Treasure Hunt: Val-d’Or – Gold, Grit and the Road to the North

Ten years after the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs), a new study shows that large mining companies have failed to translate promises to communities into action plans.

It has lodged an application for a new exploration licence in the area where is already developing the Havieron gold-copper project with Newcrest.

The new work program is designed to test the material outside of the high-grade structures that formed the mineral resource estimate.

Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by Sept 15 at the latest

The Vancouver-based royalty firm saw a 20% y-o-y increase in attributable gold equivalent ounces sold worldwide.

Mines in León, Spain, constitute Europe’s largest ancient mining infrastructure and host a 1,200-kilometre hydraulic network.

Joint venture partners have approved the C$1.7 billion construction of the gold project at Canadian Malartic, in Quebec.

Company also said it expects to increase production at the mine by 22% this year to between 270,000 and 290,000 ounces of gold.

Meanwhile, the company reported that its underlying profit nearly doubled in H2 2020.