Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Crypto Market Update: UK Backs “No Gain, No...
Barrick Closes US$1.09 Billion Hemlo Sale as Wheaton...
Canada-Alberta Pact: Boosting Oil Exports and Clean Energy
Will Canada’s 2025 Budget Boost Productivity? Experts Weigh...
Homerun Resources Inc. Announces Listing of Its Shares...
Growth Strategy Initiated with Option to Acquire Scandinavian...
Orano Condemns Illegal Uranium Transfer from Niger Mine
Top 5 Canadian Mining Stocks This Week: Mountain...
Silver Price Surges Past US$56 to New All-time...
Campbell’s fires executive accused of racist remarks and...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

Artemis Gold Ordered to Dismantle Unauthorized Worker Camp at Blackwater Project

by admin August 28, 2024
August 28, 2024
Artemis Gold Ordered to Dismantle Unauthorized Worker Camp at Blackwater Project

Artemis Gold (TSXV:ARTG,OTC Pink:ARGTF) has reportedly been directed by BC’s Environmental Assessment Office (EAO) to dismantle an unauthorized worker camp at its Blackwater gold asset.

According to CBC, the camp, which has at least 48 accommodation units and is located 110 kilometers south of Vanderhoof, BC, is not in compliance with provincial regulations following an on-site inspection.

The inspection took place on May 14 and showed that the camp is not permitted under Artemis’ environmental certificate. Blackwater’s existing certificate allows for a main construction camp accommodating up to 1,000 workers and an operations camp for 500 workers, both of which must be located within designated site boundaries.

The camp, located at the Chu site, also contains three generators and potable water storage. It was established to support workers involved in the construction of the Blackwater project’s transmission line.

CBC notes that Artemis acknowledged the situation through a statement, explaining that the camp was set up after the company received a permit transfer from a previous holder in March of this year. The site had been abandoned by its previous occupant, and Artemis invested US$200,000 in site remediation, including the removal of old infrastructure.

The company also said the camp was intended as a temporary arrangement to support construction efforts. When the non-compliance was identified by the EAO, Artemis was ordered to cease operations at the site by August 7.

However, the EAO granted an extension to August 21, allowing wildfire contractors to use the camp temporarily due to emergency operations in the area. The camp must be fully dismantled by 6:00 p.m. PDT on August 31.

Artemis has said work is already underway to comply with the order. Workers previously housed at the camp have been relocated to the main construction camp at the Blackwater site.

The Blackwater project is one of BC’s largest mining developments. It is expected to produce gold and silver for over 17 years, with a daily milling capacity of 60,000 metric tons. Construction of the project was approximately 87 percent complete as of a July 30 update, with first gold production targeted for the fourth quarter of the year.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Gary Wagner: Gold’s Next Price Target is US$2,700, Can Silver Catch Up?
next post
Trump, without evidence, in part faults Biden, Harris for assassination attempt

You may also like

Cobalt Market 2024 Year-End Review

January 11, 2025

5 Top Weekly TSXV Stocks: Gold Stocks Gain...

August 19, 2024

Top 5 Canadian Lithium Stocks of 2025

March 27, 2025

Canada’s Big Open Banking Move: Unlocking Consumer Control...

November 25, 2025

Samarco Nears US$31.7 Billion Settlement for 2015 Dam...

October 23, 2024

What is the Santa Claus Rally and Has...

December 25, 2024

Sarama Completes Issue of Shares for Debt and...

September 19, 2024

Trump Orders Security Probe on Rare Earths and...

April 23, 2025

How to Invest in AlphaFold Stock

October 19, 2024

Hertz Energy Acquires Lake George Antimony Property in...

September 17, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Crypto Market Update: UK Backs “No Gain, No Loss” Tax Model, Visa Expands Stablecoin Settlement

      November 29, 2025
    • Barrick Closes US$1.09 Billion Hemlo Sale as Wheaton Finalizes Gold Stream Deal

      November 29, 2025
    • Canada-Alberta Pact: Boosting Oil Exports and Clean Energy

      November 29, 2025
    • Will Canada’s 2025 Budget Boost Productivity? Experts Weigh In

      November 29, 2025
    • Homerun Resources Inc. Announces Listing of Its Shares on Tradegate Exchange in Germany Increasing European and International Market Liquidity

      November 29, 2025
    Promotion Image

    banner ads

    Categories

    • Business (909)
    • Economy (829)
    • Investing (3,361)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved