Medallion Metals Ltd: Progress on EPBC Referral

Jan 08, 2025

Medallion Metals Ltd (ASX: MM8) is progressing with the permitting process for the proposed Ravensthorpe Gold Project. The project has reached a significant stage under the Environment Protection and Biodiversity Conservation Act 1999 and is currently in the Referral Decision phase. The Department of Climate Change, Energy, the Environment and Water oversees the environmental approval process.

During this phase, the referral and public comments will inform the decision on whether the project is classified as a "controlled action," which would require Ministerial approval under the EPBC Act, or if it can move forward without additional approvals. The referral decision is expected by 05 February 2025 unless further information is requested. Approval under the EPBC Act is essential for the sulphide development strategy and will significantly impact the development timeline, particularly as Medallion pursues permits for both the Ravensthorpe and Forrestania projects.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com