By Shane Lasley
Mining News
Peak Gold JV slows plans at Manh Choh
Lowers 2022 budget due to inflation, contractor constraints North of 60 Mining News - February 21, 2022
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Last updated 3/4/2022 at 3:35am
Contango ORE Inc.
An aerial view of the Manh Choh gold mine project on 675,000 acres of land leased from the Alaska Native Village of Tetlin.
With inflation pushing costs higher and billions of dollars of COVID relief and infrastructure spending flowing into Alaska from Washington D.C., creating a competitive market for construction contractors, the Peak Gold Joint Venture has decided to cut back on the preliminary development that was originally planned for its Manh Choh gold mine project near the communities of Tetlin and Tok in ea...
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