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Simon Delander: Rua Gold vice-president on the company's plan to expand over the West Coast

Simon Delander: Rua Gold vice-president on the company's plan to expand over the West Coast

Heather du Plessis-Allan Drive · Newstalk ZB

February 10, 20262m 17s

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Show Notes

A small West Coast town might be about to strike gold again.

Canadian mining company Rua Gold has discovered a 2.5 kilometre stretch of gold and other minerals at Auld Creek near Reefton - with plans announced to fast-track an underground mine.

The company aims to produce 60,000 ounces of gold annually by 2028.

Vice-president Simon Delander says they're also going after the antimony.

He explained that's a strategic mineral - and there's lots of interest in Japan and the US.

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Topics

businessWest CoastRua Goldgold