The upgrade is expected to increase average annual gold production at the Ghana mine by between 75,000 and 100,000 ounces for the first five years, starting in 2020.
The subsidiary of Russia’s state nuclear company Rosatom may buy up to a 51% interest in Atacama lithium project, located in an area that hosts more than 15% of the world’s known reserves of the battery metal.
Ontario Superior Court of Justice only allowed the suit to deal with alleged misrepresentations in the company’s 2012 environmental disclosures related to the long-stalled Pascua-Lama project.
The future of the company and its huge fertilizer project beneath the park were thrown into doubt last month, after Sirius’ $2.5 billion funding plan failed.