Loading ...Shares in Sabina Gold & Silver (TSX: SBB; OTC: SGSVF) jumped almost 4% on Wednesday after the Canadian miner formally committed to building the C$610 million ($463m) Goose gold mine in Nunavut.
Construction at the site, located in the Back River gold district, is planned to fully start in 2023, with first gold production expected in 2025.
The Vancouver-based miner has already completed pre-development activities, while major equipment and materials required for construction have been either procured, delivered or are in transit, it said.