Iron-ore junior Alderon sees interest in Canadian project

The company reported a quarterly group gold production of 194,793 ounces, compared with 161,073 ounces a year earlier.

The MOU creates the foundation for shared interests in possible future mining opportunities.

The Global Tailings Management Institute will oversee independent audits and the certification of member companies’ facilities based on their safety and public disclosures, the founders said.

The Blackjack deposit now has an indicated resource of 1.29 million oz. at a gold grade of 1.01 g/t.