Could the Ajax copper/gold mine move closer to production?
A copper gold project, located in the south of Canada, could move one step closer to production as an environmental review of the operation has been completed.
The Ajax Mine, located south of Kamloops in Canada, is a new open pit copper and gold mine that could produce up to 99,000 ounces of gold annually over a 23-year life of mine.
KGHM Ajax Mining, a Canadian mining company with a footprint that stretches across Canada, Greenland and Poland, looks to develop the Ajax Mine into a world class mine that is safe, profitable and environmentally responsible.
Related stories:
Read the latest issue of Mining Global here
Red Eagle Mining announces $8mn equity financing
Trek Mining receives expansion permit for Aurizona Gold Mine
Janganda Mines reveals Pedra Blanca PGM project
The mine itself has already been opposed twice before and with the B.C Environmental Assessment office completing its review and handed it over to provincial government, KGHM has until 4 January 2017 at the very latest to receive a final decision.
Should the mine get the all important go ahead, KGHM will look to create more than 500 jobs and generate upwards of $500mn in estimated tax revenue.
Featured Articles
Rio Tinto completed its US$6.7bn acquisition of Arcadium Lithium, making it a key company in raw materials mining for batteries in the energy transition
Intel first began to work towards responsibly sourced conflict minerals from the Democratic Republic of Congo and adjoining countries about 12 years
International Energy Forum says mining is the 'paradox' at heart of quest for clean energy but recognises the industry is addressing sustainability issues