USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Victoria Gold’s (TSXV: VIT; US-OTC: VITFF) Eagle Gold Project in the Yukon territory hosts a reserve of 2.7 million ounces of gold and it is expected to produce ~200,000 ounces per year at an operation cost of approximately $550 per ounce.
According to the company’s president and CEO John McConnell, Victoria Gold’s prospects have improved due to a renewed optimism in the territory’s gold sector. Speaking to The Northern Miner‘s western editor Matthew Keevil, McConnell explained how new conditions impact his plans for the site.