New Found Gold extends Keats West at centre of Newfoundland exploration surge

The company acquired the Wasamac deposit and Camflo property and mill when it bought Monarch Gold in January.

Ownership of the mine will consolidate the historic high-grade Eagle-Telbel underground mines at the Joutel gold project.

A panel found that the likelihood of significant adverse environmental effects resulting from the Grassy Mountain mine outweighed economic gains.

A court ruled in May that climate change factors must be considered in the decision about the Vickery coal mine expansion.

The Cindy target offers potential to add to the company's leachable resource base and extend mine life.

A strong price environment had seen miners look at the economics of reopening mothballed operations, one consultancy says.

Demand for greener energy has put companies with uranium and base metal projects under the spotlight.

This new area to the south has some similarities and some differences to the mineralization discovered elsewhere on the property.

Flagship mine in Red Lake, Ontario, averaged daily throughput at 509 tonnes per day for the June quarter and 577 tonnes per day for June.