Welcome to our dedicated page for Paramount Gold news (Ticker: PZG), a resource for investors and traders seeking the latest updates and insights on Paramount Gold stock.
Paramount Gold Nevada Corp. (PZG) provides investors and industry observers with a dedicated hub for tracking developments across its precious metals exploration projects. This resource consolidates official press releases, operational updates, and strategic announcements related to the company's gold-silver asset portfolio.
Key updates include progress on flagship projects like Grassy Mountain in Oregon and Sleeper in Nevada, financial reporting milestones, partnership agreements, and permitting advancements. Users gain access to primary-source information on resource estimates, engineering studies, and corporate strategy directly from the company.
The curated news flow enables stakeholders to monitor PZG's execution of its core strategy: systematically advancing mineral assets through exploration, environmental compliance, and value realization via joint ventures or strategic sales. Regular updates provide transparency into operational timelines and technical developments critical for informed analysis.
Bookmark this page for direct access to Paramount Gold's latest verified announcements. Check back frequently to stay informed about permitting decisions, drilling results, and corporate developments that shape the company's position in the precious metals sector.
Paramount Gold Nevada Corp. (NYSE American: PZG) has announced a significant milestone in the permitting process for its Grassy Mountain gold mine project in Oregon. The Environmental Evaluation and Socioeconomic Analysis (EE) documents are now available for public review before the Project Coordinating Committee meeting on September 12, 2024. Final approval of the EE is expected in early October, allowing state agencies to begin drafting permits, which Paramount anticipates receiving in mid-2025.
The EE, completed by Stantec under DOGAMI's direction, confirms that the project is designed to surpass all viable alternatives and is expected to have positive economic impacts on local, state, and federal budgets. The analysis predicts minimal environmental impacts and minor, beneficial effects on environmental justice communities. Paramount expects to receive both Federal and State permits in late 2025, paving the way for construction to begin shortly after.
Paramount Gold Nevada announced a joint reclamation bond for its Grassy Mountain gold mine with the Oregon Department of Geology and Mineral Industries (DOGAMI) and the Bureau of Land Management (BLM). This Memorandum of Understanding (MOU) eliminates the need for separate reclamation bonds, reducing capital requirements and administrative burdens. The single financial security amount will be determined after Paramount submits the reclamation cost estimate. This coordinated state and federal effort will streamline the process, prevent delays, and ensure protection and monitoring of mining disturbances on both federal and private lands.
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