Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed [Yahoo! Finance Canada]
Osisko Development Corp. Common Shares (ODV)
Company Research
Source: Yahoo! Finance Canada
The B.C. government says in a news release that Barkerville Gold Mines, owned by Osisko Development Corp., was issued the permit for the underground mine in a process that took 13 months to complete. The mine will employ more than 630 people during construction with an initial $137-million investment and another $918 million over the life of the mine. It says waste rock from Cariboo will be stored at the Bonanza Ledge Mine near Barkerville, which is also owned by Osisko. The release says this is the first project entirely assessed under the new Environmental Assessment Act, which was modernized to enhance public confidence, and was done in consultation with experts, the public and First Nations, including the Lhtako Dené, Xatsull, and Williams Lake nations. But earlier this month, the Xatsull nation issued a statement calling for the project to be halted until it had granted consent. “The province has shown it is failing to responsibly regulate this sector in our territory,
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News
- Osisko Development Announces Grant of Deferred Share UnitsGlobeNewswire
- Osisko Development Provides Bulk Sample and Underground Development Progress Update at Cariboo Gold ProjectGlobeNewswire
- Osisko Development Announces Change to the Board of DirectorsGlobeNewswire
- Green River Gold Gives Update on Drilling Progress and Results [Yahoo! Finance]Yahoo! Finance
- Osisko Development Receives Environmental Management Act Permits for Cariboo Gold Project [Yahoo! Finance]Yahoo! Finance
ODV
Analyst Actions
- 12/3/24 - CANTOR FITZGERALD
ODV
Sec Filings
- 12/20/24 - Form 6-K
- 12/13/24 - Form 6-K
- 12/12/24 - Form 6-K
- ODV's page on the SEC website