In mid-May, Laird Brownlie, head of external affairs for Australia’s St Barbara Ltd that acquired Atlantic Gold and its mining operations in Nova Scotia in 2019 for $722 million, sent out an email — a “special bulletin” — about the company’s proposed modifications at its Touquoy open pit gold mine in Moose River. Brownlie’s message […]
Aurelius Minerals is still making false claims to potential investors about its Nova Scotia gold mine
Two months after the Halifax Examiner learned that Aurelius does not have "active and valid" environmental or industrial approval for the gold mine site on Eastern Shore, the company continues to say its site is "one of only two permitted gold mines and mills in the province."
Misinformation about the status of Aurelius Mineral’s Aureus East property on the Eastern Shore is still being circulated by the company and financial publications, even after Nova Scotia Environment confirmed, once again, there have been “no changes” in the company’s permits. Aurelius CEO Mark Ashcroft sees it differently, but we’ll get to that.First, some background. […]
Atlantic Gold’s imaginary conservation land
In 2008, Atlantic Gold was given provincial approval for the gigantic Touquoy open pit gold mine with the condition that within 4 years the company buy and give the province nearby land for conservation purposes. 13 years later, that condition is still unmet, and the province is making no real effort to enforce it.
Atlantic Gold has just announced that in “late spring/early summer 2021” it will be undertaking a new Class 1 Environmental Assessment for modifications to its open pit Touquoy gold mine in Moose River. Among other things, the company wants to expand its waste rock storage area that is already sky-high, prepare to store tailings in […]
Tall tales about Nova Scotia gold: investors should beware of Aurelius Minerals’ spin job
Aurelius Minerals bought the old Dufferin Gold Mine, and Aurelius is now telling potential investors the site "is permitted" and ready for mining. But a provincial permit was issued to the previous company nearly 27 years ago, and even that expired in 2017. No application has been made to transfer the permit to the new owner, and it likely wouldn't meet modern environmental standards in any event.
“Aurelius Minerals could end up following in the footsteps of Atlantic Gold, by proving up a multi-million ounce gold resource in Nova Scotia,” boasts the headline of a March 9 feature by Alastair Ford in the online Proactive Investors publication. The article begins: “We see the opportunity for a couple of million ounces of gold,” […]