Family Christmas-tree farm 0. Gold mine 1

Not worth $800m

A family-owned Christmas-tree farm in Moose River court challenge over a proposed open pit gold mine has gone the way of the Australian mine developers.

The appeal to stop DDV Gold, owned by Australia’s Atlantic Gold, was dismissed in a unanimous decision of the Nova Scotia Court of Appeal, reports The Chronicle Herald.

The Higgins family who rejected $300,000 for their 3ha property which apparently had fallen into disuse, were the only owners still standing in the way of the development. The family plans to take the case to the Supreme Court of Canada.

The deposit at Moose River Gold Mines contains about 635,000 ounces of gold worth more than $800 million and construction is now expected to start in the second of quarter of next year.

The project is expected to produce about 90,000 ounces of gold per year for five to seven years, and create about 150 jobs during operations and 300 construction jobs.

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