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prefeasibility study for the Silver Sand project in Bolivia calculates a robust return on an initial $358-million investment. But the company could face hurdles from artisanal miners and settlements on its concessions.
The Vancouver-based developer aims to reach agreements despite disruptions caused by these operators, prompting legal actions in recent months. The illegal miners have been operating within the company’s mineral rights area, creating conflicts and safety concerns since at least mid-2022. “The next step along our journey will be reaching an agreement with local communities to secure surface rights for the project area,” Williams said in a news release Wednesday.
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