There were moments during last week’s “Water Not Gold” rally outside the Alt Hotel at the Halifax airport where the “Gold Show” was in progress, when I was reminded of a video from 2011 during Occupy Wall Street. That footage shows protestors marching along Wall Street, calling out money barons, greed, and the neoliberal system […]
St. Barbara still intends to acquire Atlantic Gold
The violent arrest of John Perkins has put the critical spotlight on gold mining on the Eastern Shore, but for the mining companies, operating in low-regulation and low-royalty Nova Scotia is, well, a gold mine.
St. Barbara Limited, the Australian gold mining company that recently announced it was acquiring Atlantic Gold in a $722 million dollar deal, seems to be unfazed by the RCMP’s violent arrest of a citizen last week at a public information session Atlantic Gold was hosting in Sherbrooke (covered by the Halifax Examiner here and here). […]
The $722 million deal
An Australian company is buying the Vancouver company that owns Nova Scotia’s largest gold mining operation; what’s in it for us?
Here’s the deal. On Wednesday, May 14, an Australian gold mining company called St. Barbara Limited, with one gold mine in Australia and a second one in Papua New Guinea, agreed to pay $722 million for Atlantic Gold Corporation, which operates one open pit gold mine in Nova Scotia, has proposed three more along the […]
Fool’s gold
Nova Scotia's Myopic Pursuit of Metals & Minerals (Part 2)
A Halifax Examiner / Cape Breton Spectator investigation. This is the second in a series of articles on the push for mines and quarries in Nova Scotia. You can find Part I here. Going for gold The CEO and chairman of Vancouver-based Atlantic Gold Corporation, Steven Dean, a man with a history of international coal and […]