The new director is an executive at Newmont Mining Corporation, which acquired a board seat following a recent $109 million USD investment in Continental Gold.
All of Continental Gold's nominees were approved while receiving at least 99.8% of the vote, according to a filing by the Toronto-based mining company.
Eco Oro says that it "believes that the dissidents are engaged in "forum-shopping" in order to find a receptive audience for their purported grievances."
The South African mining company said it made the "unfortunate decision to stop all project activities...until there's certainty about mining activity in the country."
Gran Colombia Gold is in the middle of a grievance with the Colombian government. The Canadian-registered gold and silver mining firm has been struggling to manage what some would call “illegal mining” and others might call “informal mining” on its...
Gran Colombia's massive lawsuit alleges that the local government failed to evict illegal miners from their sites of operations in Marmato and Segovia.