Atlantic Mining Nova Scotia (AMNS) looks bound and determined to mine paradise, blast a giant hole deep into the earth at Beaver Dam in a rural part of the Halifax Regional Municipality just over an hour’s drive from downtown Dartmouth, and extract 56 million tonnes of material from the bowels of this small province between 2023 […]
Who benefits from Atlantic Gold’s Nova Scotia operations?
Firm with gold mines on the Eastern Shore pays no taxes and low wages to its employees while it gets large government subsidies and maximizes profits. Oh, and it will leave toxic mine tailings that will be with us forever.
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 […]
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 […]