Deep sea mining puts $560 billion in land extraction at risk — report
Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.
Emgold Mining (TSXV:EMR) announced that it expanded its Casa South property in Quebec, eastern Canada, with the addition of 24 mineral claims that occupy 1,320 hectares.
In a press release, Emgold said the total size of the property is now 204 claims totalling 11,400 hectares.
Casa South is located 80 kilometres south of La Sarre, immediately south of Hecla Mining’s (NYSE:HL) operating Casa Berardi mine and immediately north of IAMGOLD’s (TSX IMG), (NYSE: IAG) Gemini-Turgeon property.
Even though no mineral resources or reserves have yet been delineated at Casa South, Emgold said it is encouraged by the fact that the nearby Casa Berardi mine produced over 134,000 ounces of gold in 2019.
