Chinese bureaucrats are proposing that senior leaders should authorize the resumption of coal purchases as tensions between Beijing and Canberra begin to ease.
Drilling has intersected 17.68 g/t Au over 1.01 metres in the Minto Mine Shear Zone and confirmed gold mineralization in the extension of the Jubilee Shear.
Bullion has come under relentless pressure in the past month as investors turn to the greenback in the face of an increasingly hawkish Federal Reserve.
West McArthur is situated in the Athabasca Basin in Saskatchewan, between 6-30 km to the west of the world's richest uranium mine: Cameco's McArthur River.