Latest update: On Monday morning (Aug. 30), we published an update (below) with a statement from Dustin O’Leary, spokesperson for Atlantic Gold and Atlantic Mining NS, subsidiaries of the Australian company St Barbara that owns the open pit Touquoy gold mine in Moose River, HRM. O’Leary stated that “there is no leak of any kind […]
Nova Scotia government doubles down on gold mining
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 […]
A Tree Walk will make us all rich!
Morning File, Thursday, August 22, 2019
News 1. Cod “DFO has issued a stark warning linking the demise of codfish in the southern Gulf of St. Lawrence to an exploding seal population,” reports Paul Withers for the CBC: It’s contained in the most recent stock assessment of Atlantic cod in the southern gulf, which was released earlier this month. “At the current abundance […]
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 […]