Eclipse Metals Ltd (ASX: EPM) is progressing towards obtaining a mining license for its Ivigtût prospect, marking a significant step in environmental and social impact studies. The company received positive feedback and guidance from the Danish Centre for Environment and Energy (DCE) and Greenland Institute of Natural Resources (GINR) after submitting its Scoping and Terms of Reference report. Recommendations include water sampling before pit dewatering, a step expected during the 2024 field season.
Eclipse is confident in meeting requirements and anticipates advancing towards a mining license in 2024. The company emphasizes its commitment to environmental, social, and governance (ESG) aspects, focusing on abandoned mines to minimize footprints and restore former mining land for critical minerals, contributing to the EV revolution and green energy needs. The scoping phase identifies potential issues, with Social Impact Assessment (SIA) running parallel to Environmental Impact Assessment (EIA), engaging stakeholders in Greenland's project.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
