Quebec-based Abcourt Mines said the mill at its Sleeping Giant underground gold operation in the Abitibi region of the province restarted processing on February 13. In its Feb. 20 confirmation of the restart, it confirmed it saw 20 tonnes per hour in the first week. On Feb. 19, it marked 32 tph with the addition of the second ball mill.…
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Seabridge Gold secures US$150 million in royalty deal
Seabridge Gold subsidiary KSM Mining has agreed to principal terms of a royalty agreement under which Sprott Resource Streaming and Royalty pays US$150 million for a 1.2% net smelter royalty for all metals produced at the KSM project in northern British Columbia, Canada. The proceeds will be used to complete the physical works at KSM for which Seabridge expects to…
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