Company has invested C$14 million in a private placement in its recent spinoff, Caldas Gold, to fund the acquisition of a project in Ontario’s Abitibi greenstone belt.

Shares of Roscan Gold jumped to a 52-week high Friday.

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PwC study finds institutional investors increasingly taking ESG into account.

The decision was a response to the Exposure Control Plan and the Health & Safety Plan that the miner submitted to the territorial Department of Health.

The world’s largest gold mining complex is expected to produce 2.1 - 2.25 million ounces in 2020.

The combined company is expected to produce over 235,000 gold-equivalent ounces annually.