Scientists have discovered why some of the richest ore deposits on the planet, such as copper, zinc, silver and uranium, were formed in the middle period of Earth’s history.
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.
Gold builds on 15-week highs as large-scale derivatives speculators bump exposure to a rising gold price by a fifth, the most bullish move since November 1.
With six drill rigs currently active on site, and two more to follow soon, Acacia expects to increase the resource to 2 million ounces by the end of the year.