Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle in British Columbia, Canada. Eskay Creek represents one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. It also owns the past-producing Snip gold mine (Snip). In addition to Eskay Creek and Snip, the Company also owns several exploration stage mineral properties in the Golden Triangle and Liard Mining Division of British Columbia. Its 100%-owned Eskay Creek Project is a high-grade volcanogenic massive sulphide (VMS) deposit. The Snip mine consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares (ha) in the Liard Mining Division. It has staked a 74,633-ha Hoodoo Project, located approximately 65 kilometers northwest of Eskay Creek. It also has interests in KSP property.


TSX:SKE - Post by User

Post by templetooth2on Nov 14, 2022 2:43pm
289 Views
Post# 35097438

Free advice for Hochschild

Free advice for Hochschild
Before spending $4 Billion plus in places where people don't want you, why not send a billion or two to beautiful British Columbia?

From  Mining.com:  (apologies in advance for formatting)



A couple of weeks after protestors burned infrastructure at Hochschild Mining Plc’s (LON: HOC) Inmaculada mine in south-central Peru, residents of the nearby Huancute Annex have invaded the mine and have built picket lines placing women and cattle at the forefront to avoid being forcefully removed by police.

In a media statement, Hochschild Mining and its affiliated company Minera Ares said that early on Friday, Huancute residents cut the metal mesh that surrounds the operation and gained access to Inmaculada.

“A group of invaders threw rocks at the dump trucks that were moving around the mine, thus endangering workers’ safety and disrupting mine operations,” the release reads. “These acts constitute the crimes of aggravated usurpation, aggravated material damage to private property, violation of domicile and rioting.”

According to the companies, about 1700 workers are working in fear at Inmaculada, as they see people from nearby communities illegally accessing the mine. Hochschild and Ares have, thus, filed legal complaints before the National Prosecutor’s Office and the National Police and demanded immediate intervention from Peruvian authorities.

In their coomuniqu and legal filings, the precious metals miners argue that they are legally occupying the terrains on which Inmaculada sits based on mining easements and contracts signed with the landowners and the Peruvian state, as well as with the farming community of Huallhua. They say that they have also been granted possession rights by members of the Huancute Annex and by the Qatary Huancute Association.

Inmaculada, which produces both gold and silver, is Hochschild Mining’s largest mine in the Andean nation. 

The UK-listed company plans to invest $4.4 billion in Inmaculada to extend the mine’s life through 2042.

(With files from Reuters).


<< Previous
Bullboard Posts
Next >>