The first gold pour at the Côté mine in Sudbury, Ontario.
(Source: IAMGOLD)

Tudor Gold (TSXV:TUD; FSE:H56) and Seabridge Gold (TSX:SEA; NYSE:SA) last week became embroiled in a dispute over a Government of British Columbia license of occupation in the province’s mineral-rich Golden Triangle.

On the morning of Sept. 25, Seabridge announced that the B.C. government renewed the License of Occupation (LoO) for the Mitchell Treaty Tunnels at Seabridge’s KSM Project until Sept. 27, 2044.

In response later that day, Tudor Gold issued a news release stating that it has not been provided with any copy of the license of occupation from the B.C. government nor has it been informed of the reasons for granting the LoO that Seabridge Gold announced.

Click here for the full story.

Invest in gold stocks

Interactive Brokers Trade Now

Interactive Brokers Trade Now

Interactive Brokers Trade Now

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,653.84, down from $2,658.40 in last week’s update, according to data from Kitco.com.

This week in gold

  1. Down by 50 per cent, Geologica Resource (CSE:GRCM) is a mineral explorer with substantial, data-driven upside well worth your consideration.
  2. IAMGOLD (TSX:IMG; NYSE:IAG) has provided Sumitomo Metal Mining (PINL:STMNF) with 60 days formal notice of its intention to exercise the right to repurchase the 9.7% interest of the Côté Gold Mine in Ontario that was transferred to Sumitomo in 2022.
  3. Calibre Mining Corp. (TSX:CXB) announced the appointment of David Schummer as senior vice president and chief operating officer effective Tuesday.

Join the discussion: Find out what everybody’s saying about mining companies and other hot topics about stocks at Stockhouse’s stock forums and message boards.

This content contains affiliate links for Interactive Brokers Group Inc., and Stockhouse receives payment for qualified leads. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo generated by AI: Adobe Stock)


More From The Market Online
CONCACAF W Champions Cup logo.

Scotiabank backs women’s soccer with W Champions Cup partnership

Scotiabank (TSX:BNS) throws its support behind women's soccer by becoming an official and founding partner of the CONCACAF W Champions Cup.
Dynacor gold bar

Dynacor to build a gold processing pilot plant in Senegal

Dynacor Group (TSX:DNG) will begin construction of a gold ore processing pilot plant in Senegal next year.
The Market Ltd.'s The Market Online and Gumtree brands.

Media brand with international footprint grows Australian platforms

Of all the small-cap stocks in Australia's Telecommunications index, The Market Ltd. (ASX:MKT) could be one of the most overlooked.