Ontario accelerates Kinross' Great Bear, first gold target in 2029

Kinross’ Great Bear Gold Project Accelerated Under Ontario’s 1P1P Framework

Ontario is moving to accelerate one of Canada’s largest emerging gold projects, cutting permitting timelines in half for Kinross Gold's (TSX:K,NYSE:KGC) Great Bear development in the Red Lake district.The province announced that Great Bear will be designated under its new One Project, One Process (1P1P) framework, a streamlined approval system aimed at reducing government review times by 50 percent.Located approximately 24 kilometers southeast o…

Ontario accelerates Kinross' Great Bear, first gold target in 2029

Ontario has designated Kinross’ Great Bear Project for accelerated permitting under its “One Project, One Process” framework, with the province saying government review times will be reduced by 50% for the Red Lake district gold development. Energy and Mines Minister Stephen Lecce said the framework is intended to provide “certainty to investors and predictability to the market,” arguing Ontario can speed up permitting while maintaining rule-of-…