Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Shore Gold Inc. could be one step closer to opening Canada’s next diamond mine, according to a story published in the Journal of Commerce.
The newspaper says Shore Gold’s recently released feasibility study for the Star-Orion South Project, located near Prince Albert, Sask., shows that the dimaond deposit is large enough to support a mine:
The project consists of the Star Diamond Project and the Orion South Project, which includes the excavation of an open pit at the Star Kimberlite and potentially, a second open pit at the Orion South Kimberlite.
According to the company, the feasibility study said the Star-Orion South project has a net present value of US$2.1 billion and is economically able to support the construction and operation of a mine.
JOC says construction of the Star-Orion project is scheduled to start in the third quarter of 2012, while full-scale ore production will start in early 2017.
Comments
Fuzzie_bear99
i need to know where in saskatchewan is gold, diamonds, salt, uranium, copper, graphite, coal, sodium sulphate, and sulphur is mined???? HELP ME!!!!