Gold price tumbles on reports of de-escalating Middle East tensions
Gold plunged 3% after Axios reported that Israel and Lebanon have accepted the terms of a ceasefire agreement.
Kamloops city council voted four-two to oppose the proposed Ajax copper-gold mine 3 km south of the town. Instead, the councillors are drafting a letter to all three political parties in the province to suspend environmental assessment and address their concerns.
The Ajax mine is a partnership of Abacus Mining & Exploration of Vancouver (20%) and Polish miner KGHM (80% and operator). The property in question was the site of five former producing open pit mines.
