Gold is shown in this handout photo provided by Province of Nova Scotia. (The Canadian Press/Handout-Province of Nova Scotia) Mandatory Credit
The company behind a plan to process stockpiled ore at Nova Scotia’s idled Touquoy gold mine says it has already signed contracts worth $56 million with two rural companies to support the reopening.
Atlantic Mining Nova Scotia, a subsidiary of Australia-based St Barbara Ltd., was granted industrial approval by the provincial Environment Department on April 10. The gold mine, about 70 kilometres northeast of Halifax, is expected to begin processing later this year and ship gold to the Royal Canadian Mint starting next year.
