10.07.2015 Views

Investor Presentation November 2012. - EMED Mining

Investor Presentation November 2012. - EMED Mining

Investor Presentation November 2012. - EMED Mining

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!