Phenom Informs Shareholders of President Trump's Executive Order: Immediate Measures to Increase American Mineral Production
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President Trump signed an Executive Order targeting increased domestic mineral production by reducing federal regulations. The order creates 10-30 day action plans for multiple government agencies to advance mineral projects, with a focus on soliciting industry feedback to expedite production. This could particularly benefit mining companies with pending permits and exploration projects.
March 25, 2025 | 3:15 pm
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The Executive Order could accelerate permit approvals for Phenom's Dobbin and King Solomon gold projects, potentially reducing regulatory barriers to exploration and production.
The Executive Order directly mentions soliciting industry feedback and expediting mineral production permits, which aligns with Phenom's current project status and pending drill permit applications.
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