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Alexco closing in on restart decision

Alexco Resource (CN:AXR) could take a decision to restart mining at its Keno Hill silver project in Yukon, Canada, as early as December, CEO Clynt Nauman said during a site visit organised by the Yukon Mining Alliance.

World > North-america

Alexco closing in on restart decision

Alexco Resource (CN:AXR) could take a decision to restart mining at its Keno Hill silver project in Yukon, Canada, as early as December, CEO Clynt Nauman said during a site visit organised by the Yukon Mining Alliance.

Alexco closing in on restart decision

Clynt Nauman has been able to negotiate a royalty deal that could lead to Keno Hill's restart

The company will need to invest C$27 million (US$21 million) to bring the property back into production with some C$7 million of that to be spent on preparatory works this year.