upgrading, and conventional oil and gas production, primarily based in Canada with some international exposure. In its second quarter of 2025, Canadian Natural Resources reported robust financial performance, driven by strategic acquisitions and efficient operations. The company highlighted its successful completion of a planned turnaround at the Athabasca Oil Sands Project ahead of schedule, alongside strong production and upgrader utilization rates. Key financial metrics for the quarter included net earnings of approximately $2.5 billion and adjusted net earnings of $1.5 billion. The company achieved a total production volume of 1,420,358 BOE/d, marking a 10% increase from the previous year. Strategic acquisitions, such as the Palliser Block and Montney assets, are expected to bolster future production and synergies. The company's management remains optimistic about the second half of 2025, anticipating continued strong operating results. Canadian Natural Resources plans to update its annual production guidance and capital forecast following the closure of the AOSP swap, reflecting its commitment to delivering shareholder value through strategic growth and operational excellence.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store