Proactive Investors - Tungsten West PLC (LON:TUNT) said it received two key permits out of the four required to restart production from the Hemerdon tungsten and tin mine in Devon.
The Environment Agency granted it a mining waste facility permit and an open pit water abstraction licence, two significant milestones for the project.
Tungsten West said it expects to receive the two outstanding permits - the mineral processing facility permit and the remaining abstraction licence – in the first quarter of 2023.
"We believe that our commitment to upholding and adhering to international best practice in mining operations, environmental conservation and safe working practices will allow the company to successfully receive the remaining required permits in good time to restart operations in the second half of next year,” said executive vice chairman Mark Thompson.
Tungsten West said it has also implemented an integrated environmental management system, which includes water management, and has developed an environmental, social and governance strategy, which aligns with UN sustainable development goals, International Finance Corp performance standards, and the Sustainability Accounting Standards Board.