EXPLORATION & DEVELOPMENT

Ark grounded

SHARES in Ark Mines plunged 46.5% in morning trade after the company said late yesterday it would postpone near-term mining plans for its Mt Porter gold project in the Northern Territory.

Ngaire McDiarmid
Ark grounded

Ark said it was unable to extend the current toll treat agreement with Northern Territory Mining Operations, now Kirkland Lake Gold, on terms and conditions that were satisfactory to Ark. Ark had voiced...

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