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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.

Alexco closing in on restart decision Alexco closing in on restart decision Alexco closing in on restart decision Alexco closing in on restart decision 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.