Investor Presentation November 2012. - EMED Mining
Investor Presentation November 2012. - EMED Mining
Investor Presentation November 2012. - EMED Mining
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17REGULATORY STATUS OF RIO TINTO PERMITTINGAdministrative Standing (“AS”): <strong>EMED</strong> believes it has satisfied all therequirements - legal, technical & economic.Environmental Plans (“AAU”): <strong>EMED</strong> expects to satisfy this quarter theconditions for approval, based on discussions with the regulator. Furtherdocuments being assembled in respect of: water treatment plant, dam safetymargins, many miscellaneous issues.National Agency Reviews <strong>EMED</strong> understands that positive reports issued byIGME and CEDEX supporting approval of project development plans.Discussions being held with regulator to set schedule for finalising detailedoperating plans, after follow-up drilling, sampling and measurements onremaining tailings dam sections purchased on 28 August <strong>2012.</strong> We can thenimplement recommendations to increase safety margins.Bonding and Related Guarantees and Indemnities: Insurance requirementunderstood for tailings dam. Regulators will focus on the levels of bonding forenvironmental restoration and personnel entitlements once AAU approved.