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Growing pains: How juniors manage risks during licensing and construction

Between exploration and operation are two key phases with distinct political and socio-environmental risk challenges: licensing and project development. The risks during these phases are critical to a junior’s business. Juniors that can obtain permits and develop projects successfully might either increase their value in the market or even consider going operational themselves. Juniors that have difficulties managing these challenges are probably forced to sell their discoveries early on. Juniors that reach permitting with difficulty or manage project development impacts inappropriately will leave legacy issues for future investors.

This panel looks at political and socio-environmental challenges during licensing and project development by examining two case studies: Continental Gold in Colombia and Lydian International in Armenia, which are now in the project development phase. Continental Gold’s experience involves overcoming a rushed influx migration of illegal miners, and Lydian International’s case involves local community and NGO concerns around the economic and health impacts of the Amulsar mine --including Jermuk, a Summer resort town-- leading to reviews of the EIA.
Chair: Continental Gold Inc.
Tuesday, March 6, 2018
1:30 PM - 2:40 PM
Location: Room 715

Growing pains: How juniors manage risks during licensing and construction

Speakers: • Luc Zandvliet, Triple R Alliance and Social Practitioners Forum • Alexandra Guáqueta, International Standards Manager, Continental Gold • Nara Ghazaryan, Director Community Engagement, Lydian International • Jeffrey Davidson, CSR Counsellor, Government of Canada • Nick Cotts, Group Executive – Sustainability and External Relations, Newmont Mining • Father Seamus Finn, Chair of the Board for the Interfaith Center on Corporate Responsibility
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