This year, Macassa is expected to produce 240,000-250,000 oz out of the company’s total production guidance of 950,000 to 1 million oz.

Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million.

Drill highlights include 80.5 metres of 0.66 g/t gold equivalent starting at 60 metres.

If you have a mine company with a tailings pond full of coal slurry or a coal deposit that is no longer economic, there could still be value in it

It was the first advocacy effort of its kind in a mining conflict that has spanned a decade, three countries and multiple legal challenges.

The C$758 million transaction, which was first announced in October, remains on track to close on December 13.

Drill highlights include 5.5 metres of 22.54 g/t gold and 2.1 metres of 24.9 g/t gold.

The Vancouver-based miner wants to get its hands on the Porter silver project in British Columbia.