Things are looking less than golden for Australia’s St Barbara Ltd, but rather than accept responsibility, board chair Tim Netscher is pointing the finger at First Nations, Canadian regulators, and COVID-19 for the company’s woes. Those woes are not small ones. On Wednesday, St Barbara reported an annual net loss of over $144 million, largely...
Atlantic Gold’s parent company hints it may halt its Nova Scotia operation
After St Barbara Ltd issued a statement falsely blaming the province for permitting delays, its stock price fell by 14%.
St Barbara Ltd, the Australian mining company that owns Atlantic Gold and Atlantic Mining NS, which operates the Touquoy open pit gold mine in Moose River, is in trouble. This week, St Barbara’s share prices crashed 14% “to a multi-year low,” after the company released a statement that warns of “near-term risk of disruption” at […]
After reading a Halifax Examiner article, two cops showed up at an author reading at Mount Allison University
Joan Kuyek wrote a book about communities protecting themselves from mining companies, and so the RCMP sicced its Criminal Intelligence Section on her.
It was an innocuous event, as most book launches are, but the Royal Canadian Mounted Police didn’t think so, and two officers in plain clothes showed up at Hart Hall at Mount Allison University, apparently concerned by what they read in this Halifax Examiner story and in three Facebook posts advertising the launch. It’s a […]
Atlantic Gold is waging a propaganda blitz in Nova Scotia
By now, many people in Nova Scotia will have seen the Atlantic Gold ads on television, read words of self-praise from the company in newspaper opinion pieces, or received Atlantic Gold flyers in their mailboxes. For the past month or so, Atlantic Gold has been blanketing the province with its propaganda. As the Halifax Examiner […]
Roughed up by the RCMP at a public meeting, John Perkins sues Atlantic Gold and the cops
Sixty-eight-year-old John Perkins of Earltown is striking a blow for democracy after he says he was forcibly hauled out of a public meeting by an RCMP officer last May. Perkins held a news conference in Halifax yesterday to explain why he is filing a lawsuit against Atlantic Gold Corporation which hosted two information sessions on […]
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 […]
Friends of St. Mary’s River say “NOPE” to Atlantic Gold
For many years, when the St. Mary’s River Association (or SMRA) held meetings in Sherbrooke on Nova Scotia’s Eastern Shore, the group members’ purpose was primarily to report on the headway they were making in their efforts to achieve their vision of “Health for our river, the Atlantic salmon and our community.” Members would gather […]
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 […]