Nov. 6 at 11:13 PM
$AMQFF The delay in Chile’s mining permit reforms poses a “serious” challenge for the mining industry, according to Freeport-McMoRan's top executive in Chile. As the world’s leading copper producerr, Chile faces regulatory obstacles that hinder project development, a situation President Gabriel Boric’s government aims to address through reforms to streamline permits and modify environmental assessments, however, this has been stalled with initial expectations to pass the reforms by year’s end will not be met. (Source: https://www.miningweekly.com/article/delay-in-chile-mining-permits-a-serious-problem-says-local-head-of-freeport-2024-11-06)
Contrastingly, Abitibi Metals (AMQ.c AMQFF) is a strongly positoned copper junior in Quebec's Greenstone Belt amid a 16,500m Phase II drill program at its high-grade B26 Polymetallic Deposit. Having completed 10 holes across 8,086m, the program aims to expand resource zones at three key targets: the Open Pit, Mid-Level, and Western Plunge: https://www.reddit.com/r/smallstreetbets/comments/1gkkuk1/abitibi_metals_corp_amqc_amqff_provides_update_on/