Rise Gold Corp is in the process of re-opening a historic underground gold mine, the Idaho-Maryland mine, first opened in 1863. At its' peak production in the early 1940s it employed 1000 people and was the second biggest gold mine in the US. Once operational, they will employ 300 people and mine 1000 tons of rock daily and 100,000 ounces of gold annually. Today's spot price of gold was $1879.
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