The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action.
Work at the asset, located immediately next to Cameco's Fox Lake uranium discovery, will be carried out by a helicopter-supported team based at Cameco's nearby majority-owned McArthur River.
Early reports claimed that Tanzania had asked foreign workers of the gold miner to leave the country, but a spokesperson for the company denied that story.
If Canada's Minister of Indigenous and Northern Affairs, Carolyn Bennett, accepts the review board's decision, a project certificate could be issued before year-end.
In resuming coverage of Eldorado Gold following the acquisition of Integra Gold and its Lamaque property, BMO Capital Markets analyst Andrew Kaip looked at the impact of the move, as well as at other factors pressuring Eldorado stock.