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Long-delayed Sisson Mine facing environmental deadline, other problems – CBC

Expected to begin construction years ago, ‘generational opportunity’ project still on the drawing board

Jul 24, 2020

It’s been a tough year for Northcliff Resources Ltd., the company behind a long delayed tungsten and molybdenum mine development known as the Sisson project in central New Brunswick.

Its president quit, its stock fell, prices for its minerals have melted and now the company is in danger of failing to meet a requirement of its provincial environmental approval.

“Northcliff has engaged with the province of New Brunswick to extend the deadlines under the provincial EIA (environmental impact assessment) and the process is ongoing,” the company said in a quarterly management update for investors filed last month.

Northcliff received conditional environmental approval from the province to build its proposed $579 million mine on a 189-square-kilometre site near Sisson Brook, about 100 kilometres northwest of Fredericton, in December 2015.

Read More: https://www.cbc.ca/news/canada/new-brunswick/sisson-mine-facing-deadline-1.5661068

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