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Fury Gold Mines Ltd FURY


Primary Symbol: T.FURY

Fury Gold Mines Limited is a Canada-based gold exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 23,000 hectares (ha) in the Eeyou-Istchee James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 250,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 100% interest in the Eleonore South project. The Eleonore South project is located in the Eeyou-Istchee James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property.


TSX:FURY - Post by User

Post by pennyflippingon Feb 15, 2022 2:19am
344 Views
Post# 34428831

Peru community plans to restart blockade of mine road

Peru community plans to restart blockade of mine roadPeru community plans to restart blockade of mine road amid truce Members of a Peruvian community have promised to restart a road blockade against a prominent copper mine, even as a second community promised a 45-day truce in the dispute. The planned disruption is the latest in a series of protests along the road leading to the Las Bambas mine, which is owned by MMG Ltd and produces 2 percent of the worlds copper supply. Dozens of impoverished Andean communities live along the 400km (248 miles) dirt road. They have regularly complained that the trucks transiting to the mine pollute the environment while failing to increase the quality of life for residents. Since opening in 2016, the mining road has been blocked for more than 400 days by different groups. Most recently, leaders in the Capacmarca district agreed to lift their blockade for 45 days following a meeting with Perus new Prime Minister Anibal Torres. However, soon after, leaders from Coporaque district, where also protesters have recently blocked the road, said they would continue the blockade. Good for our brothers in Capacmarca. Meanwhile, Las Bambas will not pass through Coporaque, the Coporaque Defence Front said in a message on Facebook. A member of the group, Roger Condo, told the Reuters news agency that they would meet on Monday to plan the blockade. Protests have been common against mining companies in Peru for years, coming not just from local communities but also from workers demanding higher wages. In January, a group of communities rejected a government proposal that would have seen Las Bambass owners offer financial support in exchange for a moratorium on blockades. The continued protests have posed a challenge to President Pedro Castillo, who was elected in June after running on a left-wing platform of promising to prioritise the needs of marginalised Peruvians. However, his social programmes widely require tax revenue from mining. The Las Bambas mine alone represents 1 percent of the countrys gross domestic product. It had previously suspended operations in December due to the blockade.
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