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Governor Brad Little Signs Speed Act to Streamline Mining Approvals
Idaho Governor Brad Little has signed an executive order to expedite the permitting process for mining projects and other large-scale developments. The Strategic Permitting, Efficiency and Economic Development (Speed) Act, signed on January 24, establishes a council to accelerate permit reviews and eliminate redundant regulations across state agencies.
Funding and Key Projects Under Review
The Speed Act’s $480,000 funding comes from Little’s Keeping Promises plan, aimed at reforming energy and mining permitting. Richard Stover, Idaho’s energy and mineral resources administrator, will chair the council, overseeing efforts to cut bureaucratic delays.
One major project expected to benefit is Perpetua Resources Stibnite gold-antimony mine near Yellow Pine, Idaho. The site holds 148 million pounds of antimony and still requires over 50 federal and state authorizations before construction can begin. Perpetua Resources has welcomed the Speed Act, aligning it with its vision for streamlined development.
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