Newsig · Mining.com
Agnico-backed Cartier lowers Cadillac spend in Quebec gold belt
Cartier reduced Cadillac gold project costs to $198M for an underground mine, yielding 100,000 oz. gold/year for 16.2 years.
Why it matters
GDX (Gold Miners ETF) · Why linked: Gold mining sector context; Cartier's Cadillac project is a Quebec gold asset Market context: Small capex revision by a junior miner is unlikely to move the broader gold miners ETF
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