[INFOGRAPHIC] U.S. Minerals mining permitting process

By Admin
One of the biggest ongoing topics in the mining industry is the permitting process. For the U.S., it typically takes between seven and 10 years to secur...

One of the biggest ongoing topics in the mining industry is the permitting process. For the U.S., it typically takes between seven and 10 years to secure a mining permit from the government. For major mining countries like Australia and Canada, which are ranked as the best places to invest in minerals mining, permitting timelines consist of only two years.

The slow and outdated process has been a primary reason many investors avoid U.S. minerals mining. Delays in permitting have caused investments dollar attracted by the United States to deteriorate over the past 20 years—falling from 21 percent in 1993 to eight percent today.

• Related content: Mine Sites: 6 Jaw Dropping Aerial Images You Have to See

According to Minerals Make Life, the United States needs to support legislation to reduce permitting delays while maintaining strict environmental safeguards that will not only attract investors, but assist the country in benefiting from the jobs, economic growth and security minerals can provide.

The following infographic breaks down the entire process of securing a minerals mining permit in the United States.

Stay connected! Follow us on Twitter and like us on Facebook 

Check out the latest edition of Mining Global

Share

Featured Articles

Laws Thwart US Bid to Match China on Lithium Mining

US bid to increase domestic production of lithium in order to reduce reliance on Chinese supplies of critical mineral frustrated by 'confusing' state laws

Bain: 'Inflation Dampening Mining Leaders' Net Zero Hopes'

Bain & Company’s annual Energy & Natural Resource Executive Survey shows 62% of energy execs say high costs mean net zero goals won't be met by 2060

Focus on: Lithium – ‘White Gold’ Driving the EV Revolution

Because of the move to electric vehicles, the metal lithium is rapidly becoming a vitally important part of world’s bid to move away from fossil fuels

Aluminium Industry Calls for new North America Body

Supply Chain & Operations

Data-Driven ABB Smart Hoisting Solution 'is Safety Boon'

Digital Mining

Deep Sea EV Metals Mining Firm in Greenpeace Clash

Sustainability