New approach needed to boost Canadian output: Sprott CEO 

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An aerial view of the Rook I project in Saskatchewan. Credit: Greg Huszar.

Canada’s next prime minister had better be serious about expediting permitting reviews to speed up mine construction, according to the world’s biggest holder of physical uranium. 

Both leading contenders for the prime minister’s job touted the merits of a “one project, one review” system during the most recent federal election campaign, which is set to conclude with Monday’s vote. Liberal Party leader and PM Mark Carney pledged to approve resource projects within two years through a dedicated office, while Conservative Party leader Pierre Poilievre vowed to open a Rapid Resource Project Office with an even shorter time limit – one year – to get “shovels in the ground” as fast as possible.  

Drawn-out permitting timelines have been a long-standing irritant for miners. Canada is the third-slowest…

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