Halifax Chronicle Herald: Old Nova Scotia gold deposits are new again.
June 18, 2017 (http://thechronicleherald.ca/business/1478906-old-nova-scotia-gold-deposits-are-new-again)
The resurgence of gold mining raises questions concerning employment, development, sustainability, fairness, and of course the environment. They are not easy questions to answer. What is the best thing to do?
Global economic uncertainties have driven the price of gold up to about $1600 (Canadian). That price is high enough, as the linked article explains, to justify the increased costs of extraction associated with low-grade deposits, which means that mines closed long ago being re-opened – and that much more earth must be moved in order to remove usable amounts of ore. (more…)