SRG Mining’s move to UAE would avoid national security review on Chinese investment in Canada

Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold.

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.

Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project.

The company expects to see annual production at the lower end of its 2023 guidance for QB2.

"They don't distinguish between the good coal and the bad coal," former Teck CEO says.

The longest mineralized core was 12 metres at 2.46 g/t gold, including 23.9 g/t gold over 0.9 metre.

Besides the potential to increase resources, drilling inside the pit shell continues to show continuity and consistency in grade and thickness.

Garofalo said governments should “stay out of the way" of mining projects because long lead times, unclear regulations and overlapping jurisdictions all drive away investment.

Last month, Reuters reported that JSW Steel had slowed down the process to buy a stake in Teck.