Eldorado Gold to hold 9.9% of Amex Exploration with share purchase

While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons.

The company said a new zone of structurally hosted high-grade copper-gold-silver mineralization was discovered east of the West zone.

Data showed the US economy grew faster than expected in the second quarter.

Alaska said the restrictions violate the state’s sovereign right to regulate its lands and waters.

The plant, built by Congo Gold Raffinerie Sarl in the eastern city of Bukavu, has been in the works since 2019.

The copper-zinc-gold-silver project in Saskatchewan has a projected 18-year mine life, over which it could produce 65 million lb. of copper-equivalent annually.

A Polyus representative said a large shareholder had submitted a bid to sell part of its stake and that a large number of retail investors had participated.

The project partners are expecting the El Domo environmental licence to be approved by the second half of 2023.

Gold has rallied around 15% over the past 12 months.