Once sequestered, CO2 can be turned into methane

The PFS will mark the culmination of the extensive de-risking and optimization program that has been undertaken since the issuance of the 2020 PEA.

Highlights include a longer mine life of 10 years and a greatly increased after-tax net present value of C$1.2 billion.

The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle.

Barrick produced 4.14 million ounces of gold last year, marking its third straight decline in annual output.

Yamana Gold shareholders will vote on the offer at a special meeting January 31.

Hole K-22-255 returned 399.8 metres of 0.62% copper, 0.74 g/t gold and 2 g/t silver from 152.2 metres downhole.

The spodumene operation is expected to produce an average of 5,480 tonnes of ore per day.

The trust that allowed for global trade over the last 30 years has shifted irreversibly, and countries are now scrambling to secure supplies of natural resources as a matter of national security.

Ridgway and the exploration teams under his guidance have discovered gold deposits in Honduras, Guatemala and Nicaragua and a silver-gold deposit in Mexico.