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.
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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
- Down by 50 per cent, Geologica Resource (CSE:GRCM) is a mineral explorer with substantial, data-driven upside well worth your consideration.
- 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.
- Calibre Mining Corp. (TSX:CXB) announced the appointment of David Schummer as senior vice president and chief operating officer effective Tuesday.
Top six trending gold stocks
- Laurion Mineral Exploration (TSXV:LME)
- Tudor Gold (TSXV:TUD)
- Ivanhoe Mines (TSX:IVN)
- New Found Gold (TSXV:NFG)
- American Creek Resources (TSXV:AMK)
- Freegold Ventures Ltd. (TSX:FVL)
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