Tudor Gold and Seabridge Gold recently became involved in a dispute over a Government of British Columbia license of occupation in the mineral-rich Golden Triangle region. Seabridge announced the renewal of the License of Occupation (LoO) for the Mitchell Treaty Tunnels at its KSM Project until 2044. In response, Tudor Gold issued a news release stating that they have not been provided with a copy of the license or informed of the reasons for granting it as announced by Seabridge Gold.
The current price of gold is US$2,658.40, showing an increase from the previous week. Geologica Resource, a mineral explorer, has seen a 50% decrease in value but has substantial data-driven upside potential. IAMGOLD has given Sumitomo Metal Mining notice of its intention to repurchase a 9.7% interest in the Côté Gold Mine in Ontario. Calibre Mining Corp. announced the appointment of David Schummer as senior vice president and chief operating officer.
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