The study forecasts an initial capex of $388 million and an after-tax NPV of $501 million.

Despite the suspension, the company said it still expects to achieve its budgeted production in the third quarter.

Pakistani Prime Minister visited Beijing in a bid to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor, a key part of Beijing's Belt and Road Initiative.

According to the report, the total value of the country's mineral and metal production has quadrupled since 2000. 

Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers.

Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces.

After surging to a record above $2,450 an ounce, bullion has traded in a fairly narrow range amid the uncertainty over the Fed’s rate trajectory.

Treaty Creek, in the Golden Triangle region of northwest British Columbia, is a joint venture project with Tudor Gold and Teuton Resources.