GoGold Resources Shares Rise After Receipt of Final Permits for Mexico Mine

Dow Jones06-08 22:59
 

By Adriano Marchese

 

GoGold Resources shares rose Monday after the company said it has secured the final federal permits and approvals for construction of its mine in Mexico.

Shares traded 14% higher at 3.44 Canadian dollars.

The Halifax, Nova Scotia-based miner said the Mexican Federal Environmental Department has granted all permits and approvals required to construct the Los Ricos South bulk tonnage underground mine in Jalisco.

With the final permits in place, the company's board has approved a decision to begin construction of the project, which is expected to take two years to complete to reach first pour.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

June 08, 2026 10:59 ET (14:59 GMT)

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