2021 was not a good year for Pure Gold. “Teething” issues at the mine, whilst to be expected, have taken longer to resolve than expected and resulted in lower production and higher costs which are now going to take time to reverse. The share price fell 70% over the year. As a result, the company has changed senior management. New CEO Tory Fierro is a seasoned operator as is the new MGM Maryse Belanger who has been onsite since November. Belanger is a well-respected Red Lake based miner and the ....


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The End of the Beginning
- Published:
13 Jan 2022 -
Author:
David Butler -
Pages:
6 -
2021 was not a good year for Pure Gold. “Teething” issues at the mine, whilst to be expected, have taken longer to resolve than expected and resulted in lower production and higher costs which are now going to take time to reverse. The share price fell 70% over the year. As a result, the company has changed senior management. New CEO Tory Fierro is a seasoned operator as is the new MGM Maryse Belanger who has been onsite since November. Belanger is a well-respected Red Lake based miner and the ....